12, RANCE DRIVE, EXMOUTH, EX8 5RP - £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 RANCE DRIVE is a large detached house of 132m², built sometime between 1976 and 1982, which could now be worth an estimated £458,118. It was last sold for £315,000 in November 2014, which was around 15% below the average November 2014 detached price in the East Devon local authority area. The most recent EPC inspection was June 2014, where the current energy rating was D, and the potential energy rating was B.

12 RANCE DRIVE Sold Prices

Land registry data shows three sales for 12 RANCE DRIVE 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. Two of the three 12 RANCE DRIVE sales were for below the average price, whilst one was for above 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
2014 14 NOV	£315,000	£371,250	15% below HPI
2003 16 JUL	£278,000	£263,089	6% above HPI
2002 2 AUG	£186,950	£225,767	17% below HPI

12 RANCE 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 three 12 RANCE DRIVE sales between August 2002 and November 2014 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 July 2003 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the November 2014 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

What might 12 RANCE DRIVE be worth now?

12 RANCE DRIVE might now be worth an estimated £458,118.

This is based on house price inflation of 45.4%, between November 2014 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 45.4% inflationary increase is applied to the most recent sale price for 12 RANCE DRIVE of £315,000 on 14th November 2014. For the value to have increased from £315,000 to £458,118 over the eleven years and nine months to February 2025, the following assumptions must hold true:

• The value of 12 RANCE DRIVE has moved in line with the HPI for detached houses in the East Devon local authority area.
• The November 2014 sale price of £315,000 represented a fair market value for the property.
• The size, condition, and specification of 12 RANCE DRIVE has not materially changed since November 2014.

How Large is 12 RANCE DRIVE?

12 RANCE DRIVE is 132m² according to the EPC inspection conducted in June 2014. This puts it in the largest 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 12 RANCE DRIVE lies on this distribution: 70% of detached houses houses are smaller than 12 RANCE DRIVE, and 29% of houses are larger. Note that EPC data is not available for all properties in Exmouth.

12 RANCE DRIVE: Plot and Title Map

12 RANCE DRIVE sits on a plot of roughly 0.069 of an acre, or 281m². The below map shows the location of 12 RANCE 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 12 RANCE 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 12 RANCE DRIVE?

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