PENDREET, ORCHARD CLOSE, COLYFORD, COLYTON, EX24 6QH - £455,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

PENDREET is a very small detached house of 100m², built sometime between 1967 and 1975, which could now be worth an estimated £455,366. It was last sold for £455,000 in October 2023, which was around 16% below the average October 2023 detached price in the East Devon local authority area. The most recent EPC inspection was August 2022, where the current energy rating was D, and the potential energy rating was C.

PENDREET Sold Prices

Land registry data shows two sales for PENDREET 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. One of the two PENDREET sales was for below the average price, whilst the other was roughly equal to 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
2023 10 OCT	£455,000	£539,491	16% below HPI
2000 28 FEB	£139,950	£139,754	Close to HPI

PENDREET 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 PENDREET sales from February 2000 and October 2023 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 February 2000 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the October 2023 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.

What might PENDREET be worth now?

PENDREET might now be worth an estimated £455,366.

This is based on house price inflation of 0.1%, between October 2023 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 0.1% inflationary increase is applied to the most recent sale price for PENDREET of £455,000 on 10th October 2023. For the value to have increased from £455,000 to £455,366 over the two years and eight months to February 2025, the following assumptions must hold true:

• The value of PENDREET has moved in line with the HPI for detached houses in the East Devon local authority area.
• The October 2023 sale price of £455,000 represented a fair market value for the property.
• The size, condition, and specification of PENDREET has not materially changed since October 2023.

How Large is PENDREET?

PENDREET is 100m² according to the EPC inspection conducted in August 2022. This puts it in the smallest 20% of detached houses houses in Colyford, based on EPC data. The below chart shows the distribution of detached houses houses by size in Colyford, and where PENDREET lies on this distribution: 17% of detached houses houses are smaller than PENDREET, and 81% of houses are larger. Note that EPC data is not available for all properties in Colyford.

PENDREET: Plot and Title Map

PENDREET sits on a plot of roughly 0.242 of an acre, or 980m². The below map shows the location of PENDREET, 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 PENDREET). 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 PENDREET?

PENDREET is located on ORCHARD CLOSE in COLYFORD, in the EX24 postcode district. The below map shows the position of PENDREET on ORCHARD CLOSE.