15, HEREFORD CLOSE, EXMOUTH, EX8 5QT - £309,950

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.

15 HEREFORD CLOSE is a midsized extended detached house of 116m², built sometime between 1983 and 1990, which could now be worth an estimated £453,019. It was last sold for £309,950 in September 2014, which was around 16% below the average September 2014 detached price in the East Devon local authority area. The most recent EPC inspection was November 2010, where the current energy rating was D, and the potential energy rating was C.

15 HEREFORD CLOSE Sold Prices

Land registry data shows two sales for 15 HEREFORD 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 15 HEREFORD 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 22 SEP	£309,950	£369,410	16% below HPI
2011 21 OCT	£275,000	£345,882	20% below HPI

15 HEREFORD 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 15 HEREFORD CLOSE sales from October 2011 and September 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 October 2011 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the September 2014 sale, where it rises to 16% below the HPI. The line then continues to track at 16% below the HPI.

What might 15 HEREFORD CLOSE be worth now?

15 HEREFORD CLOSE might now be worth an estimated £453,019.

This is based on house price inflation of 46.2%, between September 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 46.2% inflationary increase is applied to the most recent sale price for 15 HEREFORD CLOSE of £309,950 on 22nd September 2014. For the value to have increased from £309,950 to £453,019 over the eleven years and seven months to February 2025, the following assumptions must hold true:

• The value of 15 HEREFORD CLOSE has moved in line with the HPI for detached houses in the East Devon local authority area.
• The September 2014 sale price of £309,950 represented a fair market value for the property.
• The size, condition, and specification of 15 HEREFORD CLOSE has not materially changed since September 2014.

How Large is 15 HEREFORD CLOSE?

15 HEREFORD CLOSE is 116m², which includes one extension, according to the EPC inspection conducted in November 2010. This puts it in the largest 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 15 HEREFORD CLOSE lies on this distribution: 58% of detached houses houses are smaller than 15 HEREFORD CLOSE, and 42% of houses are larger. Note that EPC data is not available for all properties in Exmouth.

15 HEREFORD CLOSE: Plot and Title Map

15 HEREFORD CLOSE sits on a plot of roughly 0.086 of an acre, or 350m². The below map shows the location of 15 HEREFORD 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 15 HEREFORD 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 15 HEREFORD CLOSE?

15 HEREFORD CLOSE is located in EXMOUTH, in the EX8 postcode district. The below map shows the position of No. 15 on HEREFORD CLOSE.