2A, MERRION AVENUE, EXMOUTH, EX8 2HX - £403,000

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.

2A MERRION AVENUE is a large detached house of 126m², built sometime between 1983 and 1990, which could now be worth an estimated £615,287. It was last sold for £403,000 in October 2010, which was around 15% above the average October 2010 detached price in the East Devon local authority area. The most recent EPC inspection was July 2009, where the current energy rating was D, and the potential energy rating was C.

2A MERRION AVENUE Sold Prices

Land registry data shows four sales for 2A MERRION AVENUE 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 2A MERRION 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
2010 29 OCT	£403,000	£350,344	15% above HPI
2006 5 MAY	£382,500	£313,310	22% above HPI
2004 23 JUL	£367,000	£294,649	25% above HPI
2000 17 MAY	£194,000	£148,663	30% above HPI

2A MERRION 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 four 2A MERRION AVENUE sales between May 2000 and October 2010 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 May 2006 sale was for 22% above the HPI. So the extrapolation line tracks at 22% above the HPI over time, until the October 2010 sale, where it falls to 15% above the HPI. The line then continues to track at 15% above the HPI.

What might 2A MERRION AVENUE be worth now?

2A MERRION AVENUE might now be worth an estimated £615,287.

This is based on house price inflation of 52.7%, between October 2010 and March 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 52.7% inflationary increase is applied to the most recent sale price for 2A MERRION AVENUE of £403,000 on 29th October 2010. For the value to have increased from £403,000 to £615,287 over the fifteen years and seven months to March 2025, the following assumptions must hold true:

• The value of 2A MERRION AVENUE has moved in line with the HPI for detached houses in the East Devon local authority area.
• The October 2010 sale price of £403,000 represented a fair market value for the property.
• The size, condition, and specification of 2A MERRION AVENUE has not materially changed since October 2010.

How Large is 2A MERRION AVENUE?

2A MERRION AVENUE is 126m² according to the EPC inspection conducted in July 2009. This puts it in the largest 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 2A MERRION AVENUE lies on this distribution: 67% of detached houses houses are smaller than 2A MERRION AVENUE, and 33% of houses are larger. Note that EPC data is not available for all properties in Exmouth.

2A MERRION AVENUE: Plot and Title Map

2A MERRION AVENUE sits on a plot of roughly 0.154 of an acre, or 625m². The below map shows the location of 2A MERRION 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 2A MERRION 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 2A MERRION AVENUE?

2A MERRION AVENUE is located in EXMOUTH, in the EX8 postcode district. The below map shows the position of No. 2A on MERRION AVENUE.