2, THORNE FARM WAY, OTTERY ST MARY, EX11 1GX - £282,500

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 THORNE FARM WAY is a small detached house of 94m², built sometime between 1996 and 2002. It was last sold for £282,500 in June 2016, which was around 23% below the average June 2016 detached price in the East Devon local authority area. The most recent EPC inspection was March 2015, where the current energy rating was C, and the potential energy rating was B.

2 THORNE FARM WAY Sold Prices

Land registry data shows four sales for 2 THORNE FARM WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the East Devon local authority area for the corresponding sale date. All of the four 2 THORNE FARM WAY 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
2016 2 JUN	£282,500	£368,922	23% below HPI
2007 16 NOV	£294,000	£339,872	13% below HPI
2003 28 JAN	£188,500	£244,548	23% below HPI
2000 28 NOV	£145,000	£155,811	7% below HPI

2 THORNE FARM WAY 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 four 2 THORNE FARM WAY sales between November 2000 and June 2016 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 November 2007 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the June 2016 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is 2 THORNE FARM WAY?

2 THORNE FARM WAY is 94m² according to the EPC inspection conducted in March 2015. This puts it in the smallest 30% of detached houses in Ottery St Mary, based on EPC data. The below chart shows the distribution of detached houses by size in Ottery St Mary, and where 2 THORNE FARM WAY lies on this distribution: 29% of detached houses are smaller than 2 THORNE FARM WAY, and 70% of houses are larger. Note that EPC data is not available for all properties in Ottery St Mary.

2 THORNE FARM WAY: Plot and Title Map

2 THORNE FARM WAY sits on a plot of roughly 0.094 of an acre, or 379m². The below map shows the location of 2 THORNE FARM WAY, 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 THORNE FARM WAY). 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 THORNE FARM WAY?

2 THORNE FARM WAY is located in OTTERY ST. MARY, in the EX11 postcode district. The below map shows the position of No. 2 on THORNE FARM WAY.