WHEEL COTTAGE, EXMOUTH ROAD, COLATON RALEIGH, SIDMOUTH, EX10 0LE - £325,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

WHEEL COTTAGE is a small extended detached house of 91m², built sometime before 1900, which could now be worth an estimated £379,133. It was last sold for £325,000 in October 2020, which was around 30% below the average October 2020 detached price in the East Devon local authority area. The most recent EPC inspection was March 2020, where the current energy rating was E, and the potential energy rating was B.

WHEEL COTTAGE Sold Prices

Land registry data shows two sales for WHEEL COTTAGE 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 WHEEL COTTAGE sales 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
2020 5 OCT	£325,000	£462,834	30% below HPI
2000 23 JUN	£127,000	£149,277	15% below HPI

WHEEL COTTAGE 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 WHEEL COTTAGE sales from June 2000 and October 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 June 2000 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the October 2020 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

What might WHEEL COTTAGE be worth now?

WHEEL COTTAGE might now be worth an estimated £379,133.

This is based on house price inflation of 16.7%, between October 2020 and February 2025, 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 16.7% inflationary increase is applied to the most recent sale price for WHEEL COTTAGE of £325,000 on 5th October 2020. For the value to have increased from £325,000 to £379,133 over the five years and eight months to February 2025, the following assumptions must hold true:

• The value of WHEEL COTTAGE has moved in line with the HPI for detached houses in the East Devon local authority area.
• The October 2020 sale price of £325,000 represented a fair market value for the property.
• The size, condition, and specification of WHEEL COTTAGE has not materially changed since October 2020.

How Large is WHEEL COTTAGE?

WHEEL COTTAGE is 91m², which includes one extension, according to the EPC inspection conducted in March 2020. This puts it in the smallest 30% of detached houses houses in Colaton Raleigh, based on EPC data. The below chart shows the distribution of detached houses houses by size in Colaton Raleigh, and where WHEEL COTTAGE lies on this distribution: 24% of detached houses houses are smaller than WHEEL COTTAGE, and 76% of houses are larger. Note that EPC data is not available for all properties in Colaton Raleigh.

WHEEL COTTAGE: Plot and Title Map

WHEEL COTTAGE sits on a plot of roughly 0.081 of an acre, or 329m². The below map shows the location of WHEEL COTTAGE, 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 WHEEL COTTAGE). 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 WHEEL COTTAGE?

WHEEL COTTAGE is located on EXMOUTH ROAD in COLATON RALEIGH, in the EX10 postcode district. The below map shows the position of WHEEL COTTAGE on EXMOUTH ROAD.