THE GABLES, PRIORY CLOSE, EAST BUDLEIGH, BUDLEIGH SALTERTON, EX9 7EZ - £825,000

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

THE GABLES is a very large detached house of 256m², built sometime between 1991 and 1995. It was last sold for £825,000 in August 2020, which was around 86% above the average August 2020 detached price in the East Devon local authority area. The most recent EPC inspection was June 2020, where the current energy rating was C, and the potential energy rating was B.

THE GABLES Sold Prices

Land registry data shows three sales for THE GABLES 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. Two of the three THE GABLES sales were for above the average price, whilst one 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
2020 27 AUG	£825,000	£443,111	86% above HPI
2011 4 MAR	£685,000	£337,226	103% above HPI
1995 1 SEP	£59,950	£96,485	38% below HPI

THE GABLES 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 GABLES sales between September 1995 and August 2020 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 2011 sale was for 103% above the HPI. So the extrapolation line tracks at 103% above the HPI over time, until the August 2020 sale, where it falls to 86% above the HPI. The line then continues to track at 86% above the HPI.

What might THE GABLES be worth now?

THE GABLES might now be worth an estimated £1,010,815.

This is based on house price inflation of 22.5%, between August 2020 and December 2024, 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 22.5% inflationary increase is applied to the most recent sale price for THE GABLES of £825,000 on 27th August 2020. For the value to have increased from £825,000 to £1,010,815 over the three years and eight months to December 2024, the following assumptions must hold true:

• The value of THE GABLES has moved in line with the HPI for detached houses in the East Devon local authority area.
• The August 2020 sale price of £825,000 represented a fair market value for the property.
• The size, condition, and specification of THE GABLES has not materially changed since August 2020.

How Large is THE GABLES?

THE GABLES is 256m² according to the EPC inspection conducted in June 2020. This puts it in the largest 10% 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 THE GABLES lies on this distribution: 90% of detached houses houses are smaller than THE GABLES, and 10% of houses are larger. Note that EPC data is not available for all properties in East Budleigh.

THE GABLES: Plot and Title Map

THE GABLES sits on a plot of roughly 0.467 of an acre, or 1,888m². The below map shows the location of THE GABLES, 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 GABLES). 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 GABLES?

THE GABLES is located on PRIORY CLOSE in EAST BUDLEIGH, in the EX9 postcode district. The below map shows the position of THE GABLES on PRIORY CLOSE.