2, NEEDLEWOOD CLOSE, WEST HILL, OTTERY ST MARY, EX11 1XR - £490,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

2 NEEDLEWOOD CLOSE is a small extended detached house of 148m², built sometime between 1967 and 1975. It was last sold for £490,000 in November 2013, which was around 45% above the average November 2013 detached price in the East Devon local authority area. The most recent EPC inspection was March 2013, where the current energy rating was C, and the potential energy rating was B.

2 NEEDLEWOOD CLOSE Sold Prices

Land registry data shows two sales for 2 NEEDLEWOOD 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. Both of the two 2 NEEDLEWOOD CLOSE sales were 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
2013 14 NOV	£490,000	£338,287	45% above HPI
1999 27 JUL	£175,000	£120,957	45% above HPI

2 NEEDLEWOOD 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 2 NEEDLEWOOD CLOSE sales from July 1999 and November 2013 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 July 1999 sale was for 45% above the HPI. So the extrapolation line tracks at 45% above the HPI over time, until the November 2013 sale, which was also at 45% above the HPI.

How Large is 2 NEEDLEWOOD CLOSE?

2 NEEDLEWOOD CLOSE is 148m², which includes one extension, according to the EPC inspection conducted in March 2013. This puts it in the smallest 40% of detached houses in West Hill, based on EPC data. The below chart shows the distribution of detached houses by size in West Hill, and where 2 NEEDLEWOOD CLOSE lies on this distribution: 36% of detached houses are smaller than 2 NEEDLEWOOD CLOSE, and 63% of houses are larger. Note that EPC data is not available for all properties in West Hill.

2 NEEDLEWOOD CLOSE: Plot and Title Map

2 NEEDLEWOOD CLOSE sits on a plot of roughly 0.365 of an acre, or 1,476m². The below map shows the location of 2 NEEDLEWOOD 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 2 NEEDLEWOOD 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 2 NEEDLEWOOD CLOSE?

2 NEEDLEWOOD CLOSE is located in WEST HILL, in the EX11 postcode district. The below map shows the position of No. 2 on NEEDLEWOOD CLOSE.