12, REDWOOD CLOSE, EXMOUTH, EX8 5NS - £258,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

12 REDWOOD CLOSE is a very small detached house of 71m², built sometime between 1976 and 1982. It was last sold for £258,000 in August 2018, which was around 38% below the average August 2018 detached price in the East Devon local authority area. The most recent EPC inspection was May 2010, where the current energy rating was D, and the potential energy rating was C.

12 REDWOOD CLOSE Sold Prices

Land registry data shows two sales for 12 REDWOOD CLOSE 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 12 REDWOOD 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
2018 20 AUG	£258,000	£418,322	38% below HPI
2003 22 AUG	£167,000	£261,841	36% below HPI

12 REDWOOD 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 two 12 REDWOOD CLOSE sales from August 2003 and August 2018 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 August 2003 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the August 2018 sale, where it falls to 38% below the HPI. The line then continues to track at 38% below the HPI.

How Large is 12 REDWOOD CLOSE?

12 REDWOOD CLOSE is 71m² according to the EPC inspection conducted in May 2010. This puts it in the smallest 20% of detached houses in Exmouth, based on EPC data. The below chart shows the distribution of detached houses by size in Exmouth, and where 12 REDWOOD CLOSE lies on this distribution: 13% of detached houses are smaller than 12 REDWOOD CLOSE, and 87% of houses are larger. Note that EPC data is not available for all properties in Exmouth.

12 REDWOOD CLOSE: Plot and Title Map

12 REDWOOD CLOSE sits on a plot of roughly 0.048 of an acre, or 194m². The below map shows the location of 12 REDWOOD 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 REDWOOD 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 REDWOOD CLOSE?

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