OTTER EDGE, EXETER ROAD, HONITON, EX14 1AT - £592,500

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.

OTTER EDGE is a very large detached house of 190m², built sometime between 1976 and 1982, which could now be worth an estimated £728,185. It was last sold for £592,500 in November 2018, which was around 35% above the average November 2018 detached price in the East Devon local authority area. The most recent EPC inspection was May 2010, where the current energy rating was C, and the potential energy rating was C.

OTTER EDGE Sold Prices

Land registry data shows three sales for OTTER EDGE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the East Devon local authority area for the corresponding sale date. All of the three OTTER EDGE 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 29 NOV	£592,500	£439,319	35% above HPI
2012 31 MAY	£470,000	£340,681	38% above HPI
2000 31 MAR	£215,000	£143,779	50% above HPI

OTTER EDGE 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 three OTTER EDGE sales between March 2000 and November 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 May 2012 sale was for 38% above the HPI. So the extrapolation line tracks at 38% above the HPI over time, until the November 2018 sale, where it falls to 35% above the HPI. The line then continues to track at 35% above the HPI.

What might OTTER EDGE be worth now?

OTTER EDGE might now be worth an estimated £728,185.

This is based on house price inflation of 22.9%, between November 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 22.9% inflationary increase is applied to the most recent sale price for OTTER EDGE of £592,500 on 29th November 2018. For the value to have increased from £592,500 to £728,185 over the seven years and nine months to February 2025, the following assumptions must hold true:

• The value of OTTER EDGE has moved in line with the HPI for detached houses in the East Devon local authority area.
• The November 2018 sale price of £592,500 represented a fair market value for the property.
• The size, condition, and specification of OTTER EDGE has not materially changed since November 2018.

How Large is OTTER EDGE?

OTTER EDGE is 190m² according to the EPC inspection conducted in May 2010. This puts it in the largest 10% of detached houses houses in Honiton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Honiton, and where OTTER EDGE lies on this distribution: 98% of detached houses houses are smaller than OTTER EDGE, and 2% of houses are larger. Note that EPC data is not available for all properties in Honiton.

OTTER EDGE: Plot and Title Map

OTTER EDGE sits on a plot of roughly 0.550 of an acre, or 2,224m². The below map shows the location of OTTER EDGE, 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 OTTER EDGE). 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 OTTER EDGE?

OTTER EDGE is located on EXETER ROAD in HONITON, in the EX14 postcode district. The below map shows the position of OTTER EDGE on EXETER ROAD.