2, COLERIDGE CLOSE, EXMOUTH, EX8 5SP - £437,500

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.

2 COLERIDGE CLOSE is a large detached house of 137m², built sometime between 1991 and 1995, which could now be worth an estimated £477,117. It was last sold for £437,500 in February 2022, which was around 12% below the average February 2022 detached price in the East Devon local authority area. The most recent EPC inspection was November 2021, where the current energy rating was C, and the potential energy rating was B.

2 COLERIDGE CLOSE Sold Prices

Land registry data shows three sales for 2 COLERIDGE 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 East Devon local authority area for the corresponding sale date. Two of the three 2 COLERIDGE CLOSE sales were for below the average price, whilst one was 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
2022 18 FEB	£437,500	£495,093	12% below HPI
2006 6 DEC	£286,000	£323,315	12% below HPI
1996 26 APR	£109,950	£95,925	15% above HPI

2 COLERIDGE CLOSE 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 three 2 COLERIDGE CLOSE sales between April 1996 and February 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 December 2006 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the February 2022 sale, which was also at 12% below the HPI.

What might 2 COLERIDGE CLOSE be worth now?

2 COLERIDGE CLOSE might now be worth an estimated £477,117.

This is based on house price inflation of 9.1%, between February 2022 and February 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 9.1% inflationary increase is applied to the most recent sale price for 2 COLERIDGE CLOSE of £437,500 on 18th February 2022. For the value to have increased from £437,500 to £477,117 over the three years to February 2025, the following assumptions must hold true:

• The value of 2 COLERIDGE CLOSE has moved in line with the HPI for detached houses in the East Devon local authority area.
• The February 2022 sale price of £437,500 represented a fair market value for the property.
• The size, condition, and specification of 2 COLERIDGE CLOSE has not materially changed since February 2022.

How Large is 2 COLERIDGE CLOSE?

2 COLERIDGE CLOSE is 137m² according to the EPC inspection conducted in November 2021. This puts it in the largest 30% 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 2 COLERIDGE CLOSE lies on this distribution: 74% of detached houses houses are smaller than 2 COLERIDGE CLOSE, and 26% of houses are larger. Note that EPC data is not available for all properties in Exmouth.

2 COLERIDGE CLOSE: Plot and Title Map

2 COLERIDGE CLOSE sits on a plot of roughly 0.080 of an acre, or 323m². The below map shows the location of 2 COLERIDGE 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 COLERIDGE 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 COLERIDGE CLOSE?

2 COLERIDGE CLOSE is located in EXMOUTH, in the EX8 postcode district. The below map shows the position of No. 2 on COLERIDGE CLOSE.