16, MEADOW CLOSE, BUDLEIGH SALTERTON, EX9 6JN - £600,000

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

16 MEADOW CLOSE is a small detached house of 129m², built sometime between 1950 and 1966. It was last sold for £600,000 in September 2021, which was around 28% above the average September 2021 detached price in the East Devon local authority area. The most recent EPC inspection was January 2017, where the current energy rating was C, and the potential energy rating was B.

16 MEADOW CLOSE Sold Prices

Land registry data shows two sales for 16 MEADOW CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the East Devon local authority area for the corresponding sale date. One of the two 16 MEADOW CLOSE sales was for above the average price, whilst the other was 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 29 SEP	£600,000	£468,526	28% above HPI
2009 12 JUN	£285,000	£311,592	9% below HPI

16 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 two 16 MEADOW CLOSE sales from June 2009 and September 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 June 2009 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the September 2021 sale, where it rises to 28% above the HPI. The line then continues to track at 28% above the HPI.

What might 16 MEADOW CLOSE be worth now?

16 MEADOW CLOSE might now be worth an estimated £695,261.

This is based on house price inflation of 15.9%, between September 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 15.9% inflationary increase is applied to the most recent sale price for 16 MEADOW CLOSE of £600,000 on 29th September 2021. For the value to have increased from £600,000 to £695,261 over the two years and nine months to December 2024, the following assumptions must hold true:

• The value of 16 MEADOW CLOSE has moved in line with the HPI for detached houses in the East Devon local authority area.
• The September 2021 sale price of £600,000 represented a fair market value for the property.
• The size, condition, and specification of 16 MEADOW CLOSE has not materially changed since September 2021.

How Large is 16 MEADOW CLOSE?

16 MEADOW CLOSE is 129m² according to the EPC inspection conducted in January 2017. 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 16 MEADOW CLOSE lies on this distribution: 35% of detached houses houses are smaller than 16 MEADOW CLOSE, and 65% of houses are larger. Note that EPC data is not available for all properties in Budleigh Salterton.

16 MEADOW CLOSE: Plot and Title Map

16 MEADOW CLOSE sits on a plot of roughly 0.182 of an acre, or 737m². The below map shows the location of 16 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 16 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 16 MEADOW CLOSE?

16 MEADOW CLOSE is located in BUDLEIGH SALTERTON, in the EX9 postcode district. The below map shows the position of No. 16 on MEADOW CLOSE.