3, CREELY CLOSE, EXETER, EX2 8GD - £339,000

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

3 CREELY CLOSE is a small detached house of 92m², built sometime between 1983 and 1990, which could now be worth an estimated £407,615. It was last sold for £339,000 in October 2018, which was around 25% below the average October 2018 detached price in the Exeter local authority area. The most recent EPC inspection was July 2018, where the current energy rating was C, and the potential energy rating was B.

3 CREELY CLOSE Sold Prices

Land registry data shows two sales for 3 CREELY 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 CREELY 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
2018 12 OCT	£339,000	£449,929	25% below HPI
1998 28 AUG	£88,950	£111,398	20% below HPI

3 CREELY 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 CREELY CLOSE sales from August 1998 and October 2018 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 August 1998 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the October 2018 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

What might 3 CREELY CLOSE be worth now?

3 CREELY CLOSE might now be worth an estimated £407,615.

This is based on house price inflation of 20.2%, between October 2018 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 20.2% inflationary increase is applied to the most recent sale price for 3 CREELY CLOSE of £339,000 on 12th October 2018. For the value to have increased from £339,000 to £407,615 over the seven years and eight months to February 2025, the following assumptions must hold true:

• The value of 3 CREELY CLOSE has moved in line with the HPI for detached houses in the Exeter local authority area.
• The October 2018 sale price of £339,000 represented a fair market value for the property.
• The size, condition, and specification of 3 CREELY CLOSE has not materially changed since October 2018.

How Large is 3 CREELY CLOSE?

3 CREELY CLOSE is 92m² according to the EPC inspection conducted in July 2018. This puts it in the smallest 30% 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 CREELY CLOSE lies on this distribution: 25% of detached houses houses are smaller than 3 CREELY CLOSE, and 75% of houses are larger. Note that EPC data is not available for all properties in Exeter.

3 CREELY CLOSE: Plot and Title Map

3 CREELY CLOSE sits on a plot of roughly 0.066 of an acre, or 268m². The below map shows the location of 3 CREELY 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 CREELY 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 CREELY CLOSE?

3 CREELY CLOSE is located in EXETER, in the EX2 postcode district. The below map shows the position of No. 3 on CREELY CLOSE.