15, LE MARCHANT CLOSE, DUNKESWELL, HONITON, EX14 4XD - £205,000

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

15 LE MARCHANT CLOSE is a small detached house of 73m², built sometime between 1976 and 1982, which could now be worth an estimated £323,606. It was last sold for £205,000 in June 2007, which was around 40% below the average June 2007 detached price in the East Devon local authority area. The most recent EPC inspection was January 2020, where the current energy rating was E, and the potential energy rating was B.

15 LE MARCHANT CLOSE Sold Prices

Land registry data shows two sales for 15 LE MARCHANT 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 LE MARCHANT 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
2007 25 JUN	£205,000	£342,035	40% below HPI
2004 23 APR	£149,950	£281,511	47% below HPI

15 LE MARCHANT 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 LE MARCHANT CLOSE sales from April 2004 and June 2007 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 April 2004 sale was for 47% below the HPI. So the extrapolation line tracks at 47% below the HPI over time, until the June 2007 sale, where it rises to 40% below the HPI. The line then continues to track at 40% below the HPI.

What might 15 LE MARCHANT CLOSE be worth now?

15 LE MARCHANT CLOSE might now be worth an estimated £323,606.

This is based on house price inflation of 57.9%, between June 2007 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 57.9% inflationary increase is applied to the most recent sale price for 15 LE MARCHANT CLOSE of £205,000 on 25th June 2007. For the value to have increased from £205,000 to £323,606 over the eighteen years and four months to February 2025, the following assumptions must hold true:

• The value of 15 LE MARCHANT CLOSE has moved in line with the HPI for detached houses in the East Devon local authority area.
• The June 2007 sale price of £205,000 represented a fair market value for the property.
• The size, condition, and specification of 15 LE MARCHANT CLOSE has not materially changed since June 2007.

How Large is 15 LE MARCHANT CLOSE?

15 LE MARCHANT CLOSE is 73m² according to the EPC inspection conducted in January 2020. This puts it in the smallest 30% of detached houses houses in Dunkeswell, based on EPC data. The below chart shows the distribution of detached houses houses by size in Dunkeswell, and where 15 LE MARCHANT CLOSE lies on this distribution: 21% of detached houses houses are smaller than 15 LE MARCHANT CLOSE, and 75% of houses are larger. Note that EPC data is not available for all properties in Dunkeswell.

15 LE MARCHANT CLOSE: Plot and Title Map

15 LE MARCHANT CLOSE sits on a plot of roughly 0.092 of an acre, or 372m². The below map shows the location of 15 LE MARCHANT 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 LE MARCHANT 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 LE MARCHANT CLOSE?

15 LE MARCHANT CLOSE is located in DUNKESWELL, in the EX14 postcode district. The below map shows the position of No. 15 on LE MARCHANT CLOSE.