2, GRANGE CLOSE, LYMPSTONE, EXMOUTH, EX8 5LD - £707,500

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

2 GRANGE CLOSE is a large extended detached house of 161m², built sometime between 1967 and 1975. It was last sold for £707,500 in October 2022, which was around 31% above the average October 2022 detached price in the East Devon local authority area. The most recent EPC inspection was March 2022, where the current energy rating was C, and the potential energy rating was B.

2 GRANGE CLOSE Sold Prices

Land registry data shows three sales for 2 GRANGE 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 GRANGE CLOSE sales were for above the average price, whilst one was 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
2022 31 OCT	£707,500	£540,594	31% above HPI
2019 15 JAN	£565,000	£449,782	26% above HPI
2011 19 AUG	£325,000	£338,907	4% 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 three 2 GRANGE CLOSE sales between August 2011 and October 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 January 2019 sale was for 26% above the HPI. So the extrapolation line tracks at 26% above the HPI over time, until the October 2022 sale, where it rises to 31% above the HPI. The line then continues to track at 31% above the HPI.

What might 2 GRANGE CLOSE be worth now?

2 GRANGE CLOSE might now be worth an estimated £710,535.

This is based on house price inflation of 0.4%, between October 2022 and December 2024, 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 0.4% inflationary increase is applied to the most recent sale price for 2 GRANGE CLOSE of £707,500 on 31st October 2022. For the value to have increased from £707,500 to £710,535 over the one year and ten months to December 2024, 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 October 2022 sale price of £707,500 represented a fair market value for the property.
• The size, condition, and specification of 2 GRANGE CLOSE has not materially changed since October 2022.

How Large is 2 GRANGE CLOSE?

2 GRANGE CLOSE is 161m², which includes one extension, according to the EPC inspection conducted in March 2022. This puts it in the largest 40% of detached houses houses in Lympstone, based on EPC data. The below chart shows the distribution of detached houses houses by size in Lympstone, and where 2 GRANGE CLOSE lies on this distribution: 62% of detached houses houses are smaller than 2 GRANGE CLOSE, and 38% of houses are larger. Note that EPC data is not available for all properties in Lympstone.

2 GRANGE CLOSE: Plot and Title Map

2 GRANGE CLOSE sits on a plot of roughly 0.108 of an acre, or 436m². 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 LYMPSTONE, in the EX8 postcode district. The below map shows the position of No. 2 on GRANGE CLOSE.