FORDWYCH, BROOKFIELD ROAD, EAST BUDLEIGH, BUDLEIGH SALTERTON, EX9 7EL - £525,000

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.

FORDWYCH is a large extended detached house of 153m², built sometime between 1950 and 1966, which could now be worth an estimated £655,056. It was last sold for £525,000 in June 2018, which was around 22% above the average June 2018 detached price in the East Devon local authority area. The most recent EPC inspection was December 2016, where the current energy rating was D, and the potential energy rating was C.

FORDWYCH Sold Prices

Land registry data shows two sales for FORDWYCH since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the East Devon local authority area for the corresponding sale date. One of the two FORDWYCH sales was for above the average price, whilst the other was 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
2018 22 JUN	£525,000	£428,695	22% above HPI
2006 28 APR	£297,000	£307,310	3% below HPI

FORDWYCH 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 two FORDWYCH sales from April 2006 and June 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 April 2006 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the June 2018 sale, where it rises to 22% above the HPI. The line then continues to track at 22% above the HPI.

What might FORDWYCH be worth now?

FORDWYCH might now be worth an estimated £655,056.

This is based on house price inflation of 24.8%, between June 2018 and March 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 24.8% inflationary increase is applied to the most recent sale price for FORDWYCH of £525,000 on 22nd June 2018. For the value to have increased from £525,000 to £655,056 over the seven years and three months to March 2025, the following assumptions must hold true:

• The value of FORDWYCH has moved in line with the HPI for detached houses in the East Devon local authority area.
• The June 2018 sale price of £525,000 represented a fair market value for the property.
• The size, condition, and specification of FORDWYCH has not materially changed since June 2018.

How Large is FORDWYCH?

FORDWYCH is 153m², which includes one extension, according to the EPC inspection conducted in December 2016. This puts it in the largest 30% of detached houses houses in East Budleigh, based on EPC data. The below chart shows the distribution of detached houses houses by size in East Budleigh, and where FORDWYCH lies on this distribution: 73% of detached houses houses are smaller than FORDWYCH, and 27% of houses are larger. Note that EPC data is not available for all properties in East Budleigh.

FORDWYCH: Plot and Title Map

FORDWYCH sits on a plot of roughly 0.213 of an acre, or 862m². The below map shows the location of FORDWYCH, 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 FORDWYCH). 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 FORDWYCH?

FORDWYCH is located on BROOKFIELD ROAD in EAST BUDLEIGH, in the EX9 postcode district. The below map shows the position of FORDWYCH on BROOKFIELD ROAD.