1, SHELLY REACH, EXMOUTH, EX8 1XT - £371,000

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 SHELLY REACH is a very small detached house of 77m², built sometime between 1996 and 2002, which could now be worth an estimated £395,901. It was last sold for £371,000 in March 2022, which was around 27% below the average March 2022 detached price in the East Devon local authority area. The most recent EPC inspection was November 2021, where the current energy rating was C, and the potential energy rating was B.

1 SHELLY REACH Sold Prices

Land registry data shows two sales for 1 SHELLY REACH since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the East Devon local authority area for the corresponding sale date. Both of the two 1 SHELLY REACH 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
2022 2 MAR	£371,000	£505,965	27% below HPI
1998 17 SEP	£79,950	£122,038	34% below HPI

1 SHELLY REACH 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 two 1 SHELLY REACH sales from September 1998 and March 2022 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 September 1998 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the March 2022 sale, where it rises to 27% below the HPI. The line then continues to track at 27% below the HPI.

What might 1 SHELLY REACH be worth now?

1 SHELLY REACH might now be worth an estimated £395,901.

This is based on house price inflation of 6.7%, between March 2022 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 6.7% inflationary increase is applied to the most recent sale price for 1 SHELLY REACH of £371,000 on 2nd March 2022. For the value to have increased from £371,000 to £395,901 over the three years and one month to February 2025, the following assumptions must hold true:

• The value of 1 SHELLY REACH has moved in line with the HPI for detached houses in the East Devon local authority area.
• The March 2022 sale price of £371,000 represented a fair market value for the property.
• The size, condition, and specification of 1 SHELLY REACH has not materially changed since March 2022.

How Large is 1 SHELLY REACH?

1 SHELLY REACH is 77m² according to the EPC inspection conducted in November 2021. This puts it in the smallest 20% 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 SHELLY REACH lies on this distribution: 19% of detached houses houses are smaller than 1 SHELLY REACH, and 80% of houses are larger. Note that EPC data is not available for all properties in Exmouth.

1 SHELLY REACH: Plot and Title Map

1 SHELLY REACH sits on a plot of roughly 0.027 of an acre, or 111m². The below map shows the location of 1 SHELLY REACH, 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 SHELLY REACH). 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 SHELLY REACH?

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