MULBERRY HOUSE, SCHOOL LANE, WEST HILL, OTTERY ST MARY, EX11 1TX - £1,125,000

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.

MULBERRY HOUSE is a very large extended detached house of 337m², built sometime between 1996 and 2002, which could now be worth an estimated £1,421,045. It was last sold for £1,125,000 in February 2018, which was around 163% above the average February 2018 detached price in the East Devon local authority area. The most recent EPC inspection was October 2016, where the current energy rating was C, and the potential energy rating was C.

MULBERRY HOUSE Sold Prices

Land registry data shows four sales for MULBERRY HOUSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the East Devon local authority area for the corresponding sale date. All of the four MULBERRY HOUSE 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
2018 6 FEB	£1,125,000	£427,443	163% above HPI
2008 15 AUG	£840,000	£340,186	147% above HPI
2006 13 APR	£845,000	£307,310	175% above HPI
2001 21 SEP	£245,000	£182,101	35% above HPI

MULBERRY HOUSE 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 four MULBERRY HOUSE sales between September 2001 and February 2018 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 2008 sale was for 147% above the HPI. So the extrapolation line tracks at 147% above the HPI over time, until the February 2018 sale, where it rises to 163% above the HPI. The line then continues to track at 163% above the HPI.

What might MULBERRY HOUSE be worth now?

MULBERRY HOUSE might now be worth an estimated £1,421,045.

This is based on house price inflation of 26.3%, between February 2018 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 26.3% inflationary increase is applied to the most recent sale price for MULBERRY HOUSE of £1,125,000 on 6th February 2018. For the value to have increased from £1,125,000 to £1,421,045 over the seven years to February 2025, the following assumptions must hold true:

• The value of MULBERRY HOUSE has moved in line with the HPI for detached houses in the East Devon local authority area.
• The February 2018 sale price of £1,125,000 represented a fair market value for the property.
• The size, condition, and specification of MULBERRY HOUSE has not materially changed since February 2018.

How Large is MULBERRY HOUSE?

MULBERRY HOUSE is 337m², which includes one extension, according to the EPC inspection conducted in October 2016. 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 MULBERRY HOUSE lies on this distribution: 97% of detached houses houses are smaller than MULBERRY HOUSE, and 3% of houses are larger. Note that EPC data is not available for all properties in West Hill.

MULBERRY HOUSE: Plot and Title Map

MULBERRY HOUSE sits on a plot of roughly 0.525 of an acre, or 2,126m². The below map shows the location of MULBERRY HOUSE, 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 MULBERRY HOUSE). 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 MULBERRY HOUSE?

MULBERRY HOUSE is located on SCHOOL LANE in WEST HILL, in the EX11 postcode district. The below map shows the position of MULBERRY HOUSE on SCHOOL LANE.