2, GRANGE CLOSE, EXMOUTH, EX8 3HX - £320,000

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.

2 GRANGE CLOSE is a large detached house of 122m², built sometime between 1930 and 1949, which could now be worth an estimated £586,379. It was last sold for £320,000 in July 2004, which was around 9% above the average July 2004 detached price in the East Devon local authority area. The most recent EPC inspection was December 2023, where the current energy rating was E, and the potential energy rating was C.

2 GRANGE CLOSE Sold Prices

Land registry data shows four sales for 2 GRANGE 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 East Devon local authority area for the corresponding sale date. two of the four 2 GRANGE CLOSE sales were for above the average price, and four 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
2004 29 JUL	£320,000	£294,649	9% above HPI
2002 12 SEP	£267,500	£231,672	15% above HPI
2000 31 JAN	£118,000	£140,227	16% below HPI
1998 1 SEP	£82,500	£122,038	32% below HPI

2 GRANGE 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 four 2 GRANGE CLOSE sales between September 1998 and July 2004 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 September 2002 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the July 2004 sale, where it falls to 9% above the HPI. The line then continues to track at 9% above the HPI.

What might 2 GRANGE CLOSE be worth now?

2 GRANGE CLOSE might now be worth an estimated £586,379.

This is based on house price inflation of 83.2%, between July 2004 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 83.2% inflationary increase is applied to the most recent sale price for 2 GRANGE CLOSE of £320,000 on 29th July 2004. For the value to have increased from £320,000 to £586,379 over the 21 years and five months to February 2025, the following assumptions must hold true:

• The value of 2 GRANGE CLOSE has moved in line with the HPI for detached houses in the East Devon local authority area.
• The July 2004 sale price of £320,000 represented a fair market value for the property.
• The size, condition, and specification of 2 GRANGE CLOSE has not materially changed since July 2004.

How Large is 2 GRANGE CLOSE?

2 GRANGE CLOSE is 122m² according to the EPC inspection conducted in December 2023. This puts it in the largest 40% 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 GRANGE CLOSE lies on this distribution: 63% of detached houses houses are smaller than 2 GRANGE CLOSE, and 36% of houses are larger. Note that EPC data is not available for all properties in Exmouth.

2 GRANGE CLOSE: Plot and Title Map

2 GRANGE CLOSE sits on a plot of roughly 0.115 of an acre, or 465m². The below map shows the location of 2 GRANGE 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 GRANGE 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 GRANGE CLOSE?

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