FORGE COTTAGE, HAYES LANE, EAST BUDLEIGH, BUDLEIGH SALTERTON, EX9 7DA - £395,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

FORGE COTTAGE is a midsized detached house of 110m², built sometime before 1900. It was last sold for £395,000 in August 2013, which was around 16% above the average August 2013 detached price in the East Devon local authority area. The most recent EPC inspection was March 2013, where the current energy rating was E, and the potential energy rating was B.

FORGE COTTAGE Sold Prices

Land registry data shows three sales for FORGE COTTAGE 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. Two of the three FORGE COTTAGE sales were for above the average price, whilst one 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
2013 15 AUG	£395,000	£340,001	16% above HPI
2011 10 MAR	£330,000	£327,579	1% above HPI
1995 1 MAY	£81,000	£90,528	11% below HPI

FORGE COTTAGE 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 FORGE COTTAGE sales between May 1995 and August 2013 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 March 2011 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the August 2013 sale, where it rises to 16% above the HPI. The line then continues to track at 16% above the HPI.

How Large is FORGE COTTAGE?

FORGE COTTAGE is 110m² according to the EPC inspection conducted in March 2013. This puts it in the smallest 50% of detached houses in East Budleigh, based on EPC data. The below chart shows the distribution of detached houses by size in East Budleigh, and where FORGE COTTAGE lies on this distribution: 49% of detached houses are smaller than FORGE COTTAGE, and 51% of houses are larger. Note that EPC data is not available for all properties in East Budleigh.

FORGE COTTAGE: Plot and Title Map

FORGE COTTAGE sits on a plot of roughly 0.096 of an acre, or 388m². The below map shows the location of FORGE COTTAGE, 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 FORGE COTTAGE). 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 FORGE COTTAGE?

FORGE COTTAGE is located on HAYES LANE in EAST BUDLEIGH, in the EX9 postcode district. The below map shows the position of FORGE COTTAGE on HAYES LANE.