8, EAST TERRACE, BUDLEIGH SALTERTON, EX9 6PG - £1,410,750

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.

8 EAST TERRACE is a very large extended detached house of 540m², built sometime before 1900, which could now be worth an estimated £1,702,566. It was last sold for £1,410,750 in April 2020, which was around 215% above the average April 2020 detached price in the East Devon local authority area. The most recent EPC inspection was June 2019, where the current energy rating was D, and the potential energy rating was C.

8 EAST TERRACE Sold Prices

Land registry data shows five sales for 8 EAST TERRACE 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. All of the five 8 EAST TERRACE 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
2020 16 APR	£1,410,750	£447,383	215% above HPI
2009 26 MAY	£935,000	£306,929	205% above HPI
2006 26 JUL	£900,000	£315,153	186% above HPI
2001 6 JUN	£500,000	£169,906	194% above HPI
1995 22 SEP	£200,000	£96,485	107% above HPI

8 EAST TERRACE 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 8 EAST TERRACE sales between September 1995 and April 2020 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 2009 sale was for 205% above the HPI. So the extrapolation line tracks at 205% above the HPI over time, until the April 2020 sale, where it rises to 215% above the HPI. The line then continues to track at 215% above the HPI.

What might 8 EAST TERRACE be worth now?

8 EAST TERRACE might now be worth an estimated £1,702,566.

This is based on house price inflation of 20.7%, between April 2020 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 20.7% inflationary increase is applied to the most recent sale price for 8 EAST TERRACE of £1,410,750 on 16th April 2020. For the value to have increased from £1,410,750 to £1,702,566 over the five years and two months to February 2025, the following assumptions must hold true:

• The value of 8 EAST TERRACE has moved in line with the HPI for detached houses in the East Devon local authority area.
• The April 2020 sale price of £1,410,750 represented a fair market value for the property.
• The size, condition, and specification of 8 EAST TERRACE has not materially changed since April 2020.

How Large is 8 EAST TERRACE?

8 EAST TERRACE is 540m², which includes three extensions, according to the EPC inspection conducted in June 2019. This puts it in the largest 10% of detached houses houses in Budleigh Salterton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Budleigh Salterton, and where 8 EAST TERRACE lies on this distribution: More than 99% of detached houses houses are smaller than 8 EAST TERRACE, and less than 1% of houses are larger. Note that EPC data is not available for all properties in Budleigh Salterton.

8 EAST TERRACE: Plot and Title Map

8 EAST TERRACE sits on a plot of roughly 0.244 of an acre, or 987m². The below map shows the location of 8 EAST TERRACE, 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 8 EAST TERRACE). 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 8 EAST TERRACE?

8 EAST TERRACE is located in BUDLEIGH SALTERTON, in the EX9 postcode district. The below map shows the position of No. 8 on EAST TERRACE.