SOUTHERNHAY, VICARAGE ROAD, EAST BUDLEIGH, BUDLEIGH SALTERTON, EX9 7EF - £626,000

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.

SOUTHERNHAY is a very large extended detached house of 232m², built sometime between 1950 and 1966, which could now be worth an estimated £904,005. It was last sold for £626,000 in July 2015, which was around 67% above the average July 2015 detached price in the East Devon local authority area. The most recent EPC inspection was September 2014, where the current energy rating was C, and the potential energy rating was C.

SOUTHERNHAY Sold Prices

Land registry data shows two sales for SOUTHERNHAY 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. One of the two SOUTHERNHAY 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
2015 24 JUL	£626,000	£373,884	67% above HPI
2011 4 NOV	£315,000	£347,797	9% below HPI

SOUTHERNHAY 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 SOUTHERNHAY sales from November 2011 and July 2015 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 November 2011 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the July 2015 sale, where it rises to 67% above the HPI. The line then continues to track at 67% above the HPI.

What might SOUTHERNHAY be worth now?

SOUTHERNHAY might now be worth an estimated £904,005.

This is based on house price inflation of 44.4%, between July 2015 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 44.4% inflationary increase is applied to the most recent sale price for SOUTHERNHAY of £626,000 on 24th July 2015. For the value to have increased from £626,000 to £904,005 over the ten years and five months to February 2025, the following assumptions must hold true:

• The value of SOUTHERNHAY has moved in line with the HPI for detached houses in the East Devon local authority area.
• The July 2015 sale price of £626,000 represented a fair market value for the property.
• The size, condition, and specification of SOUTHERNHAY has not materially changed since July 2015.

How Large is SOUTHERNHAY?

SOUTHERNHAY is 232m², which includes one extension, according to the EPC inspection conducted in September 2014. This puts it in the largest 20% of detached houses houses in East Budleigh, based on EPC data. The below chart shows the distribution of detached houses houses by size in East Budleigh, and where SOUTHERNHAY lies on this distribution: 86% of detached houses houses are smaller than SOUTHERNHAY, and 14% of houses are larger. Note that EPC data is not available for all properties in East Budleigh.

SOUTHERNHAY: Plot and Title Map

SOUTHERNHAY sits on a plot of roughly 0.261 of an acre, or 1,057m². The below map shows the location of SOUTHERNHAY, 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 SOUTHERNHAY). 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 SOUTHERNHAY?

SOUTHERNHAY is located on VICARAGE ROAD in EAST BUDLEIGH, in the EX9 postcode district. The below map shows the position of SOUTHERNHAY on VICARAGE ROAD.