1, SHERWOOD DRIVE, EXMOUTH, EX8 4PX - £275,000

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 SHERWOOD DRIVE is a small extended detached house of 80m², built sometime between 1976 and 1982, which could now be worth an estimated £398,487. It was last sold for £275,000 in June 2015, which was around 26% below the average June 2015 detached price in the East Devon local authority area. The most recent EPC inspection was October 2014, where the current energy rating was D, and the potential energy rating was B.

1 SHERWOOD DRIVE Sold Prices

Land registry data shows two sales for 1 SHERWOOD DRIVE 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 SHERWOOD DRIVE 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
2015 12 JUN	£275,000	£372,608	26% below HPI
2008 25 SEP	£197,500	£331,263	40% below HPI

1 SHERWOOD DRIVE 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 SHERWOOD DRIVE sales from September 2008 and June 2015 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 2008 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the June 2015 sale, where it rises to 26% below the HPI. The line then continues to track at 26% below the HPI.

What might 1 SHERWOOD DRIVE be worth now?

1 SHERWOOD DRIVE might now be worth an estimated £398,487.

This is based on house price inflation of 44.9%, between June 2015 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 44.9% inflationary increase is applied to the most recent sale price for 1 SHERWOOD DRIVE of £275,000 on 12th June 2015. For the value to have increased from £275,000 to £398,487 over the ten years and four months to February 2025, the following assumptions must hold true:

• The value of 1 SHERWOOD DRIVE has moved in line with the HPI for detached houses in the East Devon local authority area.
• The June 2015 sale price of £275,000 represented a fair market value for the property.
• The size, condition, and specification of 1 SHERWOOD DRIVE has not materially changed since June 2015.

How Large is 1 SHERWOOD DRIVE?

1 SHERWOOD DRIVE is 80m², which includes two extensions, according to the EPC inspection conducted in October 2014. This puts it in the smallest 30% 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 SHERWOOD DRIVE lies on this distribution: 22% of detached houses houses are smaller than 1 SHERWOOD DRIVE, and 77% of houses are larger. Note that EPC data is not available for all properties in Exmouth.

1 SHERWOOD DRIVE: Plot and Title Map

1 SHERWOOD DRIVE sits on a plot of roughly 0.072 of an acre, or 291m². The below map shows the location of 1 SHERWOOD DRIVE, 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 SHERWOOD DRIVE). 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 SHERWOOD DRIVE?

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