2, HILL LANE, EXETER, EX1 3JP - £240,000

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 HILL LANE is a very small detached house of 76m², built sometime between 1950 and 1966. It was last sold for £240,000 in December 2013, which was around 32% below the average December 2013 detached price in the Exeter local authority area. The most recent EPC inspection was August 2013, where the current energy rating was D, and the potential energy rating was B.

2 HILL LANE Sold Prices

Land registry data shows three sales for 2 HILL LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Exeter local authority area for the corresponding sale date. All of the three 2 HILL LANE sales 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
2013 6 DEC	£240,000	£350,805	32% below HPI
2004 9 DEC	£213,000	£305,036	30% below HPI
1998 12 JUN	£66,000	£111,033	41% below HPI

2 HILL LANE 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 three 2 HILL LANE sales between June 1998 and December 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 December 2004 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the December 2013 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.

How Large is 2 HILL LANE?

2 HILL LANE is 76m² according to the EPC inspection conducted in August 2013. This puts it in the smallest 20% 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 HILL LANE lies on this distribution: 10% of detached houses are smaller than 2 HILL LANE, and 89% of houses are larger. Note that EPC data is not available for all properties in Exeter.

2 HILL LANE: Plot and Title Map

2 HILL LANE sits on a plot of roughly 0.104 of an acre, or 423m². The below map shows the location of 2 HILL LANE, 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 HILL LANE). 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 HILL LANE?

2 HILL LANE is located in EXETER, in the EX1 postcode district. The below map shows the position of No. 2 on HILL LANE.