THE GOAT SHED, LEA LANE, OTTERTON, BUDLEIGH SALTERTON, EX9 7LA - £1,200,000

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 GOAT SHED is a very large detached house of 286m². It was last sold for £1,200,000 in January 2021, which was around 163% above the average January 2021 detached price in the East Devon local authority area. The most recent EPC inspection was May 2019, where the current energy rating was B, and the potential energy rating was B.

THE GOAT SHED Sold Prices

Land registry data shows two sales for THE GOAT SHED 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 THE GOAT SHED 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 22 JAN	£1,200,000	£455,546	163% above HPI
2016 14 NOV	£273,000	£391,414	30% below HPI

THE GOAT SHED 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 THE GOAT SHED sales from November 2016 and January 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 November 2016 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the January 2021 sale, where it rises to 163% above the HPI. The line then continues to track at 163% above the HPI.

What might THE GOAT SHED be worth now?

THE GOAT SHED might now be worth an estimated £1,430,142.

This is based on house price inflation of 19.2%, between January 2021 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 19.2% inflationary increase is applied to the most recent sale price for THE GOAT SHED of £1,200,000 on 22nd January 2021. For the value to have increased from £1,200,000 to £1,430,142 over the two years and one month to December 2024, the following assumptions must hold true:

• The value of THE GOAT SHED has moved in line with the HPI for detached houses in the East Devon local authority area.
• The January 2021 sale price of £1,200,000 represented a fair market value for the property.
• The size, condition, and specification of THE GOAT SHED has not materially changed since January 2021.

How Large is THE GOAT SHED?

THE GOAT SHED is 286m² according to the EPC inspection conducted in May 2019. This puts it in the largest 10% of detached houses houses in Otterton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Otterton, and where THE GOAT SHED lies on this distribution: 95% of detached houses houses are smaller than THE GOAT SHED, and 5% of houses are larger. Note that EPC data is not available for all properties in Otterton.

THE GOAT SHED: Plot and Title Map

THE GOAT SHED sits on a plot of roughly 0.536 of an acre, or 2,168m². The below map shows the location of THE GOAT SHED, 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 GOAT SHED). 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 GOAT SHED?

THE GOAT SHED is located on LEA LANE in OTTERTON, in the EX9 postcode district. The below map shows the position of THE GOAT SHED on LEA LANE.