FOURWAYS, WEST HILL, OTTERY ST MARY, EX11 1UB - £621,500

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

FOURWAYS is a very large extended detached house of 237m², built sometime between 1900 and 1929, which could now be worth an estimated £972,385. It was last sold for £621,500 in August 2012, which was around 80% above the average August 2012 detached price in the East Devon local authority area. The most recent EPC inspection was December 2011, where the current energy rating was C, and the potential energy rating was C.

FOURWAYS Sold Prices

Land registry data shows three sales for FOURWAYS 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 FOURWAYS 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
2012 24 AUG	£621,500	£345,093	80% above HPI
2009 13 NOV	£380,000	£335,541	13% above HPI
2007 16 FEB	£385,000	£326,692	18% above HPI

FOURWAYS 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 FOURWAYS sales between February 2007 and August 2012 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 November 2009 sale was for 13% above the HPI. So the extrapolation line tracks at 13% above the HPI over time, until the August 2012 sale, where it rises to 80% above the HPI. The line then continues to track at 80% above the HPI.

What might FOURWAYS be worth now?

FOURWAYS might now be worth an estimated £972,385.

This is based on house price inflation of 56.5%, between August 2012 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 56.5% inflationary increase is applied to the most recent sale price for FOURWAYS of £621,500 on 24th August 2012. For the value to have increased from £621,500 to £972,385 over the thirteen years and six months to February 2025, the following assumptions must hold true:

• The value of FOURWAYS has moved in line with the HPI for detached houses in the East Devon local authority area.
• The August 2012 sale price of £621,500 represented a fair market value for the property.
• The size, condition, and specification of FOURWAYS has not materially changed since August 2012.

How Large is FOURWAYS?

FOURWAYS is 237m², which includes four extensions, according to the EPC inspection conducted in December 2011. This puts it in the largest 20% of detached houses houses in West Hill, based on EPC data. The below chart shows the distribution of detached houses houses by size in West Hill, and where FOURWAYS lies on this distribution: 81% of detached houses houses are smaller than FOURWAYS, and 19% of houses are larger. Note that EPC data is not available for all properties in West Hill.

FOURWAYS: Plot and Title Map

FOURWAYS sits on a plot of roughly 0.596 of an acre, or 2,413m². The below map shows the location of FOURWAYS, 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 FOURWAYS). 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 FOURWAYS?

FOURWAYS is located in WEST HILL, in the EX11 postcode district. The below map shows the position of FOURWAYS in WEST HILL.