2, SHALES ROAD, EXETER, EX4 8FW - £480,000

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 SHALES ROAD is a midsized detached house of 125m². It was last sold for £480,000 in December 2023, which was around 12% below the average December 2023 detached price in the Exeter local authority area. The most recent EPC inspection was December 2013, where the current energy rating was B, and the potential energy rating was B.

2 SHALES ROAD Sold Prices

Land registry data shows two sales for 2 SHALES ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Exeter local authority area for the corresponding sale date. Both of the two 2 SHALES ROAD 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 8 DEC	£480,000	£543,542	12% below HPI
2014 14 FEB	£345,995	£359,746	4% below HPI

2 SHALES ROAD 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 two 2 SHALES ROAD sales from February 2014 and December 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 February 2014 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the December 2023 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is 2 SHALES ROAD?

2 SHALES ROAD is 125m² according to the EPC inspection conducted in December 2013. This puts it in the largest 50% 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 SHALES ROAD lies on this distribution: 58% of detached houses are smaller than 2 SHALES ROAD, and 41% of houses are larger. Note that EPC data is not available for all properties in Exeter.

2 SHALES ROAD: Plot and Title Map

2 SHALES ROAD sits on a plot of roughly 0.062 of an acre, or 251m². The below map shows the location of 2 SHALES ROAD, 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 SHALES ROAD). 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 SHALES ROAD?

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