23, PORT MER CLOSE, EXMOUTH, EX8 5RF - £300,000

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.

23 PORT MER CLOSE is a very small semi-detached house of 70m², built sometime between 1996 and 2002, which could now be worth an estimated £325,878. It was last sold for £300,000 in June 2022, which was around 4% below the average June 2022 semi-detached price in the East Devon local authority area. The most recent EPC inspection was May 2021, where the current energy rating was C, and the potential energy rating was B.

23 PORT MER CLOSE Sold Prices

Land registry data shows five sales for 23 PORT MER CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average semi-detached price in the East Devon local authority area for the corresponding sale date. The five 23 PORT MER CLOSE sales were a mix of below the average price, roughly equal to the average price, and 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
2022 13 JUN	£300,000	£311,625	4% below HPI
2009 18 SEP	£180,000	£202,976	11% below HPI
2005 19 AUG	£194,000	£188,296	3% above HPI
2003 15 JUL	£158,000	£158,337	Close to HPI
1999 30 APR	£70,450	£71,369	1% below HPI

23 PORT MER CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the East Devon local authority area over time, sourced from the HPI. The five 23 PORT MER CLOSE sales between April 1999 and June 2022 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 September 2009 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the June 2022 sale, where it rises to 4% below the HPI. The line then continues to track at 4% below the HPI.

What might 23 PORT MER CLOSE be worth now?

23 PORT MER CLOSE might now be worth an estimated £325,878.

This is based on house price inflation of 8.6%, between June 2022 and February 2025, for semi-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 8.6% inflationary increase is applied to the most recent sale price for 23 PORT MER CLOSE of £300,000 on 13th June 2022. For the value to have increased from £300,000 to £325,878 over the three years and four months to February 2025, the following assumptions must hold true:

• The value of 23 PORT MER CLOSE has moved in line with the HPI for semi-detached houses in the East Devon local authority area.
• The June 2022 sale price of £300,000 represented a fair market value for the property.
• The size, condition, and specification of 23 PORT MER CLOSE has not materially changed since June 2022.

How Large is 23 PORT MER CLOSE?

23 PORT MER CLOSE is 70m² according to the EPC inspection conducted in May 2021. This puts it in the smallest 20% of semi-detached houses houses in Exmouth, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Exmouth, and where 23 PORT MER CLOSE lies on this distribution: 11% of semi-detached houses houses are smaller than 23 PORT MER CLOSE, and 88% of houses are larger. Note that EPC data is not available for all properties in Exmouth.

23 PORT MER CLOSE: Plot and Title Map

23 PORT MER CLOSE sits on a plot of roughly 0.069 of an acre, or 279m². The below map shows the location of 23 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 23 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 23 PORT MER CLOSE?

23 PORT MER CLOSE is located in EXMOUTH, in the EX8 postcode district. The below map shows the position of No. 23 on PORT MER CLOSE.