2, MEADOW CLOSE, LYMPSTONE, EXMOUTH, EX8 5LQ - £512,500

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 MEADOW CLOSE is a small extended detached house of 125m², built sometime between 1967 and 1975, which could now be worth an estimated £521,635. It was last sold for £512,500 in April 2023, which was around 3% below the average April 2023 detached price in the East Devon local authority area. The most recent EPC inspection was January 2023, where the current energy rating was C, and the potential energy rating was B.

2 MEADOW CLOSE Sold Prices

Land registry data shows four sales for 2 MEADOW 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. All of the four 2 MEADOW 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
2023 28 APR	£512,500	£530,470	3% below HPI
2005 21 OCT	£230,000	£299,380	23% below HPI
2005 24 MAR	£230,000	£300,820	24% below HPI
1995 17 FEB	£74,500	£98,819	25% below HPI

2 MEADOW 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 MEADOW CLOSE sales between February 1995 and April 2023 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 2005 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the April 2023 sale, where it rises to 3% below the HPI. The line then continues to track at 3% below the HPI.

What might 2 MEADOW CLOSE be worth now?

2 MEADOW CLOSE might now be worth an estimated £521,635.

This is based on house price inflation of 1.8%, between April 2023 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 1.8% inflationary increase is applied to the most recent sale price for 2 MEADOW CLOSE of £512,500 on 28th April 2023. For the value to have increased from £512,500 to £521,635 over the two years and two months to February 2025, the following assumptions must hold true:

• The value of 2 MEADOW CLOSE has moved in line with the HPI for detached houses in the East Devon local authority area.
• The April 2023 sale price of £512,500 represented a fair market value for the property.
• The size, condition, and specification of 2 MEADOW CLOSE has not materially changed since April 2023.

How Large is 2 MEADOW CLOSE?

2 MEADOW CLOSE is 125m², which includes one extension, according to the EPC inspection conducted in January 2023. This puts it in the smallest 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 MEADOW CLOSE lies on this distribution: 36% of detached houses houses are smaller than 2 MEADOW CLOSE, and 64% of houses are larger. Note that EPC data is not available for all properties in Lympstone.

2 MEADOW CLOSE: Plot and Title Map

2 MEADOW CLOSE sits on a plot of roughly 0.121 of an acre, or 491m². The below map shows the location of 2 MEADOW 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 MEADOW 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 MEADOW CLOSE?

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