REDWOOD, BENDARROCH ROAD, WEST HILL, OTTERY ST MARY, EX11 1JY - £495,000

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.

REDWOOD is a midsized detached house of 172m², built sometime between 1996 and 2002, which could now be worth an estimated £767,448. It was last sold for £495,000 in November 2013, which was around 42% above the average November 2013 detached price in the East Devon local authority area. The most recent EPC inspection was June 2013, where the current energy rating was D, and the potential energy rating was B.

REDWOOD Sold Prices

Land registry data shows three sales for REDWOOD 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 REDWOOD 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
2013 15 NOV	£495,000	£348,249	42% above HPI
2001 22 MAY	£312,500	£165,979	88% above HPI
1996 4 NOV	£143,500	£98,679	45% above HPI

REDWOOD 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 REDWOOD sales between November 1996 and November 2013 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 2001 sale was for 88% above the HPI. So the extrapolation line tracks at 88% above the HPI over time, until the November 2013 sale, where it falls to 42% above the HPI. The line then continues to track at 42% above the HPI.

What might REDWOOD be worth now?

REDWOOD might now be worth an estimated £767,448.

This is based on house price inflation of 55%, between November 2013 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 55% inflationary increase is applied to the most recent sale price for REDWOOD of £495,000 on 15th November 2013. For the value to have increased from £495,000 to £767,448 over the twelve years and nine months to February 2025, the following assumptions must hold true:

• The value of REDWOOD has moved in line with the HPI for detached houses in the East Devon local authority area.
• The November 2013 sale price of £495,000 represented a fair market value for the property.
• The size, condition, and specification of REDWOOD has not materially changed since November 2013.

How Large is REDWOOD?

REDWOOD is 172m² according to the EPC inspection conducted in June 2013. This puts it in the largest 50% of detached houses houses in West Hill, based on EPC data. The below chart shows the distribution of detached houses houses by size in West Hill, and where REDWOOD lies on this distribution: 50% of detached houses houses are smaller than REDWOOD, and 50% of houses are larger. Note that EPC data is not available for all properties in West Hill.

REDWOOD: Plot and Title Map

REDWOOD sits on a plot of roughly 0.520 of an acre, or 2,103m². The below map shows the location of REDWOOD, 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 REDWOOD). 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 REDWOOD?

REDWOOD is located on BENDARROCH ROAD in WEST HILL, in the EX11 postcode district. The below map shows the position of REDWOOD on BENDARROCH ROAD.