14, SPRUCE CLOSE, EXETER, EX4 9JU - £247,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

14 SPRUCE CLOSE is a small detached house of 97m², built sometime between 1983 and 1990, which could now be worth an estimated £376,389. It was last sold for £247,000 in April 2014, which was around 30% below the average April 2014 detached price in the Exeter local authority area. The most recent EPC inspection was November 2013, where the current energy rating was C, and the potential energy rating was B.

14 SPRUCE CLOSE Sold Prices

Land registry data shows four sales for 14 SPRUCE 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 Exeter local authority area for the corresponding sale date. All of the four 14 SPRUCE 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
2014 7 APR	£247,000	£355,022	30% below HPI
2009 27 FEB	£220,000	£293,292	25% below HPI
2002 11 OCT	£182,000	£229,151	21% below HPI
1995 30 JUN	£82,000	£93,932	13% below HPI

14 SPRUCE CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Exeter local authority area over time, sourced from the HPI. The four 14 SPRUCE CLOSE sales between June 1995 and April 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 February 2009 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the April 2014 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

What might 14 SPRUCE CLOSE be worth now?

14 SPRUCE CLOSE might now be worth an estimated £376,389.

This is based on house price inflation of 52.4%, between April 2014 and February 2025, for detached houses, in the Exeter local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 52.4% inflationary increase is applied to the most recent sale price for 14 SPRUCE CLOSE of £247,000 on 7th April 2014. For the value to have increased from £247,000 to £376,389 over the eleven years and two months to February 2025, the following assumptions must hold true:

• The value of 14 SPRUCE CLOSE has moved in line with the HPI for detached houses in the Exeter local authority area.
• The April 2014 sale price of £247,000 represented a fair market value for the property.
• The size, condition, and specification of 14 SPRUCE CLOSE has not materially changed since April 2014.

How Large is 14 SPRUCE CLOSE?

14 SPRUCE CLOSE is 97m² according to the EPC inspection conducted in November 2013. This puts it in the smallest 30% of detached houses houses in Exeter, based on EPC data. The below chart shows the distribution of detached houses houses by size in Exeter, and where 14 SPRUCE CLOSE lies on this distribution: 29% of detached houses houses are smaller than 14 SPRUCE CLOSE, and 70% of houses are larger. Note that EPC data is not available for all properties in Exeter.

14 SPRUCE CLOSE: Plot and Title Map

14 SPRUCE CLOSE sits on a plot of roughly 0.045 of an acre, or 182m². The below map shows the location of 14 SPRUCE 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 SPRUCE 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 SPRUCE CLOSE?

14 SPRUCE CLOSE is located in EXETER, in the EX4 postcode district. The below map shows the position of No. 14 on SPRUCE CLOSE.