20, PORT MER CLOSE, EXMOUTH, EX8 5RF - £247,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

20 PORT MER CLOSE is a small detached house of 90m², built sometime between 1996 and 2002, which could now be worth an estimated £383,253. It was last sold for £247,000 in May 2014, which was around 29% below the average May 2014 detached price in the East Devon local authority area. The most recent EPC inspection was February 2010, where the current energy rating was D, and the potential energy rating was C.

20 PORT MER CLOSE Sold Prices

Land registry data shows four sales for 20 PORT MER 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 20 PORT MER 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
2014 19 MAY	£247,000	£347,972	29% below HPI
2007 23 MAR	£243,000	£325,283	25% below HPI
2002 16 AUG	£175,500	£225,767	22% below HPI
1999 30 JUL	£94,950	£124,519	24% below HPI

20 PORT MER 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 20 PORT MER CLOSE sales between July 1999 and May 2014 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 March 2007 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the May 2014 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.

What might 20 PORT MER CLOSE be worth now?

20 PORT MER CLOSE might now be worth an estimated £383,253.

This is based on house price inflation of 55.2%, between May 2014 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 55.2% inflationary increase is applied to the most recent sale price for 20 PORT MER CLOSE of £247,000 on 19th May 2014. For the value to have increased from £247,000 to £383,253 over the eleven years and three months to February 2025, the following assumptions must hold true:

• The value of 20 PORT MER CLOSE has moved in line with the HPI for detached houses in the East Devon local authority area.
• The May 2014 sale price of £247,000 represented a fair market value for the property.
• The size, condition, and specification of 20 PORT MER CLOSE has not materially changed since May 2014.

How Large is 20 PORT MER CLOSE?

20 PORT MER CLOSE is 90m² according to the EPC inspection conducted in February 2010. 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 20 PORT MER CLOSE lies on this distribution: 32% of detached houses houses are smaller than 20 PORT MER CLOSE, and 68% of houses are larger. Note that EPC data is not available for all properties in Exmouth.

20 PORT MER CLOSE: Plot and Title Map

20 PORT MER CLOSE sits on a plot of roughly 0.051 of an acre, or 206m². The below map shows the location of 20 PORT MER 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 20 PORT MER 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 20 PORT MER CLOSE?

20 PORT MER CLOSE is located in EXMOUTH, in the EX8 postcode district. The below map shows the position of No. 20 on PORT MER CLOSE.