THE BOWER, MIDDLE STREET, EAST BUDLEIGH, BUDLEIGH SALTERTON, EX9 7DQ - £475,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

THE BOWER is a midsized detached house of 113m², built sometime between 1996 and 2002. It was last sold for £475,000 in November 2023, which was around 10% below the average November 2023 detached price in the East Devon local authority area. The most recent EPC inspection was March 2022, where the current energy rating was D, and the potential energy rating was B.

THE BOWER Sold Prices

Land registry data shows three sales for THE BOWER since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the East Devon local authority area for the corresponding sale date. All of the three THE BOWER sales were 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
2023 30 NOV	£475,000	£527,109	10% below HPI
2016 5 AUG	£315,000	£379,651	17% below HPI
2000 7 JAN	£120,000	£136,216	12% below HPI

THE BOWER 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 three THE BOWER sales between January 2000 and November 2023 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 2016 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the November 2023 sale, where it rises to 10% below the HPI. The line then continues to track at 10% below the HPI.

How Large is THE BOWER?

THE BOWER is 113m² according to the EPC inspection conducted in March 2022. This puts it in the largest 50% of detached houses in East Budleigh, based on EPC data. The below chart shows the distribution of detached houses by size in East Budleigh, and where THE BOWER lies on this distribution: 52% of detached houses are smaller than THE BOWER, and 47% of houses are larger. Note that EPC data is not available for all properties in East Budleigh.

THE BOWER: Plot and Title Map

THE BOWER sits on a plot of roughly 0.062 of an acre, or 250m². The below map shows the location of THE BOWER, 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 THE BOWER). 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 THE BOWER?

THE BOWER is located on MIDDLE STREET in EAST BUDLEIGH, in the EX9 postcode district. The below map shows the position of THE BOWER on MIDDLE STREET.