16, RIVERMEAD AVENUE, EXMOUTH, EX8 3BR - £227,500

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.

16 RIVERMEAD AVENUE is a very small detached house of 58m², built sometime between 1950 and 1966, which could now be worth an estimated £322,976. It was last sold for £227,500 in August 2015, which was around 40% below the average August 2015 detached price in the East Devon local authority area. The most recent EPC inspection was April 2013, where the current energy rating was D, and the potential energy rating was B.

16 RIVERMEAD AVENUE Sold Prices

Land registry data shows two sales for 16 RIVERMEAD AVENUE 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 16 RIVERMEAD AVENUE 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 26 AUG	£227,500	£376,772	40% below HPI
2013 24 JUL	£211,760	£341,369	38% below HPI

16 RIVERMEAD AVENUE 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 16 RIVERMEAD AVENUE sales from July 2013 and August 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 2013 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the August 2015 sale, where it falls to 40% below the HPI. The line then continues to track at 40% below the HPI.

What might 16 RIVERMEAD AVENUE be worth now?

16 RIVERMEAD AVENUE might now be worth an estimated £322,976.

This is based on house price inflation of 42%, between August 2015 and March 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 42% inflationary increase is applied to the most recent sale price for 16 RIVERMEAD AVENUE of £227,500 on 26th August 2015. For the value to have increased from £227,500 to £322,976 over the ten years and five months to March 2025, the following assumptions must hold true:

• The value of 16 RIVERMEAD AVENUE has moved in line with the HPI for detached houses in the East Devon local authority area.
• The August 2015 sale price of £227,500 represented a fair market value for the property.
• The size, condition, and specification of 16 RIVERMEAD AVENUE has not materially changed since August 2015.

How Large is 16 RIVERMEAD AVENUE?

16 RIVERMEAD AVENUE is 58m² according to the EPC inspection conducted in April 2013. 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 16 RIVERMEAD AVENUE lies on this distribution: 2% of detached houses houses are smaller than 16 RIVERMEAD AVENUE, and 98% of houses are larger. Note that EPC data is not available for all properties in Exmouth.

16 RIVERMEAD AVENUE: Plot and Title Map

16 RIVERMEAD AVENUE sits on a plot of roughly 0.119 of an acre, or 483m². The below map shows the location of 16 RIVERMEAD AVENUE, 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 RIVERMEAD AVENUE). 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 RIVERMEAD AVENUE?

16 RIVERMEAD AVENUE is located in EXMOUTH, in the EX8 postcode district. The below map shows the position of No. 16 on RIVERMEAD AVENUE.