27A, DRAKES AVENUE, EXMOUTH, EX8 4AD - £410,000

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

27A DRAKES AVENUE is a large detached house of 145m², built sometime between 1983 and 1990. It was last sold for £410,000 in June 2008, which was around 20% above the average June 2008 detached price in the East Devon local authority area. The most recent EPC inspection was December 2014, where the current energy rating was D, and the potential energy rating was B.

27A DRAKES AVENUE Sold Prices

Land registry data shows three sales for 27A DRAKES AVENUE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the East Devon local authority area for the corresponding sale date. All of the three 27A DRAKES AVENUE 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
2008 16 JUN	£410,000	£340,823	20% above HPI
2001 2 MAR	£227,000	£159,337	42% above HPI
1995 6 OCT	£133,000	£95,882	39% above HPI

27A DRAKES AVENUE 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 three 27A DRAKES AVENUE sales between October 1995 and June 2008 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 2001 sale was for 42% above the HPI. So the extrapolation line tracks at 42% above the HPI over time, until the June 2008 sale, where it falls to 20% above the HPI. The line then continues to track at 20% above the HPI.

What might 27A DRAKES AVENUE be worth now?

27A DRAKES AVENUE might now be worth an estimated £653,108.

This is based on house price inflation of 59.3%, between June 2008 and December 2024, 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 59.3% inflationary increase is applied to the most recent sale price for 27A DRAKES AVENUE of £410,000 on 16th June 2008. For the value to have increased from £410,000 to £653,108 over the fifteen years and six months to December 2024, the following assumptions must hold true:

• The value of 27A DRAKES AVENUE has moved in line with the HPI for detached houses in the East Devon local authority area.
• The June 2008 sale price of £410,000 represented a fair market value for the property.
• The size, condition, and specification of 27A DRAKES AVENUE has not materially changed since June 2008.

How Large is 27A DRAKES AVENUE?

27A DRAKES AVENUE is 145m² according to the EPC inspection conducted in December 2014. This puts it in the largest 30% 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 27A DRAKES AVENUE lies on this distribution: 78% of detached houses houses are smaller than 27A DRAKES AVENUE, and 22% of houses are larger. Note that EPC data is not available for all properties in Exmouth.

27A DRAKES AVENUE: Plot and Title Map

27A DRAKES AVENUE sits on a plot of roughly 0.220 of an acre, or 891m². The below map shows the location of 27A DRAKES AVENUE, 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 27A DRAKES AVENUE). 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 27A DRAKES AVENUE?

27A DRAKES AVENUE is located in EXMOUTH, in the EX8 postcode district. The below map shows the position of No. 27A on DRAKES AVENUE.