2, CALIFORNIA CLOSE, EXETER, EX4 5ET - £425,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

2 CALIFORNIA CLOSE is a large extended detached house of 144m², built sometime between 1967 and 1975. It was last sold for £425,000 in August 2013, which was around 23% above the average August 2013 detached price in the Exeter local authority area. The most recent EPC inspection was May 2013, where the current energy rating was D, and the potential energy rating was C.

2 CALIFORNIA CLOSE Sold Prices

Land registry data shows four sales for 2 CALIFORNIA 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 2 CALIFORNIA CLOSE sales were for above 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
2013 23 AUG	£425,000	£345,399	23% above HPI
2004 26 MAR	£335,000	£279,651	20% above HPI
2001 26 SEP	£230,000	£181,031	27% above HPI
1999 27 OCT	£171,000	£126,175	36% above HPI

2 CALIFORNIA 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 2 CALIFORNIA CLOSE sales between October 1999 and August 2013 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 March 2004 sale was for 20% above the HPI. So the extrapolation line tracks at 20% above the HPI over time, until the August 2013 sale, where it rises to 23% above the HPI. The line then continues to track at 23% above the HPI.

How Large is 2 CALIFORNIA CLOSE?

2 CALIFORNIA CLOSE is 144m², which includes one extension, according to the EPC inspection conducted in May 2013. This puts it in the largest 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 2 CALIFORNIA CLOSE lies on this distribution: 74% of detached houses are smaller than 2 CALIFORNIA CLOSE, and 25% of houses are larger. Note that EPC data is not available for all properties in Exeter.

2 CALIFORNIA CLOSE: Plot and Title Map

2 CALIFORNIA CLOSE sits on a plot of roughly 0.224 of an acre, or 905m². The below map shows the location of 2 CALIFORNIA 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 2 CALIFORNIA 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 2 CALIFORNIA CLOSE?

2 CALIFORNIA CLOSE is located in EXETER, in the EX4 postcode district. The below map shows the position of No. 2 on CALIFORNIA CLOSE.