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

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.

LEATHERMILL COTTAGE is a very large detached house of 287m², which could now be worth an estimated £350,202. It was last sold for £220,000 in February 2012, which was around 35% 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	£339,186	35% below HPI
2006 14 MAR	£250,000	£306,746	18% 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 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the February 2012 sale, where it falls to 35% below the HPI. The line then continues to track at 35% below the HPI.

What might LEATHERMILL COTTAGE be worth now?

LEATHERMILL COTTAGE might now be worth an estimated £350,202.

This is based on house price inflation of 59.2%, between February 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 59.2% inflationary increase is applied to the most recent sale price for LEATHERMILL COTTAGE of £220,000 on 24th February 2012. For the value to have increased from £220,000 to £350,202 over the thirteen years to February 2025, the following assumptions must hold true:

• The value of LEATHERMILL COTTAGE has moved in line with the HPI for detached houses in the East Devon local authority area.
• The February 2012 sale price of £220,000 represented a fair market value for the property.
• The size, condition, and specification of LEATHERMILL COTTAGE has not materially changed since February 2012.

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 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 LEATHERMILL COTTAGE lies on this distribution: 95% of detached houses 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.