WATERING FARM, FORE STREET, OTTERTON, BUDLEIGH SALTERTON, EX9 7HB - £710,000

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

WATERING FARM is a large extended detached house of 177m², built sometime before 1900. It was last sold for £710,000 in November 2022, which was around 33% above the average November 2022 detached price in the East Devon local authority area. The most recent EPC inspection was May 2022, where the current energy rating was F, and the potential energy rating was D.

WATERING FARM Sold Prices

Land registry data shows two sales for WATERING FARM 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 WATERING FARM 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
2022 11 NOV	£710,000	£532,395	33% above HPI
1999 18 AUG	£235,000	£127,620	84% above HPI

WATERING FARM 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 WATERING FARM sales from August 1999 and November 2022 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 1999 sale was for 84% above the HPI. So the extrapolation line tracks at 84% above the HPI over time, until the November 2022 sale, where it falls to 33% above the HPI. The line then continues to track at 33% above the HPI.

What might WATERING FARM be worth now?

WATERING FARM might now be worth an estimated £724,027.

This is based on house price inflation of 2%, between November 2022 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 2% inflationary increase is applied to the most recent sale price for WATERING FARM of £710,000 on 11th November 2022. For the value to have increased from £710,000 to £724,027 over the one year and eleven months to December 2024, the following assumptions must hold true:

• The value of WATERING FARM has moved in line with the HPI for detached houses in the East Devon local authority area.
• The November 2022 sale price of £710,000 represented a fair market value for the property.
• The size, condition, and specification of WATERING FARM has not materially changed since November 2022.

How Large is WATERING FARM?

WATERING FARM is 177m², which includes one extension, according to the EPC inspection conducted in May 2022. This puts it in the largest 30% 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 WATERING FARM lies on this distribution: 74% of detached houses houses are smaller than WATERING FARM, and 26% of houses are larger. Note that EPC data is not available for all properties in Otterton.

WATERING FARM: Plot and Title Map

WATERING FARM sits on a plot of roughly 0.058 of an acre, or 235m². The below map shows the location of WATERING FARM, 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 WATERING FARM). 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 WATERING FARM?

WATERING FARM is located on FORE STREET in OTTERTON, in the EX9 postcode district. The below map shows the position of WATERING FARM on FORE STREET.