WESTERING, ELM FARM LANE, COLYFORD, COLYTON, EX24 6QS - £612,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

WESTERING is a midsized extended detached house of 123m², built sometime between 1976 and 1982. It was last sold for £612,000 in February 2024, which was around 18% above the average February 2024 detached price in the East Devon local authority area. The most recent EPC inspection was May 2023, where the current energy rating was D, and the potential energy rating was B.

WESTERING Sold Prices

Land registry data shows four sales for WESTERING since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the East Devon local authority area for the corresponding sale date. two of the four WESTERING sales were for above the average price, and four 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
2024 29 FEB	£612,000	£516,817	18% above HPI
2021 15 APR	£500,000	£444,631	12% above HPI
2019 23 MAY	£382,000	£418,107	9% below HPI
1997 28 MAY	£95,000	£99,379	4% below HPI

WESTERING 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 four WESTERING sales between May 1997 and February 2024 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 April 2021 sale was for 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the February 2024 sale, where it rises to 18% above the HPI. The line then continues to track at 18% above the HPI.

How Large is WESTERING?

WESTERING is 123m², which includes one extension, according to the EPC inspection conducted in May 2023. This puts it in the largest 50% of detached houses in Colyford, based on EPC data. The below chart shows the distribution of detached houses by size in Colyford, and where WESTERING lies on this distribution: 50% of detached houses are smaller than WESTERING, and 49% of houses are larger. Note that EPC data is not available for all properties in Colyford.

WESTERING: Plot and Title Map

WESTERING sits on a plot of roughly 0.228 of an acre, or 921m². The below map shows the location of WESTERING, 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 WESTERING). 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 WESTERING?

WESTERING is located on ELM FARM LANE in COLYFORD, in the EX24 postcode district. The below map shows the position of WESTERING on ELM FARM LANE.