16, SPRUCE CLOSE, EXETER, EX4 9JU - £248,500

16 SPRUCE CLOSE is a very small detached house of 81m², built sometime between 1991 and 1995. It was last sold for £248,500 in December 2011, which was around 26% below the average December 2011 detached price in the Exeter local authority area. The most recent EPC inspection was November 2022, where the current energy rating was C, and the potential energy rating was B.

16 SPRUCE CLOSE Sold Prices

Land registry data shows three sales for 16 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 16 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
2011 9 DEC	£248,500	£334,264	26% below HPI
1999 14 MAY	£89,000	£118,599	25% below HPI
1995 19 JUN	£86,950	£95,852	9% below HPI

16 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 16 SPRUCE CLOSE sales between June 1995 and December 2011 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 May 1999 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the December 2011 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is 16 SPRUCE CLOSE?

16 SPRUCE CLOSE is 81m² according to the EPC inspection conducted in November 2022. This puts it in the smallest 20% of detached houses in Exeter, based on EPC data. The below chart shows the distribution of detached houses by size in Exeter, and where 16 SPRUCE CLOSE lies on this distribution: 14% of detached houses are smaller than 16 SPRUCE CLOSE, and 85% of houses are larger. Note that EPC data is not available for all properties in Exeter.

16 SPRUCE CLOSE: Plot and Title Map

16 SPRUCE CLOSE sits on a plot of roughly 0.050 of an acre, or 204m². The below map shows the location of 16 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 16 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 16 SPRUCE CLOSE?

16 SPRUCE CLOSE is located in EXETER, in the EX4 postcode district. The below map shows the position of No. 16 on SPRUCE CLOSE.