22, PENNY CLOSE, EXMINSTER, EXETER, EX6 8SU - £327,000

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.

22 PENNY CLOSE is a large detached house of 120m², built sometime between 1991 and 1995, which could now be worth an estimated £527,755. It was last sold for £327,000 in August 2012, which was around 13% above the average August 2012 detached price in the Teignbridge local authority area. The most recent EPC inspection was May 2012, where the current energy rating was D, and the potential energy rating was B.

22 PENNY CLOSE Sold Prices

Land registry data shows two sales for 22 PENNY 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 Teignbridge local authority area for the corresponding sale date. Both of the two 22 PENNY CLOSE sales 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
2012 23 AUG	£327,000	£289,643	13% above HPI
2005 21 MAR	£305,000	£272,349	12% above HPI

22 PENNY CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Teignbridge local authority area over time, sourced from the HPI. The two 22 PENNY CLOSE sales from March 2005 and August 2012 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 2005 sale was for 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the August 2012 sale, where it rises to 13% above the HPI. The line then continues to track at 13% above the HPI.

What might 22 PENNY CLOSE be worth now?

22 PENNY CLOSE might now be worth an estimated £527,755.

This is based on house price inflation of 61.4%, between August 2012 and February 2025, for detached houses, in the Teignbridge local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 61.4% inflationary increase is applied to the most recent sale price for 22 PENNY CLOSE of £327,000 on 23rd August 2012. For the value to have increased from £327,000 to £527,755 over the thirteen years and six months to February 2025, the following assumptions must hold true:

• The value of 22 PENNY CLOSE has moved in line with the HPI for detached houses in the Teignbridge local authority area.
• The August 2012 sale price of £327,000 represented a fair market value for the property.
• The size, condition, and specification of 22 PENNY CLOSE has not materially changed since August 2012.

How Large is 22 PENNY CLOSE?

22 PENNY CLOSE is 120m² according to the EPC inspection conducted in May 2012. This puts it in the largest 40% of detached houses houses in Exminster, based on EPC data. The below chart shows the distribution of detached houses houses by size in Exminster, and where 22 PENNY CLOSE lies on this distribution: 63% of detached houses houses are smaller than 22 PENNY CLOSE, and 37% of houses are larger. Note that EPC data is not available for all properties in Exminster.

22 PENNY CLOSE: Plot and Title Map

22 PENNY CLOSE sits on a plot of roughly 0.119 of an acre, or 480m². The below map shows the location of 22 PENNY 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 22 PENNY 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 22 PENNY CLOSE?

22 PENNY CLOSE is located in EXMINSTER, in the EX6 postcode district. The below map shows the position of No. 22 on PENNY CLOSE.