1, DUKES CLOSE, OTTERTON, BUDLEIGH SALTERTON, EX9 7EY - £337,500

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.

1 DUKES CLOSE is a very small detached house of 82m², built sometime between 1996 and 2002, which could now be worth an estimated £387,374. It was last sold for £337,500 in February 2021, which was around 26% below the average February 2021 detached price in the East Devon local authority area. The most recent EPC inspection was March 2017, where the current energy rating was E, and the potential energy rating was D.

1 DUKES CLOSE Sold Prices

Land registry data shows seven sales for 1 DUKES CLOSE since 1^st January 1995. The below table shows the price paid for the seven sales, along with the average detached price in the East Devon local authority area for the corresponding sale date. All of the seven 1 DUKES CLOSE 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
2021 3 FEB	£337,500	£456,517	26% below HPI
2019 2 APR	£300,000	£434,221	31% below HPI
2018 31 AUG	£340,000	£430,641	21% below HPI
2014 17 JUL	£325,000	£357,728	9% below HPI
2009 12 JUN	£275,000	£311,592	12% below HPI
2003 30 SEP	£215,000	£274,407	22% below HPI
1997 30 JUL	£82,300	£108,035	24% below HPI

1 DUKES CLOSE 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 seven 1 DUKES CLOSE sales between July 1997 and February 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 April 2019 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the February 2021 sale, where it rises to 26% below the HPI. The line then continues to track at 26% below the HPI.

What might 1 DUKES CLOSE be worth now?

1 DUKES CLOSE might now be worth an estimated £387,374.

This is based on house price inflation of 14.8%, between February 2021 and June 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 14.8% inflationary increase is applied to the most recent sale price for 1 DUKES CLOSE of £337,500 on 3rd February 2021. For the value to have increased from £337,500 to £387,374 over the three years and eight months to June 2025, the following assumptions must hold true:

• The value of 1 DUKES CLOSE has moved in line with the HPI for detached houses in the East Devon local authority area.
• The February 2021 sale price of £337,500 represented a fair market value for the property.
• The size, condition, and specification of 1 DUKES CLOSE has not materially changed since February 2021.

How Large is 1 DUKES CLOSE?

1 DUKES CLOSE is 82m² according to the EPC inspection conducted in March 2017. This puts it in the smallest 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 1 DUKES CLOSE lies on this distribution: 5% of detached houses houses are smaller than 1 DUKES CLOSE, and 95% of houses are larger. Note that EPC data is not available for all properties in Otterton.

1 DUKES CLOSE: Plot and Title Map

1 DUKES CLOSE sits on a plot of roughly 0.100 of an acre, or 404m². The below map shows the location of 1 DUKES CLOSE, 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 1 DUKES CLOSE). 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 1 DUKES CLOSE?

1 DUKES CLOSE is located in OTTERTON, in the EX9 postcode district. The below map shows the position of No. 1 on DUKES CLOSE.