GILLS COTTAGE, HAWKCHURCH, AXMINSTER, EX13 5TZ - £260,000

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

GILLS COTTAGE is a very small detached house of 70m², built sometime before 1900, which could now be worth an estimated £407,208. It was last sold for £260,000 in April 2014, which was around 25% below the average April 2014 detached price in the East Devon local authority area. The most recent EPC inspection was December 2014, where the current energy rating was G, and the potential energy rating was A.

GILLS COTTAGE Sold Prices

Land registry data shows two sales for GILLS COTTAGE 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. Both of the two GILLS COTTAGE 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
2014 16 APR	£260,000	£346,647	25% below HPI
2011 9 MAR	£250,000	£337,226	26% below HPI

GILLS 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 two GILLS COTTAGE sales from March 2011 and April 2014 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 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the April 2014 sale, where it rises to 25% below the HPI. The line then continues to track at 25% below the HPI.

What might GILLS COTTAGE be worth now?

GILLS COTTAGE might now be worth an estimated £407,208.

This is based on house price inflation of 56.6%, between April 2014 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 56.6% inflationary increase is applied to the most recent sale price for GILLS COTTAGE of £260,000 on 16th April 2014. For the value to have increased from £260,000 to £407,208 over the nine years and four months to December 2024, the following assumptions must hold true:

• The value of GILLS COTTAGE has moved in line with the HPI for detached houses in the East Devon local authority area.
• The April 2014 sale price of £260,000 represented a fair market value for the property.
• The size, condition, and specification of GILLS COTTAGE has not materially changed since April 2014.

How Large is GILLS COTTAGE?

GILLS COTTAGE is 70m² according to the EPC inspection conducted in December 2014. This puts it in the smallest 10% of detached houses houses in Hawkchurch, based on EPC data. The below chart shows the distribution of detached houses houses by size in Hawkchurch, and where GILLS COTTAGE lies on this distribution: Less than 1% of detached houses houses are smaller than GILLS COTTAGE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Hawkchurch.

GILLS COTTAGE: Plot and Title Map

GILLS COTTAGE sits on a plot of roughly 0.253 of an acre, or 1,024m². The below map shows the location of GILLS 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 GILLS 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 GILLS COTTAGE?

GILLS COTTAGE is located in HAWKCHURCH, in the EX13 postcode district. The below map shows the position of GILLS COTTAGE in HAWKCHURCH.