2, POLLY BROOK COTTAGES, PAYHEMBURY, HONITON, EX14 3HA - £327,500

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.

2 POLLY BROOK COTTAGES is a small extended detached house of 100m², built sometime between 2003 and 2006, which could now be worth an estimated £384,743. It was last sold for £327,500 in May 2021, which was around 29% below the average May 2021 detached price in the East Devon local authority area. The most recent EPC inspection was November 2019, where the current energy rating was C, and the potential energy rating was B.

2 POLLY BROOK COTTAGES Sold Prices

Land registry data shows three sales for 2 POLLY BROOK COTTAGES 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. All of the three 2 POLLY BROOK COTTAGES sales 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 7 MAY	£327,500	£459,594	29% below HPI
2013 26 APR	£278,000	£349,825	21% below HPI
2009 23 OCT	£325,000	£330,313	2% below HPI

2 POLLY BROOK COTTAGES 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 2 POLLY BROOK COTTAGES sales between October 2009 and May 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 April 2013 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the May 2021 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.

What might 2 POLLY BROOK COTTAGES be worth now?

2 POLLY BROOK COTTAGES might now be worth an estimated £384,743.

This is based on house price inflation of 17.5%, between May 2021 and February 2025, 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 17.5% inflationary increase is applied to the most recent sale price for 2 POLLY BROOK COTTAGES of £327,500 on 7th May 2021. For the value to have increased from £327,500 to £384,743 over the four years and three months to February 2025, the following assumptions must hold true:

• The value of 2 POLLY BROOK COTTAGES has moved in line with the HPI for detached houses in the East Devon local authority area.
• The May 2021 sale price of £327,500 represented a fair market value for the property.
• The size, condition, and specification of 2 POLLY BROOK COTTAGES has not materially changed since May 2021.

How Large is 2 POLLY BROOK COTTAGES?

2 POLLY BROOK COTTAGES is 100m², which includes one extension, according to the EPC inspection conducted in November 2019. This puts it in the smallest 40% of detached houses houses in Payhembury, based on EPC data. The below chart shows the distribution of detached houses houses by size in Payhembury, and where 2 POLLY BROOK COTTAGES lies on this distribution: 37% of detached houses houses are smaller than 2 POLLY BROOK COTTAGES, and 63% of houses are larger. Note that EPC data is not available for all properties in Payhembury.

2 POLLY BROOK COTTAGES: Plot and Title Map

2 POLLY BROOK COTTAGES sits on a plot of roughly 0.040 of an acre, or 163m². The below map shows the location of 2 POLLY BROOK COTTAGES, 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 POLLY BROOK COTTAGES). 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 POLLY BROOK COTTAGES?

2 POLLY BROOK COTTAGES is located in PAYHEMBURY, in the EX14 postcode district. The below map shows the position of No. 2 on POLLY BROOK COTTAGES.