11, FRANKLEA CLOSE, OTTERY ST MARY, EX11 1BQ - £215,000

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.

11 FRANKLEA CLOSE is a small extended semi-detached house of 90m², built sometime between 1967 and 1975, which could now be worth an estimated £257,666. It was last sold for £215,000 in February 2021, which was around 24% below the average February 2021 semi-detached price in the East Devon local authority area. The most recent EPC inspection was November 2015, where the current energy rating was D, and the potential energy rating was B.

11 FRANKLEA CLOSE Sold Prices

Land registry data shows two sales for 11 FRANKLEA CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the East Devon local authority area for the corresponding sale date. Both of the two 11 FRANKLEA 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 23 FEB	£215,000	£282,517	24% below HPI
1999 1 SEP	£65,000	£75,707	14% below HPI

11 FRANKLEA CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the East Devon local authority area over time, sourced from the HPI. The two 11 FRANKLEA CLOSE sales from September 1999 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 September 1999 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the February 2021 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

What might 11 FRANKLEA CLOSE be worth now?

11 FRANKLEA CLOSE might now be worth an estimated £257,666.

This is based on house price inflation of 19.8%, between February 2021 and March 2025, for semi-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 19.8% inflationary increase is applied to the most recent sale price for 11 FRANKLEA CLOSE of £215,000 on 23rd February 2021. For the value to have increased from £215,000 to £257,666 over the three years and eleven months to March 2025, the following assumptions must hold true:

• The value of 11 FRANKLEA CLOSE has moved in line with the HPI for semi-detached houses in the East Devon local authority area.
• The February 2021 sale price of £215,000 represented a fair market value for the property.
• The size, condition, and specification of 11 FRANKLEA CLOSE has not materially changed since February 2021.

How Large is 11 FRANKLEA CLOSE?

11 FRANKLEA CLOSE is 90m², which includes two extensions, according to the EPC inspection conducted in November 2015. This puts it in the smallest 30% of semi-detached houses houses in Ottery St Mary, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Ottery St Mary, and where 11 FRANKLEA CLOSE lies on this distribution: 25% of semi-detached houses houses are smaller than 11 FRANKLEA CLOSE, and 74% of houses are larger. Note that EPC data is not available for all properties in Ottery St Mary.

11 FRANKLEA CLOSE: Plot and Title Map

11 FRANKLEA CLOSE sits on a plot of roughly 0.046 of an acre, or 188m². The below map shows the location of 11 FRANKLEA 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 11 FRANKLEA 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 11 FRANKLEA CLOSE?

11 FRANKLEA CLOSE is located in OTTERY ST. MARY, in the EX11 postcode district. The below map shows the position of No. 11 on FRANKLEA CLOSE.