LOVERING FARM COTTAGE, MARLEY ROAD, EXMOUTH, EX8 5DP - £388,000

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.

LOVERING FARM COTTAGE is a midsized detached house of 110m², built sometime between 1996 and 2002, which could now be worth an estimated £461,000. It was last sold for £388,000 in March 2021, which was around 15% below the average March 2021 detached price in the East Devon local authority area. The most recent EPC inspection was October 2020, where the current energy rating was D, and the potential energy rating was C.

LOVERING FARM COTTAGE Sold Prices

Land registry data shows two sales for LOVERING FARM 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 LOVERING FARM 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
2021 17 MAR	£388,000	£454,427	15% below HPI
1999 27 JUL	£80,000	£124,519	36% below HPI

LOVERING FARM 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 LOVERING FARM COTTAGE sales from July 1999 and March 2021 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 1999 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the March 2021 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.

What might LOVERING FARM COTTAGE be worth now?

LOVERING FARM COTTAGE might now be worth an estimated £461,000.

This is based on house price inflation of 18.8%, between March 2021 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 18.8% inflationary increase is applied to the most recent sale price for LOVERING FARM COTTAGE of £388,000 on 17th March 2021. For the value to have increased from £388,000 to £461,000 over the four years and one month to February 2025, the following assumptions must hold true:

• The value of LOVERING FARM COTTAGE has moved in line with the HPI for detached houses in the East Devon local authority area.
• The March 2021 sale price of £388,000 represented a fair market value for the property.
• The size, condition, and specification of LOVERING FARM COTTAGE has not materially changed since March 2021.

How Large is LOVERING FARM COTTAGE?

LOVERING FARM COTTAGE is 110m² according to the EPC inspection conducted in October 2020. This puts it in the largest 50% of detached houses houses in Exmouth, based on EPC data. The below chart shows the distribution of detached houses houses by size in Exmouth, and where LOVERING FARM COTTAGE lies on this distribution: 51% of detached houses houses are smaller than LOVERING FARM COTTAGE, and 48% of houses are larger. Note that EPC data is not available for all properties in Exmouth.

LOVERING FARM COTTAGE: Plot and Title Map

LOVERING FARM COTTAGE sits on a plot of roughly 0.098 of an acre, or 396m². The below map shows the location of LOVERING FARM 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 LOVERING FARM 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 LOVERING FARM COTTAGE?

LOVERING FARM COTTAGE is located on MARLEY ROAD in EXMOUTH, in the EX8 postcode district. The below map shows the position of LOVERING FARM COTTAGE on MARLEY ROAD.