2, THE PANNEY, EXETER, EX4 8QT - £425,000

2 THE PANNEY is a very large extended detached house of 159m², built sometime between 1983 and 1990. It was last sold for £425,000 in May 2019, which was around 6% below the average May 2019 detached price in the Exeter local authority area. The most recent EPC inspection was October 2016, where the current energy rating was C, and the potential energy rating was B.

2 THE PANNEY Sold Prices

Land registry data shows four sales for 2 THE PANNEY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Exeter local authority area for the corresponding sale date. two of the four 2 THE PANNEY sales were for below the average price, and four were for above 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 22 MAY	£425,000	£450,471	6% below HPI
2007 1 OCT	£270,000	£341,162	21% below HPI
2001 5 NOV	£194,000	£189,285	2% above HPI
1996 3 SEP	£99,350	£98,102	1% above HPI

2 THE PANNEY 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 four 2 THE PANNEY sales between September 1996 and May 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 October 2007 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the May 2019 sale, where it rises to 6% below the HPI. The line then continues to track at 6% below the HPI.

How Large is 2 THE PANNEY?

2 THE PANNEY is 159m², which includes one extension, according to the EPC inspection conducted in October 2016. This puts it in the largest 20% 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 THE PANNEY lies on this distribution: 82% of detached houses are smaller than 2 THE PANNEY, and 18% of houses are larger. Note that EPC data is not available for all properties in Exeter.

2 THE PANNEY: Plot and Title Map

2 THE PANNEY sits on a plot of roughly 0.081 of an acre, or 327m². The below map shows the location of 2 THE PANNEY, 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 THE PANNEY). 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 THE PANNEY?

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