3, CHELTENHAM CLOSE, EXETER, EX4 2EL - £293,500

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.

3 CHELTENHAM CLOSE is a very large detached house of 167m², built sometime between 1976 and 1982, which could now be worth an estimated £392,175. It was last sold for £293,500 in September 2016, which was around 28% below the average September 2016 detached price in the Exeter local authority area. The most recent EPC inspection was August 2013, where the current energy rating was D, and the potential energy rating was C.

3 CHELTENHAM CLOSE Sold Prices

Land registry data shows two sales for 3 CHELTENHAM 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 Exeter local authority area for the corresponding sale date. Both of the two 3 CHELTENHAM CLOSE 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
2016 16 SEP	£293,500	£404,877	28% below HPI
2006 30 JUN	£279,950	£299,391	6% below HPI

3 CHELTENHAM CLOSE 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 3 CHELTENHAM CLOSE sales from June 2006 and September 2016 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 2006 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the September 2016 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

What might 3 CHELTENHAM CLOSE be worth now?

3 CHELTENHAM CLOSE might now be worth an estimated £392,175.

This is based on house price inflation of 33.6%, between September 2016 and February 2025, for detached houses, in the Exeter local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 33.6% inflationary increase is applied to the most recent sale price for 3 CHELTENHAM CLOSE of £293,500 on 16th September 2016. For the value to have increased from £293,500 to £392,175 over the nine years and seven months to February 2025, the following assumptions must hold true:

• The value of 3 CHELTENHAM CLOSE has moved in line with the HPI for detached houses in the Exeter local authority area.
• The September 2016 sale price of £293,500 represented a fair market value for the property.
• The size, condition, and specification of 3 CHELTENHAM CLOSE has not materially changed since September 2016.

How Large is 3 CHELTENHAM CLOSE?

3 CHELTENHAM CLOSE is 167m² according to the EPC inspection conducted in August 2013. This puts it in the largest 20% of detached houses houses in Exeter, based on EPC data. The below chart shows the distribution of detached houses houses by size in Exeter, and where 3 CHELTENHAM CLOSE lies on this distribution: 84% of detached houses houses are smaller than 3 CHELTENHAM CLOSE, and 15% of houses are larger. Note that EPC data is not available for all properties in Exeter.

3 CHELTENHAM CLOSE: Plot and Title Map

3 CHELTENHAM CLOSE sits on a plot of roughly 0.079 of an acre, or 320m². The below map shows the location of 3 CHELTENHAM 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 3 CHELTENHAM 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 3 CHELTENHAM CLOSE?

3 CHELTENHAM CLOSE is located in EXETER, in the EX4 postcode district. The below map shows the position of No. 3 on CHELTENHAM CLOSE.