TWO HEDGES, LOWER BUDLEIGH, EAST BUDLEIGH, BUDLEIGH SALTERTON, EX9 7DL - £405,000

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

TWO HEDGES is a large detached house of 135m², built sometime between 1950 and 1966. It was last sold for £405,000 in February 2014, which was around 16% above the average February 2014 detached price in the East Devon local authority area. The most recent EPC inspection was July 2013, where the current energy rating was D, and the potential energy rating was C.

TWO HEDGES Sold Prices

Land registry data shows two sales for TWO HEDGES 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 TWO HEDGES 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
2014 21 FEB	£405,000	£348,882	16% above HPI
1999 26 MAY	£137,500	£122,396	12% above HPI

TWO HEDGES 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 TWO HEDGES sales from May 1999 and February 2014 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 May 1999 sale was for 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the February 2014 sale, where it rises to 16% above the HPI. The line then continues to track at 16% above the HPI.

What might TWO HEDGES be worth now?

TWO HEDGES might now be worth an estimated £630,241.

This is based on house price inflation of 55.6%, between February 2014 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 55.6% inflationary increase is applied to the most recent sale price for TWO HEDGES of £405,000 on 21st February 2014. For the value to have increased from £405,000 to £630,241 over the nine years and two months to December 2024, the following assumptions must hold true:

• The value of TWO HEDGES has moved in line with the HPI for detached houses in the East Devon local authority area.
• The February 2014 sale price of £405,000 represented a fair market value for the property.
• The size, condition, and specification of TWO HEDGES has not materially changed since February 2014.

How Large is TWO HEDGES?

TWO HEDGES is 135m² according to the EPC inspection conducted in July 2013. This puts it in the largest 40% 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 TWO HEDGES lies on this distribution: 66% of detached houses houses are smaller than TWO HEDGES, and 34% of houses are larger. Note that EPC data is not available for all properties in East Budleigh.

TWO HEDGES: Plot and Title Map

TWO HEDGES sits on a plot of roughly 0.148 of an acre, or 598m². The below map shows the location of TWO HEDGES, 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 TWO HEDGES). 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 TWO HEDGES?

TWO HEDGES is located on LOWER BUDLEIGH in EAST BUDLEIGH, in the EX9 postcode district. The below map shows the position of TWO HEDGES on LOWER BUDLEIGH.