2, MILTON CLOSE, EXMOUTH, EX8 5SS - £305,000

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 MILTON CLOSE is a small detached house of 88m², built sometime between 2003 and 2006, which could now be worth an estimated £366,873. It was last sold for £305,000 in March 2019, which was around 32% below the average March 2019 detached price in the East Devon local authority area. The most recent EPC inspection was February 2015, where the current energy rating was D, and the potential energy rating was B.

2 MILTON CLOSE Sold Prices

Land registry data shows two sales for 2 MILTON CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the East Devon local authority area for the corresponding sale date. Both of the two 2 MILTON 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
2019 15 MAR	£305,000	£448,867	32% below HPI
2004 7 DEC	£209,500	£299,280	30% below HPI

2 MILTON 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 two 2 MILTON CLOSE sales from December 2004 and March 2019 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 March 2019 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.

What might 2 MILTON CLOSE be worth now?

2 MILTON CLOSE might now be worth an estimated £366,873.

This is based on house price inflation of 20.3%, between March 2019 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 20.3% inflationary increase is applied to the most recent sale price for 2 MILTON CLOSE of £305,000 on 15th March 2019. For the value to have increased from £305,000 to £366,873 over the six years and one month to February 2025, the following assumptions must hold true:

• The value of 2 MILTON CLOSE has moved in line with the HPI for detached houses in the East Devon local authority area.
• The March 2019 sale price of £305,000 represented a fair market value for the property.
• The size, condition, and specification of 2 MILTON CLOSE has not materially changed since March 2019.

How Large is 2 MILTON CLOSE?

2 MILTON CLOSE is 88m² according to the EPC inspection conducted in February 2015. This puts it in the smallest 30% of detached houses houses in Exmouth, based on EPC data. The below chart shows the distribution of detached houses houses by size in Exmouth, and where 2 MILTON CLOSE lies on this distribution: 30% of detached houses houses are smaller than 2 MILTON CLOSE, and 70% of houses are larger. Note that EPC data is not available for all properties in Exmouth.

2 MILTON CLOSE: Plot and Title Map

2 MILTON CLOSE sits on a plot of roughly 0.069 of an acre, or 281m². The below map shows the location of 2 MILTON 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 MILTON 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 MILTON CLOSE?

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