GORSEWAY COTTAGES, GORSEWAY, SIDMOUTH, EX10 8RJ - £950,000

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

GORSEWAY COTTAGES is a midsized extended detached house of 129m², built sometime between 1950 and 1966. It was last sold for £950,000 in January 2022, which was around 95% above the average January 2022 detached price in the East Devon local authority area. The most recent EPC inspection was August 2021, where the current energy rating was C, and the potential energy rating was C.

GORSEWAY COTTAGES Sold Prices

Land registry data shows two sales for GORSEWAY COTTAGES 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 GORSEWAY COTTAGES 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
2022 7 JAN	£950,000	£487,432	95% above HPI
2016 17 AUG	£550,000	£390,831	41% above HPI

GORSEWAY COTTAGES 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 GORSEWAY COTTAGES sales from August 2016 and January 2022 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 August 2016 sale was for 41% above the HPI. So the extrapolation line tracks at 41% above the HPI over time, until the January 2022 sale, where it rises to 95% above the HPI. The line then continues to track at 95% above the HPI.

What might GORSEWAY COTTAGES be worth now?

GORSEWAY COTTAGES might now be worth an estimated £1,058,132.

This is based on house price inflation of 11.4%, between January 2022 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 11.4% inflationary increase is applied to the most recent sale price for GORSEWAY COTTAGES of £950,000 on 7th January 2022. For the value to have increased from £950,000 to £1,058,132 over the one year and one month to December 2024, the following assumptions must hold true:

• The value of GORSEWAY COTTAGES has moved in line with the HPI for detached houses in the East Devon local authority area.
• The January 2022 sale price of £950,000 represented a fair market value for the property.
• The size, condition, and specification of GORSEWAY COTTAGES has not materially changed since January 2022.

How Large is GORSEWAY COTTAGES?

GORSEWAY COTTAGES is 129m², which includes three extensions, according to the EPC inspection conducted in August 2021. This puts it in the largest 50% 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 GORSEWAY COTTAGES lies on this distribution: 55% of detached houses houses are smaller than GORSEWAY COTTAGES, and 45% of houses are larger. Note that EPC data is not available for all properties in Sidmouth.

GORSEWAY COTTAGES: Plot and Title Map

GORSEWAY COTTAGES sits on a plot of roughly 0.384 of an acre, or 1,556m². The below map shows the location of GORSEWAY COTTAGES, 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 GORSEWAY COTTAGES). 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 GORSEWAY COTTAGES?

GORSEWAY COTTAGES is located on GORSEWAY in SIDMOUTH, in the EX10 postcode district. The below map shows the position of GORSEWAY COTTAGES on GORSEWAY.