REED COTTAGE, BARLEY LANE, EXETER, EX4 1TA - £675,000

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.

REED COTTAGE is a very large extended detached house of 271m², built sometime between 1950 and 1966, which could now be worth an estimated £649,849. It was last sold for £675,000 in October 2022, which was around 20% above the average October 2022 detached price in the Exeter local authority area. The most recent EPC inspection was December 2016, where the current energy rating was D, and the potential energy rating was B.

REED COTTAGE Sold Prices

Land registry data shows two sales for REED COTTAGE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Exeter local authority area for the corresponding sale date. One of the two REED COTTAGE sales was for above the average price, whilst the other was for below 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 27 OCT	£675,000	£561,935	20% above HPI
2003 25 SEP	£200,000	£263,286	24% below HPI

REED COTTAGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Exeter local authority area over time, sourced from the HPI. The two REED COTTAGE sales from September 2003 and October 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 September 2003 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the October 2022 sale, where it rises to 20% above the HPI. The line then continues to track at 20% above the HPI.

What might REED COTTAGE be worth now?

REED COTTAGE might now be worth an estimated £649,849.

This is based on house price deflation of 3.7%, between October 2022 and February 2025, for detached houses, in the Exeter local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 3.7% deflationary decrease is applied to the most recent sale price for REED COTTAGE of £675,000 on 27th October 2022. For the value to have decreased from £675,000 to £649,849 over the three years and eight months to February 2025, the following assumptions must hold true:

• The value of REED COTTAGE has moved in line with the HPI for detached houses in the Exeter local authority area.
• The October 2022 sale price of £675,000 represented a fair market value for the property.
• The size, condition, and specification of REED COTTAGE has not materially changed since October 2022.

How Large is REED COTTAGE?

REED COTTAGE is 271m², which includes one extension, according to the EPC inspection conducted in December 2016. This puts it in the largest 10% of detached houses houses in Exeter, based on EPC data. The below chart shows the distribution of detached houses houses by size in Exeter, and where REED COTTAGE lies on this distribution: 98% of detached houses houses are smaller than REED COTTAGE, and 2% of houses are larger. Note that EPC data is not available for all properties in Exeter.

REED COTTAGE: Plot and Title Map

REED COTTAGE sits on a plot of roughly 0.665 of an acre, or 2,692m². The below map shows the location of REED COTTAGE, 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 REED COTTAGE). 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 REED COTTAGE?

REED COTTAGE is located on BARLEY LANE in EXETER, in the EX4 postcode district. The below map shows the position of REED COTTAGE on BARLEY LANE.