11, MEADOW CLOSE, BUDLEIGH SALTERTON, EX9 6JN - £495,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

11 MEADOW CLOSE is a small detached house of 130m², built sometime between 1967 and 1975. It was last sold for £495,000 in February 2021, which was around 8% above the average February 2021 detached price in the East Devon local authority area. The most recent EPC inspection was August 2020, where the current energy rating was C, and the potential energy rating was C.

11 MEADOW CLOSE Sold Prices

Land registry data shows three sales for 11 MEADOW CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the East Devon local authority area for the corresponding sale date. One of the three 11 MEADOW CLOSE sales was for above the average price, whilst two were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2021 10 FEB	£495,000	£456,517	8% above HPI
2009 14 OCT	£280,500	£330,313	15% below HPI
2003 30 JUN	£146,250	£257,031	43% below HPI

11 MEADOW CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the East Devon local authority area over time, sourced from the HPI. The three 11 MEADOW CLOSE sales between June 2003 and February 2021 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the October 2009 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the February 2021 sale, where it rises to 8% above the HPI. The line then continues to track at 8% above the HPI.

What might 11 MEADOW CLOSE be worth now?

11 MEADOW CLOSE might now be worth an estimated £588,679.

This is based on house price inflation of 18.9%, between February 2021 and December 2024, for detached houses, in the East Devon local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 18.9% inflationary increase is applied to the most recent sale price for 11 MEADOW CLOSE of £495,000 on 10th February 2021. For the value to have increased from £495,000 to £588,679 over the two years and two months to December 2024, the following assumptions must hold true:

• The value of 11 MEADOW CLOSE has moved in line with the HPI for detached houses in the East Devon local authority area.
• The February 2021 sale price of £495,000 represented a fair market value for the property.
• The size, condition, and specification of 11 MEADOW CLOSE has not materially changed since February 2021.

How Large is 11 MEADOW CLOSE?

11 MEADOW CLOSE is 130m² according to the EPC inspection conducted in August 2020. This puts it in the smallest 40% of detached houses houses in Budleigh Salterton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Budleigh Salterton, and where 11 MEADOW CLOSE lies on this distribution: 36% of detached houses houses are smaller than 11 MEADOW CLOSE, and 64% of houses are larger. Note that EPC data is not available for all properties in Budleigh Salterton.

11 MEADOW CLOSE: Plot and Title Map

11 MEADOW CLOSE sits on a plot of roughly 0.119 of an acre, or 480m². The below map shows the location of 11 MEADOW CLOSE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 11 MEADOW CLOSE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 11 MEADOW CLOSE?

11 MEADOW CLOSE is located in BUDLEIGH SALTERTON, in the EX9 postcode district. The below map shows the position of No. 11 on MEADOW CLOSE.