TERRA NOVA, HIGHER BROOK MEADOW, SIDFORD, SIDMOUTH, EX10 9SS - £521,000

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.

TERRA NOVA is a small detached house of 98m², built sometime between 1967 and 1975, which could now be worth an estimated £609,522. It was last sold for £521,000 in August 2021, which was around 13% above the average August 2021 detached price in the East Devon local authority area. The most recent EPC inspection was July 2021, where the current energy rating was D, and the potential energy rating was B.

TERRA NOVA Sold Prices

Land registry data shows two sales for TERRA NOVA 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 TERRA NOVA 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
2021 19 AUG	£521,000	£461,511	13% above HPI
2014 12 DEC	£330,000	£373,827	12% below HPI

TERRA NOVA 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 TERRA NOVA sales from December 2014 and August 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 December 2014 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the August 2021 sale, where it rises to 13% above the HPI. The line then continues to track at 13% above the HPI.

What might TERRA NOVA be worth now?

TERRA NOVA might now be worth an estimated £609,522.

This is based on house price inflation of 17%, between August 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 17% inflationary increase is applied to the most recent sale price for TERRA NOVA of £521,000 on 19th August 2021. For the value to have increased from £521,000 to £609,522 over the four years and six months to February 2025, the following assumptions must hold true:

• The value of TERRA NOVA has moved in line with the HPI for detached houses in the East Devon local authority area.
• The August 2021 sale price of £521,000 represented a fair market value for the property.
• The size, condition, and specification of TERRA NOVA has not materially changed since August 2021.

How Large is TERRA NOVA?

TERRA NOVA is 98m² according to the EPC inspection conducted in July 2021. This puts it in the smallest 30% of detached houses houses in Sidmouth, based on EPC data. The below chart shows the distribution of detached houses houses by size in Sidmouth, and where TERRA NOVA lies on this distribution: 25% of detached houses houses are smaller than TERRA NOVA, and 74% of houses are larger. Note that EPC data is not available for all properties in Sidmouth.

TERRA NOVA: Plot and Title Map

TERRA NOVA sits on a plot of roughly 0.217 of an acre, or 877m². The below map shows the location of TERRA NOVA, 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 TERRA NOVA). 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 TERRA NOVA?

TERRA NOVA is located on HIGHER BROOK MEADOW in SIDFORD, in the EX10 postcode district. The below map shows the position of TERRA NOVA on HIGHER BROOK MEADOW.