45, THORNE FARM WAY, OTTERY ST MARY, EX11 1GX - £360,000

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.

45 THORNE FARM WAY is a small detached house of 95m², built sometime between 1996 and 2002, which could now be worth an estimated £458,124. It was last sold for £360,000 in April 2018, which was around 15% below the average April 2018 detached price in the East Devon local authority area. The most recent EPC inspection was July 2013, where the current energy rating was C, and the potential energy rating was B.

45 THORNE FARM WAY Sold Prices

Land registry data shows five sales for 45 THORNE FARM WAY since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the East Devon local authority area for the corresponding sale date. The five 45 THORNE FARM WAY sales were a mix of below the average price, and roughly equal to 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
2018 27 APR	£360,000	£424,280	15% below HPI
2018 16 FEB	£325,000	£427,443	24% below HPI
2009 8 DEC	£324,500	£335,065	3% below HPI
2007 14 MAR	£325,000	£325,283	Close to HPI
2003 11 MAR	£235,000	£256,787	8% below HPI

45 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 five 45 THORNE FARM WAY sales between March 2003 and April 2018 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 February 2018 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the April 2018 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.

What might 45 THORNE FARM WAY be worth now?

45 THORNE FARM WAY might now be worth an estimated £458,124.

This is based on house price inflation of 27.3%, between April 2018 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 27.3% inflationary increase is applied to the most recent sale price for 45 THORNE FARM WAY of £360,000 on 27th April 2018. For the value to have increased from £360,000 to £458,124 over the seven years and two months to February 2025, the following assumptions must hold true:

• The value of 45 THORNE FARM WAY has moved in line with the HPI for detached houses in the East Devon local authority area.
• The April 2018 sale price of £360,000 represented a fair market value for the property.
• The size, condition, and specification of 45 THORNE FARM WAY has not materially changed since April 2018.

How Large is 45 THORNE FARM WAY?

45 THORNE FARM WAY is 95m² according to the EPC inspection conducted in July 2013. This puts it in the smallest 40% 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 45 THORNE FARM WAY lies on this distribution: 31% of detached houses houses are smaller than 45 THORNE FARM WAY, and 68% of houses are larger. Note that EPC data is not available for all properties in Ottery St Mary.

45 THORNE FARM WAY: Plot and Title Map

45 THORNE FARM WAY sits on a plot of roughly 0.156 of an acre, or 630m². The below map shows the location of 45 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 45 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 45 THORNE FARM WAY?

45 THORNE FARM WAY is located in OTTERY ST. MARY, in the EX11 postcode district. The below map shows the position of No. 45 on THORNE FARM WAY.