12, WESTMINSTER CLOSE, EXMOUTH, EX8 5QS - £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.

12 WESTMINSTER CLOSE is a large extended detached house of 142m², built sometime between 1983 and 1990, which could now be worth an estimated £424,210. It was last sold for £275,000 in August 2013, which was around 21% below the average August 2013 detached price in the East Devon local authority area. The most recent EPC inspection was March 2012, where the current energy rating was D, and the potential energy rating was C.

12 WESTMINSTER CLOSE Sold Prices

Land registry data shows three sales for 12 WESTMINSTER CLOSE 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. All of the three 12 WESTMINSTER 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
2013 15 AUG	£275,000	£350,014	21% below HPI
2007 19 MAR	£285,000	£325,283	12% below HPI
2004 19 NOV	£265,000	£300,713	12% below HPI

12 WESTMINSTER 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 three 12 WESTMINSTER CLOSE sales between November 2004 and August 2013 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 March 2007 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the August 2013 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.

What might 12 WESTMINSTER CLOSE be worth now?

12 WESTMINSTER CLOSE might now be worth an estimated £424,210.

This is based on house price inflation of 54.3%, between August 2013 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 54.3% inflationary increase is applied to the most recent sale price for 12 WESTMINSTER CLOSE of £275,000 on 15th August 2013. For the value to have increased from £275,000 to £424,210 over the twelve years and six months to February 2025, the following assumptions must hold true:

• The value of 12 WESTMINSTER CLOSE has moved in line with the HPI for detached houses in the East Devon local authority area.
• The August 2013 sale price of £275,000 represented a fair market value for the property.
• The size, condition, and specification of 12 WESTMINSTER CLOSE has not materially changed since August 2013.

How Large is 12 WESTMINSTER CLOSE?

12 WESTMINSTER CLOSE is 142m², which includes one extension, according to the EPC inspection conducted in March 2012. 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 WESTMINSTER CLOSE lies on this distribution: 77% of detached houses houses are smaller than 12 WESTMINSTER CLOSE, and 23% of houses are larger. Note that EPC data is not available for all properties in Exmouth.

12 WESTMINSTER CLOSE: Plot and Title Map

12 WESTMINSTER CLOSE sits on a plot of roughly 0.093 of an acre, or 375m². The below map shows the location of 12 WESTMINSTER 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 WESTMINSTER 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 WESTMINSTER CLOSE?

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