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Ottery St Mary House Prices Ottery St Mary House Prices

The average house price in Ottery St Mary is £373,750 using HM Land Registry data.

The average property price increased by £54,713 (18.47%) over the last 5 years and increased by £10,935 (3.22%) over the last 12 months.

Over the last year, there were 72 residential property sales – a decrease of 21 transactions (-29.17%) relative to the previous year. The majority of house sales (17) were in the £330,000 - £380,000 range. Then came properties in the £280,000 - £330,000 range, where 14 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 65 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-15,500 (-3%).

In April 2024, there were 15 new estate agency instructions, 8 agreed home sales and 13 property price reductions.

Postcodes Covered: EX11

5-Year Average Property Prices in Ottery St Mary

18.47%

Property prices in Ottery St Mary increased by 18.47% in last 5 years.

The trend shows the general price tendency over the last 5 years, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Average Property Prices in Ottery St Mary Over the Last Year

3.22%

Property prices in Ottery St Mary increased by 3.22% in last 12 months.

The trend shows the general price tendency over the last 12 months, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Property Market Heat Gauge for Ottery St Mary - April 2024

Our Property Market Heat Gauge looks at how long properties in your postcode district have been on the open market before being changed to sold 'Subject to Contract' ('STC') or 'Under Offer' on Rightmove (the UK's leading property portal).

At 61 to 80 days, the broad evidence suggests a slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a market slowdown or a combination of both. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in some relisting the property at a later date). Others simply reduce the price to a level that will entice more buyer interest or approach a sell house fast or auction company like Property Solvers.

Please note that this is not an indicator of how quickly property sales are taking to complete (i.e. to go through the whole conveyancing process). This measurement also does not take into account the risk of home sales falling through.

No. of New Instructions Over the Last 12 Months in Ottery St Mary

Using local estate agency reported data, this chart illustrates the number of properties that have come on to the market.

No. of Agreed Home Sales Over the Last 12 Months in Ottery St Mary

Using local estate agency reported data, this chart illustrates the number of property sales agreed. Note that these figures are not fully reflective of properties completed (sold and registered as such at HM Land Registry).

No. of Properties with Price Reductions in Ottery St Mary

Using local estate agency reported data, this chart illustrates the number of properties which have been seen their prices dropped (typically due to a lack of buyer interest).

Average Annual House Prices in the Ottery St Mary since 1995

Using HM Land Registry data, this chart displays average annual house prices in the Ottery St Mary area since 1995.

Recent Property Sales in Ottery St Mary

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
25 Homefield Close, Ottery St Mary, Devon, EX11 1HS£275,000£270,000-£5,00019 Jul 202307 Feb 2024203 Days
Silverlea, Longdogs Lane, Ottery St Mary, Devon, EX11 1HY£475,000£475,000£0025 May 202319 Dec 2023208 Days
93 Thorne Farm Way, Ottery St Mary, Devon, EX11 1GU£465,000£450,000-£15,00001 Sep 202314 Nov 202374 Days
22 Raleigh Road, Ottery St Mary, Devon, EX11 1TG£375,000£365,000-£10,00022 Aug 202226 Oct 2023430 Days
5 Grandisson Drive, Ottery St Mary, Devon, EX11 1JD£350,000£335,000-£15,00008 Mar 202306 Oct 2023212 Days
47 North Street, Ottery St Mary, Devon, EX11 1DR£230,000£230,000£0007 Jul 202305 Oct 202390 Days
21 Homefield Close, Ottery St Mary, Devon, EX11 1HS£290,000£242,000-£48,00009 Nov 202204 Sep 2023299 Days
25 Silver Street, Ottery St Mary, Devon, EX11 1DB£495,000£462,000-£33,00006 Mar 202304 Sep 2023182 Days
30 Franklea Close, Ottery St Mary, Devon, EX11 1BQ£350,000£350,000£0027 Feb 202325 Aug 2023179 Days
4 Godfrey Close, Ottery St Mary, Devon, EX11 1GY£390,000£377,500-£12,50026 Nov 202225 Aug 2023272 Days
28 Patteson Drive, Ottery St Mary, Devon, EX11 1TB£350,000£330,000-£20,00028 Feb 202304 Aug 2023157 Days
58 Claremont Field, Ottery St Mary, Devon, EX11 1NP£500,000£495,000-£5,00007 Dec 202204 Aug 2023240 Days
18 Washbrook View, Ottery St Mary, Devon, EX11 1EP£315,000£305,000-£10,00004 Jan 202301 Aug 2023209 Days
14 Oak Close, Ottery St Mary, Devon, EX11 1BB£575,000£565,000-£10,00014 Sep 202231 Jul 2023320 Days
4 Patteson Drive, Ottery St Mary, Devon, EX11 1TB£329,950£317,000-£12,95006 Mar 202330 Jun 2023116 Days
99 Slade Close, Ottery St Mary, Devon, EX11 1SY£335,000£332,500-£2,50004 Jan 202306 Jun 2023153 Days
43 Mill Street, Ottery St Mary, Devon, EX11 1AB£200,000£195,000-£5,00012 May 202212 Apr 2023335 Days
43 Mill Street, Ottery St Mary, Devon, EX11 1AB£195,000£195,000£0016 Dec 202212 Apr 2023117 Days
54 Claremont Field, Ottery St Mary, Devon, EX11 1NP£500,000£470,000-£30,00015 Jun 202231 Mar 2023289 Days
10 Brookdale, Ottery St Mary, Devon, EX11 1EB£300,000£300,000£0021 Oct 202221 Mar 2023151 Days

Most Expensive Streets in Ottery St Mary

PostcodeStreetAreaAverageNo. of Sales
EX11 1GDBarrel CloseOttery St Mary£615,5559
EX11 1QZCadhay LaneOttery St Mary£575,8333
EX11 1HXLongdogs LaneOttery St Mary£558,0005
EX11 1HTOrchard CloseOttery St Mary£550,5005
EX11 1GLGerway CloseOttery St Mary£474,5797
EX11 1BBOak CloseOttery St Mary£455,7077
EX11 1GBHenry GardensOttery St Mary£436,0006
EX11 1JASt Marys ParkOttery St Mary£432,0006
EX11 1GHAlfred CourtOttery St Mary£426,3333
EX11 1NPClaremont FieldOttery St Mary£410,7147

Least Expensive Streets in Ottery St Mary

PostcodeStreetAreaAverageNo. of Sales
EX11 1BWBadgers MewsOttery St Mary£169,8793
EX11 1BETip HillOttery St Mary£171,1586
EX11 1EYBatts LaneOttery St Mary£184,3333
EX11 1APMossop CloseOttery St Mary£192,3333
EX11 1ABMill StreetOttery St Mary£193,40010
EX11 1HDYonder StreetOttery St Mary£194,0559
EX11 1HEYonder CloseOttery St Mary£194,1703
EX11 1EZBrook StreetOttery St Mary£198,5003
EX11 1HHYonder StreetOttery St Mary£201,7669
EX11 1EDBeauvale CloseOttery St. Mary, Devon£203,3333

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