15, SPRUCE CLOSE, EXETER, EX4 9JU - £370,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

15 SPRUCE CLOSE is a small detached house of 91m², built sometime between 1991 and 1995. It was last sold for £370,000 in September 2022, which was around 35% below the average September 2022 detached price in the Exeter local authority area. The most recent EPC inspection was March 2022, where the current energy rating was C, and the potential energy rating was B.

15 SPRUCE CLOSE Sold Prices

Land registry data shows three sales for 15 SPRUCE CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Exeter local authority area for the corresponding sale date. All of the three 15 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
2022 28 SEP	£370,000	£565,702	35% below HPI
1999 24 SEP	£89,500	£123,794	28% below HPI
1995 21 APR	£74,000	£95,750	23% below HPI

15 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 three 15 SPRUCE CLOSE sales between April 1995 and September 2022 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 September 1999 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the September 2022 sale, where it falls to 35% below the HPI. The line then continues to track at 35% below the HPI.

How Large is 15 SPRUCE CLOSE?

15 SPRUCE CLOSE is 91m² according to the EPC inspection conducted in March 2022. This puts it in the smallest 30% of detached houses in Exeter, based on EPC data. The below chart shows the distribution of detached houses by size in Exeter, and where 15 SPRUCE CLOSE lies on this distribution: 23% of detached houses are smaller than 15 SPRUCE CLOSE, and 75% of houses are larger. Note that EPC data is not available for all properties in Exeter.

15 SPRUCE CLOSE: Plot and Title Map

15 SPRUCE CLOSE sits on a plot of roughly 0.043 of an acre, or 172m². The below map shows the location of 15 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 15 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 15 SPRUCE CLOSE?

15 SPRUCE CLOSE is located in EXETER, in the EX4 postcode district. The below map shows the position of No. 15 on SPRUCE CLOSE.