15, SHELLY REACH, EXMOUTH, EX8 1XT - £100,000

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 SHELLY REACH is a very small detached house of 59m², built sometime between 1991 and 1995. It was last sold for £100,000 in July 2001, which was around 43% below the average July 2001 detached price in the East Devon local authority area. The most recent EPC inspection was February 2019, where the current energy rating was C, and the potential energy rating was B.

15 SHELLY REACH Sold Prices

Land registry data shows two sales for 15 SHELLY REACH 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 SHELLY REACH 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
2001 20 JUL	£100,000	£175,261	43% below HPI
1997 24 OCT	£60,000	£110,205	46% below HPI

15 SHELLY REACH 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 SHELLY REACH sales from October 1997 and July 2001 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 1997 sale was for 46% below the HPI. So the extrapolation line tracks at 46% below the HPI over time, until the July 2001 sale, where it rises to 43% below the HPI. The line then continues to track at 43% below the HPI.

What might 15 SHELLY REACH be worth now?

15 SHELLY REACH might now be worth an estimated £309,774.

This is based on house price inflation of 209.8%, between July 2001 and December 2024, 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 209.8% inflationary increase is applied to the most recent sale price for 15 SHELLY REACH of £100,000 on 20th July 2001. For the value to have increased from £100,000 to £309,774 over the 22 years and seven months to December 2024, the following assumptions must hold true:

• The value of 15 SHELLY REACH has moved in line with the HPI for detached houses in the East Devon local authority area.
• The July 2001 sale price of £100,000 represented a fair market value for the property.
• The size, condition, and specification of 15 SHELLY REACH has not materially changed since July 2001.

How Large is 15 SHELLY REACH?

15 SHELLY REACH is 59m² according to the EPC inspection conducted in February 2019. This puts it in the smallest 10% 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 SHELLY REACH lies on this distribution: 2% of detached houses houses are smaller than 15 SHELLY REACH, and 97% of houses are larger. Note that EPC data is not available for all properties in Exmouth.

15 SHELLY REACH: Plot and Title Map

15 SHELLY REACH sits on a plot of roughly 0.021 of an acre, or 87m². The below map shows the location of 15 SHELLY REACH, 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 SHELLY REACH). 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 SHELLY REACH?

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