1, CHESTNUT CLOSE, SEATON, EX12 2QR - £229,950

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

1 CHESTNUT CLOSE is a very small detached house of 64m², built sometime between 1967 and 1975, which could now be worth an estimated £305,236. It was last sold for £229,950 in July 2017, which was around 44% below the average July 2017 detached price in the East Devon local authority area. The most recent EPC inspection was September 2020, where the current energy rating was D, and the potential energy rating was B.

1 CHESTNUT CLOSE Sold Prices

Land registry data shows four sales for 1 CHESTNUT CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the East Devon local authority area for the corresponding sale date. All of the four 1 CHESTNUT 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
2017 20 JUL	£229,950	£409,004	44% below HPI
2012 23 NOV	£190,000	£343,025	45% below HPI
2004 23 AUG	£205,000	£297,119	31% below HPI
1997 25 JUL	£78,500	£108,035	27% below HPI

1 CHESTNUT 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 four 1 CHESTNUT CLOSE sales between July 1997 and July 2017 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 November 2012 sale was for 45% below the HPI. So the extrapolation line tracks at 45% below the HPI over time, until the July 2017 sale, where it rises to 44% below the HPI. The line then continues to track at 44% below the HPI.

What might 1 CHESTNUT CLOSE be worth now?

1 CHESTNUT CLOSE might now be worth an estimated £305,236.

This is based on house price inflation of 32.7%, between July 2017 and December 2024, 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 32.7% inflationary increase is applied to the most recent sale price for 1 CHESTNUT CLOSE of £229,950 on 20th July 2017. For the value to have increased from £229,950 to £305,236 over the six years and seven months to December 2024, the following assumptions must hold true:

• The value of 1 CHESTNUT CLOSE has moved in line with the HPI for detached houses in the East Devon local authority area.
• The July 2017 sale price of £229,950 represented a fair market value for the property.
• The size, condition, and specification of 1 CHESTNUT CLOSE has not materially changed since July 2017.

How Large is 1 CHESTNUT CLOSE?

1 CHESTNUT CLOSE is 64m² according to the EPC inspection conducted in September 2020. This puts it in the smallest 10% of detached houses houses in Seaton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Seaton, and where 1 CHESTNUT CLOSE lies on this distribution: 8% of detached houses houses are smaller than 1 CHESTNUT CLOSE, and 91% of houses are larger. Note that EPC data is not available for all properties in Seaton.

1 CHESTNUT CLOSE: Plot and Title Map

1 CHESTNUT CLOSE sits on a plot of roughly 0.092 of an acre, or 372m². The below map shows the location of 1 CHESTNUT 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 CHESTNUT 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 CHESTNUT CLOSE?

1 CHESTNUT CLOSE is located in SEATON, in the EX12 postcode district. The below map shows the position of No. 1 on CHESTNUT CLOSE.