15, SHAKESPEARE WAY, EXMOUTH, EX8 5SN - £245,500

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 SHAKESPEARE WAY is a very small detached house of 71m², built sometime between 1991 and 1995, which could now be worth an estimated £317,166. It was last sold for £245,500 in September 2017, which was around 41% below the average September 2017 detached price in the East Devon local authority area. The most recent EPC inspection was May 2017, where the current energy rating was C, and the potential energy rating was B.

15 SHAKESPEARE WAY Sold Prices

Land registry data shows two sales for 15 SHAKESPEARE WAY 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 SHAKESPEARE WAY 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
2017 7 SEP	£245,500	£417,925	41% below HPI
2011 22 DEC	£195,000	£344,211	43% below HPI

15 SHAKESPEARE WAY 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 SHAKESPEARE WAY sales from December 2011 and September 2017 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 December 2011 sale was for 43% below the HPI. So the extrapolation line tracks at 43% below the HPI over time, until the September 2017 sale, where it rises to 41% below the HPI. The line then continues to track at 41% below the HPI.

What might 15 SHAKESPEARE WAY be worth now?

15 SHAKESPEARE WAY might now be worth an estimated £317,166.

This is based on house price inflation of 29.2%, between September 2017 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 29.2% inflationary increase is applied to the most recent sale price for 15 SHAKESPEARE WAY of £245,500 on 7th September 2017. For the value to have increased from £245,500 to £317,166 over the eight years and seven months to February 2025, the following assumptions must hold true:

• The value of 15 SHAKESPEARE WAY has moved in line with the HPI for detached houses in the East Devon local authority area.
• The September 2017 sale price of £245,500 represented a fair market value for the property.
• The size, condition, and specification of 15 SHAKESPEARE WAY has not materially changed since September 2017.

How Large is 15 SHAKESPEARE WAY?

15 SHAKESPEARE WAY is 71m² according to the EPC inspection conducted in May 2017. This puts it in the smallest 20% 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 SHAKESPEARE WAY lies on this distribution: 13% of detached houses houses are smaller than 15 SHAKESPEARE WAY, and 87% of houses are larger. Note that EPC data is not available for all properties in Exmouth.

15 SHAKESPEARE WAY: Plot and Title Map

15 SHAKESPEARE WAY sits on a plot of roughly 0.056 of an acre, or 225m². The below map shows the location of 15 SHAKESPEARE WAY, 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 SHAKESPEARE WAY). 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 SHAKESPEARE WAY?

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