2, HIGHER ABOVEWAY, EXMINSTER, EXETER, EX6 8BW - £279,500

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 HIGHER ABOVEWAY is a small semi-detached house of 98m², built sometime between 1930 and 1949, which could now be worth an estimated £421,879. It was last sold for £279,500 in August 2014, which was around 36% above the average August 2014 semi-detached price in the Teignbridge local authority area. The most recent EPC inspection was February 2016, where the current energy rating was D, and the potential energy rating was C.

2 HIGHER ABOVEWAY Sold Prices

Land registry data shows three sales for 2 HIGHER ABOVEWAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Teignbridge local authority area for the corresponding sale date. All of the three 2 HIGHER ABOVEWAY 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
2014 1 AUG	£279,500	£205,231	36% above HPI
2006 16 OCT	£226,000	£194,347	16% above HPI
1997 6 MAY	£68,700	£55,618	24% above HPI

2 HIGHER ABOVEWAY Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Teignbridge local authority area over time, sourced from the HPI. The three 2 HIGHER ABOVEWAY sales between May 1997 and August 2014 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 October 2006 sale was for 16% above the HPI. So the extrapolation line tracks at 16% above the HPI over time, until the August 2014 sale, where it rises to 36% above the HPI. The line then continues to track at 36% above the HPI.

What might 2 HIGHER ABOVEWAY be worth now?

2 HIGHER ABOVEWAY might now be worth an estimated £421,879.

This is based on house price inflation of 50.9%, between August 2014 and February 2025, for semi-detached houses, in the Teignbridge local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 50.9% inflationary increase is applied to the most recent sale price for 2 HIGHER ABOVEWAY of £279,500 on 1st August 2014. For the value to have increased from £279,500 to £421,879 over the eleven years and six months to February 2025, the following assumptions must hold true:

• The value of 2 HIGHER ABOVEWAY has moved in line with the HPI for semi-detached houses in the Teignbridge local authority area.
• The August 2014 sale price of £279,500 represented a fair market value for the property.
• The size, condition, and specification of 2 HIGHER ABOVEWAY has not materially changed since August 2014.

How Large is 2 HIGHER ABOVEWAY?

2 HIGHER ABOVEWAY is 98m² according to the EPC inspection conducted in February 2016. This puts it in the smallest 40% of semi-detached houses houses in Exminster, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Exminster, and where 2 HIGHER ABOVEWAY lies on this distribution: 32% of semi-detached houses houses are smaller than 2 HIGHER ABOVEWAY, and 67% of houses are larger. Note that EPC data is not available for all properties in Exminster.

2 HIGHER ABOVEWAY: Plot and Title Map

2 HIGHER ABOVEWAY sits on a plot of roughly 0.131 of an acre, or 532m². The below map shows the location of 2 HIGHER ABOVEWAY, 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 HIGHER ABOVEWAY). 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 HIGHER ABOVEWAY?

2 HIGHER ABOVEWAY is located in EXMINSTER, in the EX6 postcode district. The below map shows the position of No. 2 on HIGHER ABOVEWAY.