5, THORNE COTTAGES, OTTERY ST MARY, EX11 1RB - £315,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

5 THORNE COTTAGES is a very small detached house of 84m², built sometime between 1900 and 1929. It was last sold for £315,000 in March 2023, which was around 40% below the average March 2023 detached price in the East Devon local authority area. The most recent EPC inspection was March 2022, where the current energy rating was C, and the potential energy rating was B.

5 THORNE COTTAGES Sold Prices

Land registry data shows three sales for 5 THORNE COTTAGES 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 5 THORNE COTTAGES 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
2023 23 MAR	£315,000	£527,677	40% below HPI
2002 3 MAY	£115,000	£197,332	42% below HPI
1996 12 APR	£60,000	£93,181	36% below HPI

5 THORNE COTTAGES 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 5 THORNE COTTAGES sales between April 1996 and March 2023 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 2002 sale was for 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the March 2023 sale, where it rises to 40% below the HPI. The line then continues to track at 40% below the HPI.

How Large is 5 THORNE COTTAGES?

5 THORNE COTTAGES is 84m² according to the EPC inspection conducted in March 2022. This puts it in the smallest 20% 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 5 THORNE COTTAGES lies on this distribution: 18% of detached houses are smaller than 5 THORNE COTTAGES, and 82% of houses are larger. Note that EPC data is not available for all properties in Ottery St Mary.

5 THORNE COTTAGES: Plot and Title Map

5 THORNE COTTAGES sits on a plot of roughly 0.126 of an acre, or 511m². The below map shows the location of 5 THORNE COTTAGES, 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 5 THORNE COTTAGES). 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 5 THORNE COTTAGES?

5 THORNE COTTAGES is located in OTTERY ST. MARY, in the EX11 postcode district. The below map shows the position of No. 5 on THORNE COTTAGES.