4, DUKES CLOSE, OTTERTON, BUDLEIGH SALTERTON, EX9 7EY - £325,000

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

4 DUKES CLOSE is a very small detached house of 91m², built sometime between 1991 and 1995. It was last sold for £325,000 in October 2014, which was around 13% below the average October 2014 detached price in the East Devon local authority area. The most recent EPC inspection was September 2023, where the current energy rating was D, and the potential energy rating was C.

4 DUKES CLOSE Sold Prices

Land registry data shows four sales for 4 DUKES CLOSE 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 4 DUKES 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 24 OCT	£325,000	£371,868	13% below HPI
2011 1 NOV	£285,000	£347,797	18% below HPI
2007 15 JUN	£329,950	£342,035	4% below HPI
2001 27 JUN	£154,000	£169,906	9% below HPI

4 DUKES 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 four 4 DUKES CLOSE sales between June 2001 and October 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 November 2011 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the October 2014 sale, where it rises to 13% below the HPI. The line then continues to track at 13% below the HPI.

What might 4 DUKES CLOSE be worth now?

4 DUKES CLOSE might now be worth an estimated £474,488.

This is based on house price inflation of 46%, between October 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 46% inflationary increase is applied to the most recent sale price for 4 DUKES CLOSE of £325,000 on 24th October 2014. For the value to have increased from £325,000 to £474,488 over the nine years and ten months to December 2024, the following assumptions must hold true:

• The value of 4 DUKES CLOSE has moved in line with the HPI for detached houses in the East Devon local authority area.
• The October 2014 sale price of £325,000 represented a fair market value for the property.
• The size, condition, and specification of 4 DUKES CLOSE has not materially changed since October 2014.

How Large is 4 DUKES CLOSE?

4 DUKES CLOSE is 91m² according to the EPC inspection conducted in September 2023. This puts it in the smallest 20% of detached houses houses in Otterton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Otterton, and where 4 DUKES CLOSE lies on this distribution: 11% of detached houses houses are smaller than 4 DUKES CLOSE, and 89% of houses are larger. Note that EPC data is not available for all properties in Otterton.

4 DUKES CLOSE: Plot and Title Map

4 DUKES CLOSE sits on a plot of roughly 0.074 of an acre, or 299m². The below map shows the location of 4 DUKES 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 4 DUKES 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 4 DUKES CLOSE?

4 DUKES CLOSE is located in OTTERTON, in the EX9 postcode district. The below map shows the position of No. 4 on DUKES CLOSE.