12, MEADOW CLOSE, OTTERY ST MARY, EX11 1EW - £236,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

12 MEADOW CLOSE is a very small extended semi-detached house of 85m², built sometime between 1976 and 1982, which could now be worth an estimated £293,745. It was last sold for £236,000 in June 2018, which was around 11% below the average June 2018 semi-detached price in the East Devon local authority area. The most recent EPC inspection was July 2012, where the current energy rating was C, and the potential energy rating was B.

12 MEADOW CLOSE Sold Prices

Land registry data shows two sales for 12 MEADOW CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the East Devon local authority area for the corresponding sale date. One of the two 12 MEADOW CLOSE sales was for below the average price, whilst the other was for above 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
2018 1 JUN	£236,000	£265,112	11% below HPI
2004 1 MAR	£175,000	£169,097	3% above HPI

12 MEADOW CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the East Devon local authority area over time, sourced from the HPI. The two 12 MEADOW CLOSE sales from March 2004 and June 2018 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 March 2004 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the June 2018 sale, where it falls to 11% below the HPI. The line then continues to track at 11% below the HPI.

What might 12 MEADOW CLOSE be worth now?

12 MEADOW CLOSE might now be worth an estimated £293,745.

This is based on house price inflation of 24.5%, between June 2018 and June 2025, for semi-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 24.5% inflationary increase is applied to the most recent sale price for 12 MEADOW CLOSE of £236,000 on 1st June 2018. For the value to have increased from £236,000 to £293,745 over the seven years to June 2025, the following assumptions must hold true:

• The value of 12 MEADOW CLOSE has moved in line with the HPI for semi-detached houses in the East Devon local authority area.
• The June 2018 sale price of £236,000 represented a fair market value for the property.
• The size, condition, and specification of 12 MEADOW CLOSE has not materially changed since June 2018.

How Large is 12 MEADOW CLOSE?

12 MEADOW CLOSE is 85m², which includes two extensions, according to the EPC inspection conducted in July 2012. This puts it in the smallest 20% of semi-detached houses houses in Ottery St Mary, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Ottery St Mary, and where 12 MEADOW CLOSE lies on this distribution: 18% of semi-detached houses houses are smaller than 12 MEADOW CLOSE, and 81% of houses are larger. Note that EPC data is not available for all properties in Ottery St Mary.

12 MEADOW CLOSE: Plot and Title Map

12 MEADOW CLOSE sits on a plot of roughly 0.071 of an acre, or 286m². The below map shows the location of 12 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 12 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 12 MEADOW CLOSE?

12 MEADOW CLOSE is located in OTTERY ST. MARY, in the EX11 postcode district. The below map shows the position of No. 12 on MEADOW CLOSE.