1, CHICHESTER CLOSE, EXMOUTH, EX8 2JU - £410,000

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.

1 CHICHESTER CLOSE is a very small extended detached house of 68m², built sometime between 1950 and 1966, which could now be worth an estimated £417,468. It was last sold for £410,000 in November 2023, which was around 23% below the average November 2023 detached price in the East Devon local authority area. The most recent EPC inspection was August 2023, where the current energy rating was D, and the potential energy rating was B.

1 CHICHESTER CLOSE Sold Prices

Land registry data shows three sales for 1 CHICHESTER CLOSE 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 1 CHICHESTER 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
2023 8 NOV	£410,000	£530,266	23% below HPI
2012 30 NOV	£247,500	£343,025	28% below HPI
2004 11 FEB	£173,000	£273,025	37% below HPI

1 CHICHESTER 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 three 1 CHICHESTER CLOSE sales between February 2004 and November 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 November 2012 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the November 2023 sale, where it rises to 23% below the HPI. The line then continues to track at 23% below the HPI.

What might 1 CHICHESTER CLOSE be worth now?

1 CHICHESTER CLOSE might now be worth an estimated £417,468.

This is based on house price inflation of 1.8%, between November 2023 and February 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 1.8% inflationary increase is applied to the most recent sale price for 1 CHICHESTER CLOSE of £410,000 on 8th November 2023. For the value to have increased from £410,000 to £417,468 over the two years and nine months to February 2025, the following assumptions must hold true:

• The value of 1 CHICHESTER CLOSE has moved in line with the HPI for detached houses in the East Devon local authority area.
• The November 2023 sale price of £410,000 represented a fair market value for the property.
• The size, condition, and specification of 1 CHICHESTER CLOSE has not materially changed since November 2023.

How Large is 1 CHICHESTER CLOSE?

1 CHICHESTER CLOSE is 68m², which includes one extension, according to the EPC inspection conducted in August 2023. This puts it in the smallest 10% of detached houses houses in Exmouth, based on EPC data. The below chart shows the distribution of detached houses houses by size in Exmouth, and where 1 CHICHESTER CLOSE lies on this distribution: 10% of detached houses houses are smaller than 1 CHICHESTER CLOSE, and 90% of houses are larger. Note that EPC data is not available for all properties in Exmouth.

1 CHICHESTER CLOSE: Plot and Title Map

1 CHICHESTER CLOSE sits on a plot of roughly 0.105 of an acre, or 426m². The below map shows the location of 1 CHICHESTER 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 CHICHESTER 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 CHICHESTER CLOSE?

1 CHICHESTER CLOSE is located in EXMOUTH, in the EX8 postcode district. The below map shows the position of No. 1 on CHICHESTER CLOSE.