2, ILEX CLOSE, EXETER, EX4 9JZ - £325,000

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 ILEX CLOSE is a very small semi-detached house of 74m², built sometime between 1983 and 1990. It was last sold for £325,000 in February 2024, which was around 6% below the average February 2024 semi-detached price in the Exeter local authority area. The most recent EPC inspection was May 2015, where the current energy rating was D, and the potential energy rating was B.

2 ILEX CLOSE Sold Prices

Land registry data shows four sales for 2 ILEX CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Exeter local authority area for the corresponding sale date. Most of the four 2 ILEX CLOSE 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
2024 23 FEB	£325,000	£347,230	6% below HPI
2018 18 MAY	£250,000	£278,892	10% below HPI
2015 10 JUL	£200,000	£243,838	18% below HPI
2001 16 FEB	£91,000	£89,309	2% above HPI

2 ILEX CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Exeter local authority area over time, sourced from the HPI. The four 2 ILEX CLOSE sales between February 2001 and February 2024 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 May 2018 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the February 2024 sale, where it rises to 6% below the HPI. The line then continues to track at 6% below the HPI.

What might 2 ILEX CLOSE be worth now?

2 ILEX CLOSE might now be worth an estimated £334,850.

This is based on house price inflation of 3%, between February 2024 and December 2024, for semi-detached houses, in the Exeter local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 3% inflationary increase is applied to the most recent sale price for 2 ILEX CLOSE of £325,000 on 23rd February 2024. For the value to have increased from £325,000 to £334,850 over the two months to December 2024, the following assumptions must hold true:

• The value of 2 ILEX CLOSE has moved in line with the HPI for semi-detached houses in the Exeter local authority area.
• The February 2024 sale price of £325,000 represented a fair market value for the property.
• The size, condition, and specification of 2 ILEX CLOSE has not materially changed since February 2024.

How Large is 2 ILEX CLOSE?

2 ILEX CLOSE is 74m² according to the EPC inspection conducted in May 2015. This puts it in the smallest 10% of semi-detached houses houses in Exeter, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Exeter, and where 2 ILEX CLOSE lies on this distribution: 9% of semi-detached houses houses are smaller than 2 ILEX CLOSE, and 91% of houses are larger. Note that EPC data is not available for all properties in Exeter.

2 ILEX CLOSE: Plot and Title Map

2 ILEX CLOSE sits on a plot of roughly 0.053 of an acre, or 214m². The below map shows the location of 2 ILEX 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 ILEX 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 ILEX CLOSE?

2 ILEX CLOSE is located in EXETER, in the EX4 postcode district. The below map shows the position of No. 2 on ILEX CLOSE.