RED CHIMNEYS, SHEPHERDS LANE, COLATON RALEIGH, SIDMOUTH, EX10 0LP - £1,195,000

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

RED CHIMNEYS is a very large extended detached house of 267m², built sometime between 1950 and 1966. It was last sold for £1,195,000 in September 2018, which was around 175% above the average September 2018 detached price in the East Devon local authority area. The most recent EPC inspection was October 2017, where the current energy rating was D, and the potential energy rating was C.

RED CHIMNEYS Sold Prices

Land registry data shows three sales for RED CHIMNEYS 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 RED CHIMNEYS 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 21 SEP	£1,195,000	£434,807	175% above HPI
2012 30 MAY	£825,000	£340,681	142% above HPI
1996 29 NOV	£229,000	£98,679	132% above HPI

RED CHIMNEYS 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 RED CHIMNEYS sales between November 1996 and September 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 142% above the HPI. So the extrapolation line tracks at 142% above the HPI over time, until the September 2018 sale, where it rises to 175% above the HPI. The line then continues to track at 175% above the HPI.

What might RED CHIMNEYS be worth now?

RED CHIMNEYS might now be worth an estimated £1,492,113.

This is based on house price inflation of 24.9%, between September 2018 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 24.9% inflationary increase is applied to the most recent sale price for RED CHIMNEYS of £1,195,000 on 21st September 2018. For the value to have increased from £1,195,000 to £1,492,113 over the five years and nine months to December 2024, the following assumptions must hold true:

• The value of RED CHIMNEYS has moved in line with the HPI for detached houses in the East Devon local authority area.
• The September 2018 sale price of £1,195,000 represented a fair market value for the property.
• The size, condition, and specification of RED CHIMNEYS has not materially changed since September 2018.

How Large is RED CHIMNEYS?

RED CHIMNEYS is 267m², which includes one extension, according to the EPC inspection conducted in October 2017. This puts it in the largest 10% of detached houses houses in Colaton Raleigh, based on EPC data. The below chart shows the distribution of detached houses houses by size in Colaton Raleigh, and where RED CHIMNEYS lies on this distribution: 95% of detached houses houses are smaller than RED CHIMNEYS, and 5% of houses are larger. Note that EPC data is not available for all properties in Colaton Raleigh.

RED CHIMNEYS: Plot and Title Map

RED CHIMNEYS sits on a plot of roughly 2.4 acres, or 9,712m². The below map shows the location of RED CHIMNEYS, 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 RED CHIMNEYS). 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 RED CHIMNEYS?

RED CHIMNEYS is located on SHEPHERDS LANE in COLATON RALEIGH, in the EX10 postcode district. The below map shows the position of RED CHIMNEYS on SHEPHERDS LANE.