SOUTHERNHAY, LOWER BROAD OAK ROAD, WEST HILL, OTTERY ST MARY, EX11 1XH - £715,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

SOUTHERNHAY is a very small detached house of 123m², built sometime between 1950 and 1966. It was last sold for £715,000 in February 2023, which was around 39% above the average February 2023 detached price in the East Devon local authority area. The most recent EPC inspection was July 2022, where the current energy rating was D, and the potential energy rating was C.

SOUTHERNHAY Sold Prices

Land registry data shows three sales for SOUTHERNHAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the East Devon local authority area for the corresponding sale date. All of the three SOUTHERNHAY 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
2023 1 FEB	£715,000	£513,389	39% above HPI
2006 16 OCT	£440,000	£309,731	42% above HPI
1995 31 AUG	£126,000	£94,422	33% above HPI

SOUTHERNHAY 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 three SOUTHERNHAY sales between August 1995 and February 2023 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 October 2006 sale was for 42% above the HPI. So the extrapolation line tracks at 42% above the HPI over time, until the February 2023 sale, where it falls to 39% above the HPI. The line then continues to track at 39% above the HPI.

How Large is SOUTHERNHAY?

SOUTHERNHAY is 123m² according to the EPC inspection conducted in July 2022. This puts it in the smallest 20% of detached houses in West Hill, based on EPC data. The below chart shows the distribution of detached houses by size in West Hill, and where SOUTHERNHAY lies on this distribution: 18% of detached houses are smaller than SOUTHERNHAY, and 82% of houses are larger. Note that EPC data is not available for all properties in West Hill.

SOUTHERNHAY: Plot and Title Map

SOUTHERNHAY sits on a plot of roughly 0.414 of an acre, or 1,674m². The below map shows the location of SOUTHERNHAY, 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 SOUTHERNHAY). 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 SOUTHERNHAY?

SOUTHERNHAY is located on LOWER BROAD OAK ROAD in WEST HILL, in the EX11 postcode district. The below map shows the position of SOUTHERNHAY on LOWER BROAD OAK ROAD.