3, GODFREY CLOSE, OTTERY ST MARY, EX11 1GY - £225,000

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

3 GODFREY CLOSE is a very small detached house of 62m², built sometime between 1996 and 2002, which could now be worth an estimated £351,649. It was last sold for £225,000 in January 2014, which was around 35% below the average January 2014 detached price in the East Devon local authority area. The most recent EPC inspection was December 2013, where the current energy rating was C, and the potential energy rating was B.

3 GODFREY CLOSE Sold Prices

Land registry data shows three sales for 3 GODFREY CLOSE 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 3 GODFREY CLOSE 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
2014 15 JAN	£225,000	£347,379	35% below HPI
2004 20 SEP	£215,000	£301,270	29% below HPI
2001 10 APR	£112,950	£162,817	31% below HPI

3 GODFREY 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 three 3 GODFREY CLOSE sales between April 2001 and January 2014 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 September 2004 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the January 2014 sale, where it falls to 35% below the HPI. The line then continues to track at 35% below the HPI.

What might 3 GODFREY CLOSE be worth now?

3 GODFREY CLOSE might now be worth an estimated £351,649.

This is based on house price inflation of 56.3%, between January 2014 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 56.3% inflationary increase is applied to the most recent sale price for 3 GODFREY CLOSE of £225,000 on 15th January 2014. For the value to have increased from £225,000 to £351,649 over the nine years and one month to December 2024, the following assumptions must hold true:

• The value of 3 GODFREY CLOSE has moved in line with the HPI for detached houses in the East Devon local authority area.
• The January 2014 sale price of £225,000 represented a fair market value for the property.
• The size, condition, and specification of 3 GODFREY CLOSE has not materially changed since January 2014.

How Large is 3 GODFREY CLOSE?

3 GODFREY CLOSE is 62m² according to the EPC inspection conducted in December 2013. This puts it in the smallest 10% of detached houses houses in Ottery St Mary, based on EPC data. The below chart shows the distribution of detached houses houses by size in Ottery St Mary, and where 3 GODFREY CLOSE lies on this distribution: 2% of detached houses houses are smaller than 3 GODFREY CLOSE, and 98% of houses are larger. Note that EPC data is not available for all properties in Ottery St Mary.

3 GODFREY CLOSE: Plot and Title Map

3 GODFREY CLOSE sits on a plot of roughly 0.092 of an acre, or 373m². The below map shows the location of 3 GODFREY 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 3 GODFREY 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 3 GODFREY CLOSE?

3 GODFREY CLOSE is located in OTTERY ST. MARY, in the EX11 postcode district. The below map shows the position of No. 3 on GODFREY CLOSE.