PEPPERS PIECE, BEHIND HAYES, OTTERTON, BUDLEIGH SALTERTON, EX9 7JQ - £917,000

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

PEPPERS PIECE is a midsized extended detached house of 149m², built sometime between 1976 and 1982. It was last sold for £917,000 in August 2022, which was around 76% above the average August 2022 detached price in the East Devon local authority area. The most recent EPC inspection was April 2022, where the current energy rating was D, and the potential energy rating was C.

PEPPERS PIECE Sold Prices

Land registry data shows two sales for PEPPERS PIECE 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 PEPPERS PIECE 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
2022 10 AUG	£917,000	£522,050	76% above HPI
2003 27 AUG	£346,800	£269,552	29% above HPI

PEPPERS PIECE 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 PEPPERS PIECE sales from August 2003 and August 2022 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 2003 sale was for 29% above the HPI. So the extrapolation line tracks at 29% above the HPI over time, until the August 2022 sale, where it rises to 76% above the HPI. The line then continues to track at 76% above the HPI.

What might PEPPERS PIECE be worth now?

PEPPERS PIECE might now be worth an estimated £953,647.

This is based on house price inflation of 4%, between August 2022 and December 2024, 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 4% inflationary increase is applied to the most recent sale price for PEPPERS PIECE of £917,000 on 10th August 2022. For the value to have increased from £917,000 to £953,647 over the one year and eight months to December 2024, the following assumptions must hold true:

• The value of PEPPERS PIECE has moved in line with the HPI for detached houses in the East Devon local authority area.
• The August 2022 sale price of £917,000 represented a fair market value for the property.
• The size, condition, and specification of PEPPERS PIECE has not materially changed since August 2022.

How Large is PEPPERS PIECE?

PEPPERS PIECE is 149m², which includes two extensions, according to the EPC inspection conducted in April 2022. This puts it in the largest 50% of detached houses houses in Otterton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Otterton, and where PEPPERS PIECE lies on this distribution: 58% of detached houses houses are smaller than PEPPERS PIECE, and 42% of houses are larger. Note that EPC data is not available for all properties in Otterton.

PEPPERS PIECE: Plot and Title Map

PEPPERS PIECE sits on a plot of roughly 0.321 of an acre, or 1,299m². The below map shows the location of PEPPERS PIECE, 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 PEPPERS PIECE). 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 PEPPERS PIECE?

PEPPERS PIECE is located on BEHIND HAYES in OTTERTON, in the EX9 postcode district. The below map shows the position of PEPPERS PIECE on BEHIND HAYES.