16, CREELY CLOSE, EXETER, EX2 8GD - £275,000

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.

16 CREELY CLOSE is a midsized extended detached house of 108m², built sometime between 1967 and 1975, which could now be worth an estimated £394,212. It was last sold for £275,000 in May 2015, which was around 27% below the average May 2015 detached price in the Exeter local authority area. The most recent EPC inspection was March 2016, where the current energy rating was D, and the potential energy rating was B.

16 CREELY CLOSE Sold Prices

Land registry data shows four sales for 16 CREELY CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Exeter local authority area for the corresponding sale date. All of the four 16 CREELY 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
2015 29 MAY	£275,000	£377,396	27% below HPI
2011 12 JUL	£249,995	£329,380	24% below HPI
2003 4 JUL	£229,950	£257,334	11% below HPI
1997 23 MAY	£90,000	£98,708	9% below HPI

16 CREELY 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 four 16 CREELY CLOSE sales between May 1997 and May 2015 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 July 2011 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the May 2015 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

What might 16 CREELY CLOSE be worth now?

16 CREELY CLOSE might now be worth an estimated £394,212.

This is based on house price inflation of 43.3%, between May 2015 and February 2025, for detached houses, in the Exeter local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 43.3% inflationary increase is applied to the most recent sale price for 16 CREELY CLOSE of £275,000 on 29th May 2015. For the value to have increased from £275,000 to £394,212 over the ten years and three months to February 2025, the following assumptions must hold true:

• The value of 16 CREELY CLOSE has moved in line with the HPI for detached houses in the Exeter local authority area.
• The May 2015 sale price of £275,000 represented a fair market value for the property.
• The size, condition, and specification of 16 CREELY CLOSE has not materially changed since May 2015.

How Large is 16 CREELY CLOSE?

16 CREELY CLOSE is 108m², which includes one extension, according to the EPC inspection conducted in March 2016. This puts it in the smallest 50% of detached houses houses in Exeter, based on EPC data. The below chart shows the distribution of detached houses houses by size in Exeter, and where 16 CREELY CLOSE lies on this distribution: 40% of detached houses houses are smaller than 16 CREELY CLOSE, and 59% of houses are larger. Note that EPC data is not available for all properties in Exeter.

16 CREELY CLOSE: Plot and Title Map

16 CREELY CLOSE sits on a plot of roughly 0.073 of an acre, or 297m². The below map shows the location of 16 CREELY 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 16 CREELY 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 16 CREELY CLOSE?

16 CREELY CLOSE is located in EXETER, in the EX2 postcode district. The below map shows the position of No. 16 on CREELY CLOSE.