29, SOMERSET AVENUE, EXETER, EX4 1LX - £449,750

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

29 SOMERSET AVENUE is a small extended detached house of 98m², built sometime between 1950 and 1966. It was last sold for £449,750 in April 2022, which was around 13% below the average April 2022 detached price in the Exeter local authority area. The most recent EPC inspection was November 2020, where the current energy rating was D, and the potential energy rating was B.

29 SOMERSET AVENUE Sold Prices

Land registry data shows two sales for 29 SOMERSET AVENUE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Exeter local authority area for the corresponding sale date. Both of the two 29 SOMERSET AVENUE 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
2022 7 APR	£449,750	£515,373	13% below HPI
2021 11 JUN	£320,000	£476,598	33% below HPI

29 SOMERSET AVENUE 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 two 29 SOMERSET AVENUE sales from June 2021 and April 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 June 2021 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the April 2022 sale, where it rises to 13% below the HPI. The line then continues to track at 13% below the HPI.

How Large is 29 SOMERSET AVENUE?

29 SOMERSET AVENUE is 98m², which includes one extension, according to the EPC inspection conducted in November 2020. This puts it in the smallest 40% of detached houses in Exeter, based on EPC data. The below chart shows the distribution of detached houses by size in Exeter, and where 29 SOMERSET AVENUE lies on this distribution: 30% of detached houses are smaller than 29 SOMERSET AVENUE, and 69% of houses are larger. Note that EPC data is not available for all properties in Exeter.

29 SOMERSET AVENUE: Plot and Title Map

29 SOMERSET AVENUE sits on a plot of roughly 0.140 of an acre, or 567m². The below map shows the location of 29 SOMERSET 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 29 SOMERSET 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 29 SOMERSET AVENUE?

29 SOMERSET AVENUE is located in EXETER, in the EX4 postcode district. The below map shows the position of No. 29 on SOMERSET AVENUE.