OTTERS MEAD, BUDLEIGH HILL, EAST BUDLEIGH, BUDLEIGH SALTERTON, EX9 7DT - £390,000

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.

OTTERS MEAD is a large extended semi-detached house of 128m², built sometime between 1930 and 1949, which could now be worth an estimated £490,885. It was last sold for £390,000 in June 2020, which was around 45% above the average June 2020 semi-detached price in the East Devon local authority area. The most recent EPC inspection was July 2018, where the current energy rating was D, and the potential energy rating was A.

OTTERS MEAD Sold Prices

Land registry data shows two sales for OTTERS MEAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the East Devon local authority area for the corresponding sale date. Both of the two OTTERS MEAD 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
2020 15 JUN	£390,000	£268,998	45% above HPI
1996 11 JAN	£67,000	£54,938	22% above HPI

OTTERS MEAD Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the East Devon local authority area over time, sourced from the HPI. The two OTTERS MEAD sales from January 1996 and June 2020 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 January 1996 sale was for 22% above the HPI. So the extrapolation line tracks at 22% above the HPI over time, until the June 2020 sale, where it rises to 45% above the HPI. The line then continues to track at 45% above the HPI.

What might OTTERS MEAD be worth now?

OTTERS MEAD might now be worth an estimated £490,885.

This is based on house price inflation of 25.9%, between June 2020 and March 2025, for semi-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 25.9% inflationary increase is applied to the most recent sale price for OTTERS MEAD of £390,000 on 15th June 2020. For the value to have increased from £390,000 to £490,885 over the five years and three months to March 2025, the following assumptions must hold true:

• The value of OTTERS MEAD has moved in line with the HPI for semi-detached houses in the East Devon local authority area.
• The June 2020 sale price of £390,000 represented a fair market value for the property.
• The size, condition, and specification of OTTERS MEAD has not materially changed since June 2020.

How Large is OTTERS MEAD?

OTTERS MEAD is 128m², which includes two extensions, according to the EPC inspection conducted in July 2018. This puts it in the largest 40% of semi-detached houses houses in East Budleigh, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in East Budleigh, and where OTTERS MEAD lies on this distribution: 61% of semi-detached houses houses are smaller than OTTERS MEAD, and 39% of houses are larger. Note that EPC data is not available for all properties in East Budleigh.

OTTERS MEAD: Plot and Title Map

OTTERS MEAD sits on a plot of roughly 0.113 of an acre, or 459m². The below map shows the location of OTTERS MEAD, 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 OTTERS MEAD). 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 OTTERS MEAD?

OTTERS MEAD is located on BUDLEIGH HILL in EAST BUDLEIGH, in the EX9 postcode district. The below map shows the position of OTTERS MEAD on BUDLEIGH HILL.