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

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

2 MEADOW CLOSE is a small extended detached house of 125m², built sometime between 1967 and 1975. It was last sold for £512,500 in April 2023, which was around 1% 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	£515,295	1% below HPI
2005 21 OCT	£230,000	£290,816	21% below HPI
2005 24 MAR	£230,000	£292,214	21% below HPI
1995 17 FEB	£74,500	£95,992	22% 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 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the April 2023 sale, where it rises to 1% below the HPI. The line then continues to track at 1% below the HPI.

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 in Lympstone, based on EPC data. The below chart shows the distribution of detached houses by size in Lympstone, and where 2 MEADOW CLOSE lies on this distribution: 36% of detached 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.