12, COLERIDGE CLOSE, EXMOUTH, EX8 5SP - £315,000

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.

12 COLERIDGE CLOSE is a large extended detached house of 120m², built sometime between 1996 and 2002, which could now be worth an estimated £395,141. It was last sold for £315,000 in May 2019, which was around 27% below the average May 2019 detached price in the East Devon local authority area. The most recent EPC inspection was February 2019, where the current energy rating was D, and the potential energy rating was B.

12 COLERIDGE CLOSE Sold Prices

Land registry data shows four sales for 12 COLERIDGE 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 12 COLERIDGE 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
2019 23 MAY	£315,000	£430,420	27% below HPI
2019 28 FEB	£320,000	£448,851	29% below HPI
2009 14 JAN	£250,000	£300,072	17% below HPI
1997 19 DEC	£97,995	£108,420	10% below HPI

12 COLERIDGE 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 12 COLERIDGE CLOSE sales between December 1997 and May 2019 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 February 2019 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the May 2019 sale, where it rises to 27% below the HPI. The line then continues to track at 27% below the HPI.

What might 12 COLERIDGE CLOSE be worth now?

12 COLERIDGE CLOSE might now be worth an estimated £395,141.

This is based on house price inflation of 25.4%, between May 2019 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 25.4% inflationary increase is applied to the most recent sale price for 12 COLERIDGE CLOSE of £315,000 on 23rd May 2019. For the value to have increased from £315,000 to £395,141 over the six years and three months to February 2025, the following assumptions must hold true:

• The value of 12 COLERIDGE CLOSE has moved in line with the HPI for detached houses in the East Devon local authority area.
• The May 2019 sale price of £315,000 represented a fair market value for the property.
• The size, condition, and specification of 12 COLERIDGE CLOSE has not materially changed since May 2019.

How Large is 12 COLERIDGE CLOSE?

12 COLERIDGE CLOSE is 120m², which includes two extensions, according to the EPC inspection conducted in February 2019. This puts it in the largest 40% 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 12 COLERIDGE CLOSE lies on this distribution: 62% of detached houses houses are smaller than 12 COLERIDGE CLOSE, and 38% of houses are larger. Note that EPC data is not available for all properties in Exmouth.

12 COLERIDGE CLOSE: Plot and Title Map

12 COLERIDGE CLOSE sits on a plot of roughly 0.095 of an acre, or 383m². The below map shows the location of 12 COLERIDGE 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 12 COLERIDGE 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 12 COLERIDGE CLOSE?

12 COLERIDGE CLOSE is located in EXMOUTH, in the EX8 postcode district. The below map shows the position of No. 12 on COLERIDGE CLOSE.