CILGERRAN, HAYES LANE, OTTERTON, BUDLEIGH SALTERTON, EX9 7JS - £295,000

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

CILGERRAN is a small detached house of 99m², built sometime between 1950 and 1966. It was last sold for £295,000 in February 2015, which was around 18% below the average February 2015 detached price in the East Devon local authority area. The most recent EPC inspection was July 2015, where the current energy rating was G, and the potential energy rating was B.

CILGERRAN Sold Prices

Land registry data shows four sales for CILGERRAN 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 CILGERRAN 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
2015 20 FEB	£295,000	£359,584	18% below HPI
2002 29 OCT	£217,000	£237,943	9% below HPI
1997 31 OCT	£104,950	£110,205	5% below HPI
1997 29 AUG	£90,000	£109,745	18% below HPI

CILGERRAN 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 CILGERRAN sales between August 1997 and February 2015 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 October 2002 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the February 2015 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

What might CILGERRAN be worth now?

CILGERRAN might now be worth an estimated £445,402.

This is based on house price inflation of 51%, between February 2015 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 51% inflationary increase is applied to the most recent sale price for CILGERRAN of £295,000 on 20th February 2015. For the value to have increased from £295,000 to £445,402 over the eight years and two months to December 2024, the following assumptions must hold true:

• The value of CILGERRAN has moved in line with the HPI for detached houses in the East Devon local authority area.
• The February 2015 sale price of £295,000 represented a fair market value for the property.
• The size, condition, and specification of CILGERRAN has not materially changed since February 2015.

How Large is CILGERRAN?

CILGERRAN is 99m² according to the EPC inspection conducted in July 2015. This puts it in the smallest 30% 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 CILGERRAN lies on this distribution: 26% of detached houses houses are smaller than CILGERRAN, and 74% of houses are larger. Note that EPC data is not available for all properties in Otterton.

CILGERRAN: Plot and Title Map

CILGERRAN sits on a plot of roughly 0.176 of an acre, or 712m². The below map shows the location of CILGERRAN, 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 CILGERRAN). 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 CILGERRAN?

CILGERRAN is located on HAYES LANE in OTTERTON, in the EX9 postcode district. The below map shows the position of CILGERRAN on HAYES LANE.