14, PORT MER CLOSE, EXMOUTH, EX8 5RF - £435,000

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.

14 PORT MER CLOSE is a midsized detached house of 103m², built sometime between 1996 and 2002, which could now be worth an estimated £458,646. It was last sold for £435,000 in February 2024, which was around 15% below the average February 2024 detached price in the East Devon local authority area. The most recent EPC inspection was October 2014, where the current energy rating was C, and the potential energy rating was B.

14 PORT MER CLOSE Sold Prices

Land registry data shows six sales for 14 PORT MER CLOSE since 1^st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the East Devon local authority area for the corresponding sale date. All of the six 14 PORT MER 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
2024 27 FEB	£435,000	£512,089	15% below HPI
2017 30 NOV	£300,000	£413,698	27% below HPI
2007 4 MAY	£279,950	£335,248	16% below HPI
2003 13 NOV	£227,000	£270,398	16% below HPI
2001 28 SEP	£146,000	£182,101	20% below HPI
1998 25 SEP	£93,000	£122,038	24% below HPI

14 PORT MER 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 six 14 PORT MER CLOSE sales between September 1998 and February 2024 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 November 2017 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the February 2024 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.

What might 14 PORT MER CLOSE be worth now?

14 PORT MER CLOSE might now be worth an estimated £458,646.

This is based on house price inflation of 5.4%, between February 2024 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 5.4% inflationary increase is applied to the most recent sale price for 14 PORT MER CLOSE of £435,000 on 27th February 2024. For the value to have increased from £435,000 to £458,646 over the one year to February 2025, the following assumptions must hold true:

• The value of 14 PORT MER CLOSE has moved in line with the HPI for detached houses in the East Devon local authority area.
• The February 2024 sale price of £435,000 represented a fair market value for the property.
• The size, condition, and specification of 14 PORT MER CLOSE has not materially changed since February 2024.

How Large is 14 PORT MER CLOSE?

14 PORT MER CLOSE is 103m² according to the EPC inspection conducted in October 2014. This puts it in the smallest 50% 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 14 PORT MER CLOSE lies on this distribution: 45% of detached houses houses are smaller than 14 PORT MER CLOSE, and 54% of houses are larger. Note that EPC data is not available for all properties in Exmouth.

14 PORT MER CLOSE: Plot and Title Map

14 PORT MER CLOSE sits on a plot of roughly 0.067 of an acre, or 270m². The below map shows the location of 14 PORT MER 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 14 PORT MER 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 14 PORT MER CLOSE?

14 PORT MER CLOSE is located in EXMOUTH, in the EX8 postcode district. The below map shows the position of No. 14 on PORT MER CLOSE.