SHEARWATER, POPES LANE, COLYFORD, COLYTON, EX24 6QR - £675,000

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

SHEARWATER is a large extended detached house of 134m², built sometime between 1976 and 1982, which could now be worth an estimated £707,963. It was last sold for £675,000 in January 2024, which was around 31% above the average January 2024 detached price in the East Devon local authority area. The most recent EPC inspection was June 2023, where the current energy rating was D, and the potential energy rating was B.

SHEARWATER Sold Prices

Land registry data shows two sales for SHEARWATER 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 SHEARWATER 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
2024 23 JAN	£675,000	£514,786	31% above HPI
2002 5 AUG	£275,000	£225,767	22% above HPI

SHEARWATER 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 SHEARWATER sales from August 2002 and January 2024 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 2002 sale was for 22% above the HPI. So the extrapolation line tracks at 22% above the HPI over time, until the January 2024 sale, where it rises to 31% above the HPI. The line then continues to track at 31% above the HPI.

What might SHEARWATER be worth now?

SHEARWATER might now be worth an estimated £707,963.

This is based on house price inflation of 4.9%, between January 2024 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 4.9% inflationary increase is applied to the most recent sale price for SHEARWATER of £675,000 on 23rd January 2024. For the value to have increased from £675,000 to £707,963 over the eleven months to February 2025, the following assumptions must hold true:

• The value of SHEARWATER has moved in line with the HPI for detached houses in the East Devon local authority area.
• The January 2024 sale price of £675,000 represented a fair market value for the property.
• The size, condition, and specification of SHEARWATER has not materially changed since January 2024.

How Large is SHEARWATER?

SHEARWATER is 134m², which includes one extension, according to the EPC inspection conducted in June 2023. This puts it in the largest 40% 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 SHEARWATER lies on this distribution: 65% of detached houses houses are smaller than SHEARWATER, and 34% of houses are larger. Note that EPC data is not available for all properties in Colyford.

SHEARWATER: Plot and Title Map

SHEARWATER sits on a plot of roughly 0.231 of an acre, or 933m². The below map shows the location of SHEARWATER, 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 SHEARWATER). 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 SHEARWATER?

SHEARWATER is located on POPES LANE in COLYFORD, in the EX24 postcode district. The below map shows the position of SHEARWATER on POPES LANE.