2, SOUTHERN WOOD, EXMOUTH, EX8 4EX - £285,000

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 SOUTHERN WOOD is a small extended detached house of 89m², built sometime between 1976 and 1982, which could now be worth an estimated £350,611. It was last sold for £285,000 in December 2018, which was around 35% below the average December 2018 detached price in the East Devon local authority area. The most recent EPC inspection was August 2015, where the current energy rating was D, and the potential energy rating was B.

2 SOUTHERN WOOD Sold Prices

Land registry data shows two sales for 2 SOUTHERN WOOD 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 SOUTHERN WOOD 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
2018 17 DEC	£285,000	£438,887	35% below HPI
2006 24 AUG	£217,500	£316,283	31% below HPI

2 SOUTHERN WOOD 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 SOUTHERN WOOD sales from August 2006 and December 2018 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 August 2006 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the December 2018 sale, where it falls to 35% below the HPI. The line then continues to track at 35% below the HPI.

What might 2 SOUTHERN WOOD be worth now?

2 SOUTHERN WOOD might now be worth an estimated £350,611.

This is based on house price inflation of 23%, between December 2018 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 23% inflationary increase is applied to the most recent sale price for 2 SOUTHERN WOOD of £285,000 on 17th December 2018. For the value to have increased from £285,000 to £350,611 over the seven years and ten months to February 2025, the following assumptions must hold true:

• The value of 2 SOUTHERN WOOD has moved in line with the HPI for detached houses in the East Devon local authority area.
• The December 2018 sale price of £285,000 represented a fair market value for the property.
• The size, condition, and specification of 2 SOUTHERN WOOD has not materially changed since December 2018.

How Large is 2 SOUTHERN WOOD?

2 SOUTHERN WOOD is 89m², which includes two extensions, according to the EPC inspection conducted in August 2015. This puts it in the smallest 40% 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 SOUTHERN WOOD lies on this distribution: 31% of detached houses houses are smaller than 2 SOUTHERN WOOD, and 69% of houses are larger. Note that EPC data is not available for all properties in Exmouth.

2 SOUTHERN WOOD: Plot and Title Map

2 SOUTHERN WOOD sits on a plot of roughly 0.071 of an acre, or 287m². The below map shows the location of 2 SOUTHERN WOOD, 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 SOUTHERN WOOD). 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 SOUTHERN WOOD?

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