SPINDLEWOOD, SLADE ROAD, OTTERY ST MARY, EX11 1JE - £605,000

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.

SPINDLEWOOD is a very large extended detached house of 153m², built sometime between 1967 and 1975, which could now be worth an estimated £671,004. It was last sold for £605,000 in December 2021, which was around 24% above the average December 2021 detached price in the East Devon local authority area. The most recent EPC inspection was June 2021, where the current energy rating was D, and the potential energy rating was B.

SPINDLEWOOD Sold Prices

Land registry data shows two sales for SPINDLEWOOD 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 SPINDLEWOOD 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
2021 3 DEC	£605,000	£486,815	24% above HPI
2000 10 MAR	£195,000	£143,779	36% above HPI

SPINDLEWOOD 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 SPINDLEWOOD sales from March 2000 and December 2021 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 March 2000 sale was for 36% above the HPI. So the extrapolation line tracks at 36% above the HPI over time, until the December 2021 sale, where it falls to 24% above the HPI. The line then continues to track at 24% above the HPI.

What might SPINDLEWOOD be worth now?

SPINDLEWOOD might now be worth an estimated £671,004.

This is based on house price inflation of 10.9%, between December 2021 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 10.9% inflationary increase is applied to the most recent sale price for SPINDLEWOOD of £605,000 on 3rd December 2021. For the value to have increased from £605,000 to £671,004 over the four years and ten months to February 2025, the following assumptions must hold true:

• The value of SPINDLEWOOD has moved in line with the HPI for detached houses in the East Devon local authority area.
• The December 2021 sale price of £605,000 represented a fair market value for the property.
• The size, condition, and specification of SPINDLEWOOD has not materially changed since December 2021.

How Large is SPINDLEWOOD?

SPINDLEWOOD is 153m², which includes two extensions, according to the EPC inspection conducted in June 2021. This puts it in the largest 20% of detached houses houses in Ottery St Mary, based on EPC data. The below chart shows the distribution of detached houses houses by size in Ottery St Mary, and where SPINDLEWOOD lies on this distribution: 86% of detached houses houses are smaller than SPINDLEWOOD, and 14% of houses are larger. Note that EPC data is not available for all properties in Ottery St Mary.

SPINDLEWOOD: Plot and Title Map

SPINDLEWOOD sits on a plot of roughly 0.280 of an acre, or 1,132m². The below map shows the location of SPINDLEWOOD, 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 SPINDLEWOOD). 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 SPINDLEWOOD?

SPINDLEWOOD is located on SLADE ROAD in OTTERY ST. MARY, in the EX11 postcode district. The below map shows the position of SPINDLEWOOD on SLADE ROAD.