1, LANCASTER CLOSE, EXETER, EX2 5SW - £470,000

1 LANCASTER CLOSE is a midsized extended detached house of 115m², built sometime between 1983 and 1990. It was last sold for £470,000 in March 2023, which was around 17% below the average March 2023 detached price in the Exeter local authority area. The most recent EPC inspection was April 2022, where the current energy rating was D, and the potential energy rating was B.

1 LANCASTER CLOSE Sold Prices

Land registry data shows five sales for 1 LANCASTER CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Exeter local authority area for the corresponding sale date. All of the five 1 LANCASTER 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 7 MAR	£470,000	£566,081	17% below HPI
2012 18 OCT	£250,000	£345,093	28% below HPI
2000 18 FEB	£132,500	£137,272	3% below HPI
1999 30 APR	£111,800	£115,377	3% below HPI
1996 22 OCT	£94,500	£97,602	3% below HPI

1 LANCASTER CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Exeter local authority area over time, sourced from the HPI. The five 1 LANCASTER CLOSE sales between October 1996 and March 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 2012 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the March 2023 sale, where it rises to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is 1 LANCASTER CLOSE?

1 LANCASTER CLOSE is 115m², which includes one extension, according to the EPC inspection conducted in April 2022. This puts it in the smallest 50% of detached houses in Exeter, based on EPC data. The below chart shows the distribution of detached houses by size in Exeter, and where 1 LANCASTER CLOSE lies on this distribution: 48% of detached houses are smaller than 1 LANCASTER CLOSE, and 51% of houses are larger. Note that EPC data is not available for all properties in Exeter.

1 LANCASTER CLOSE: Plot and Title Map

1 LANCASTER CLOSE sits on a plot of roughly 0.117 of an acre, or 472m². The below map shows the location of 1 LANCASTER 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 LANCASTER 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 LANCASTER CLOSE?

1 LANCASTER CLOSE is located in EXETER, in the EX2 postcode district. The below map shows the position of No. 1 on LANCASTER CLOSE.