LEATHERMILL COTTAGE, WEST HILL ROAD, WEST HILL, OTTERY ST MARY, EX11 1TP - £220,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

LEATHERMILL COTTAGE is a very large detached house of 287m². It was last sold for £220,000 in February 2012, which was around 33% below the average February 2012 detached price in the East Devon local authority area. The most recent EPC inspection was June 2015, where the current energy rating was B, and the potential energy rating was B.

LEATHERMILL COTTAGE Sold Prices

Land registry data shows two sales for LEATHERMILL 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 LEATHERMILL 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
2012 24 FEB	£220,000	£329,483	33% below HPI
2006 14 MAR	£250,000	£297,971	16% below HPI

LEATHERMILL 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 LEATHERMILL COTTAGE sales from March 2006 and February 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 March 2006 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the February 2012 sale, where it falls to 33% below the HPI. The line then continues to track at 33% below the HPI.

How Large is LEATHERMILL COTTAGE?

LEATHERMILL COTTAGE is 287m² according to the EPC inspection conducted in June 2015. This puts it in the largest 10% of detached houses in West Hill, based on EPC data. The below chart shows the distribution of detached houses by size in West Hill, and where LEATHERMILL COTTAGE lies on this distribution: 95% of detached houses are smaller than LEATHERMILL COTTAGE, and 5% of houses are larger. Note that EPC data is not available for all properties in West Hill.

LEATHERMILL COTTAGE: Plot and Title Map

LEATHERMILL COTTAGE sits on a plot of roughly 0.452 of an acre, or 1,829m². The below map shows the location of LEATHERMILL 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 LEATHERMILL 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 LEATHERMILL COTTAGE?

LEATHERMILL COTTAGE is located on WEST HILL ROAD in WEST HILL, in the EX11 postcode district. The below map shows the position of LEATHERMILL COTTAGE on WEST HILL ROAD.