GILPINS, REDWOOD ROAD, SIDMOUTH, EX10 9AD - £745,000

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.

GILPINS is a very large extended detached house of 183m², built sometime between 1967 and 1975, which could now be worth an estimated £919,764. It was last sold for £745,000 in February 2020, which was around 70% above the average February 2020 detached price in the East Devon local authority area. The most recent EPC inspection was March 2017, where the current energy rating was D, and the potential energy rating was C.

GILPINS Sold Prices

Land registry data shows three sales for GILPINS 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 GILPINS 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
2020 12 FEB	£745,000	£437,334	70% above HPI
2017 6 JUL	£725,000	£409,004	77% above HPI
2013 19 DEC	£580,000	£345,382	68% above HPI

GILPINS 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 GILPINS sales between December 2013 and February 2020 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 July 2017 sale was for 77% above the HPI. So the extrapolation line tracks at 77% above the HPI over time, until the February 2020 sale, where it falls to 70% above the HPI. The line then continues to track at 70% above the HPI.

What might GILPINS be worth now?

GILPINS might now be worth an estimated £919,764.

This is based on house price inflation of 23.5%, between February 2020 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 23.5% inflationary increase is applied to the most recent sale price for GILPINS of £745,000 on 12th February 2020. For the value to have increased from £745,000 to £919,764 over the five years to February 2025, the following assumptions must hold true:

• The value of GILPINS has moved in line with the HPI for detached houses in the East Devon local authority area.
• The February 2020 sale price of £745,000 represented a fair market value for the property.
• The size, condition, and specification of GILPINS has not materially changed since February 2020.

How Large is GILPINS?

GILPINS is 183m², which includes one extension, according to the EPC inspection conducted in March 2017. This puts it in the largest 20% of detached houses houses in Sidmouth, based on EPC data. The below chart shows the distribution of detached houses houses by size in Sidmouth, and where GILPINS lies on this distribution: 85% of detached houses houses are smaller than GILPINS, and 15% of houses are larger. Note that EPC data is not available for all properties in Sidmouth.

GILPINS: Plot and Title Map

GILPINS sits on a plot of roughly 0.226 of an acre, or 914m². The below map shows the location of GILPINS, 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 GILPINS). 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 GILPINS?

GILPINS is located on REDWOOD ROAD in SIDMOUTH, in the EX10 postcode district. The below map shows the position of GILPINS on REDWOOD ROAD.