4, SHORTWOOD CLOSE, BUDLEIGH SALTERTON, EX9 6QW - £275,000

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.

4 SHORTWOOD CLOSE is a midsized extended semi-detached house of 143m², built sometime between 1950 and 1966, which could now be worth an estimated £385,751. It was last sold for £275,000 in August 2016, which was around 14% above the average August 2016 semi-detached price in the East Devon local authority area. The most recent EPC inspection was November 2016, where the current energy rating was E, and the potential energy rating was C.

4 SHORTWOOD CLOSE Sold Prices

Land registry data shows three sales for 4 SHORTWOOD CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the East Devon local authority area for the corresponding sale date. All of the three 4 SHORTWOOD 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
2016 24 AUG	£275,000	£241,319	14% above HPI
2006 26 MAY	£243,000	£198,584	22% above HPI
2005 23 NOV	£190,000	£188,350	1% above HPI

4 SHORTWOOD CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the East Devon local authority area over time, sourced from the HPI. The three 4 SHORTWOOD CLOSE sales between November 2005 and August 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 May 2006 sale was for 22% above the HPI. So the extrapolation line tracks at 22% above the HPI over time, until the August 2016 sale, where it falls to 14% above the HPI. The line then continues to track at 14% above the HPI.

What might 4 SHORTWOOD CLOSE be worth now?

4 SHORTWOOD CLOSE might now be worth an estimated £385,751.

This is based on house price inflation of 40.3%, between August 2016 and February 2025, for semi-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 40.3% inflationary increase is applied to the most recent sale price for 4 SHORTWOOD CLOSE of £275,000 on 24th August 2016. For the value to have increased from £275,000 to £385,751 over the nine years and six months to February 2025, the following assumptions must hold true:

• The value of 4 SHORTWOOD CLOSE has moved in line with the HPI for semi-detached houses in the East Devon local authority area.
• The August 2016 sale price of £275,000 represented a fair market value for the property.
• The size, condition, and specification of 4 SHORTWOOD CLOSE has not materially changed since August 2016.

How Large is 4 SHORTWOOD CLOSE?

4 SHORTWOOD CLOSE is 143m², which includes one extension, according to the EPC inspection conducted in November 2016. This puts it in the smallest 50% of semi-detached houses houses in Budleigh Salterton, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Budleigh Salterton, and where 4 SHORTWOOD CLOSE lies on this distribution: 46% of semi-detached houses houses are smaller than 4 SHORTWOOD CLOSE, and 54% of houses are larger. Note that EPC data is not available for all properties in Budleigh Salterton.

4 SHORTWOOD CLOSE: Plot and Title Map

4 SHORTWOOD CLOSE sits on a plot of roughly 0.079 of an acre, or 320m². The below map shows the location of 4 SHORTWOOD 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 SHORTWOOD 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 SHORTWOOD CLOSE?

4 SHORTWOOD CLOSE is located in BUDLEIGH SALTERTON, in the EX9 postcode district. The below map shows the position of No. 4 on SHORTWOOD CLOSE.