3, HILL DRIVE, EXMOUTH, EX8 4QQ - £220,000

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.

3 HILL DRIVE is a very small detached house of 75m², built sometime between 1950 and 1966, which could now be worth an estimated £271,608. It was last sold for £220,000 in February 2020, which was around 50% below the average February 2020 detached price in the East Devon local authority area. The most recent EPC inspection was October 2015, where the current energy rating was E, and the potential energy rating was C.

3 HILL DRIVE Sold Prices

Land registry data shows five sales for 3 HILL DRIVE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the East Devon local authority area for the corresponding sale date. All of the five 3 HILL DRIVE 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
2020 28 FEB	£220,000	£437,334	50% below HPI
2013 4 NOV	£220,000	£348,249	37% below HPI
2009 17 JUN	£210,000	£311,592	33% below HPI
2007 29 NOV	£225,000	£349,881	36% below HPI
2003 30 SEP	£167,750	£274,407	39% below HPI

3 HILL DRIVE 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 five 3 HILL DRIVE sales between September 2003 and February 2020 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 November 2013 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the February 2020 sale, where it falls to 50% below the HPI. The line then continues to track at 50% below the HPI.

What might 3 HILL DRIVE be worth now?

3 HILL DRIVE might now be worth an estimated £271,608.

This is based on house price inflation of 23.5%, between February 2020 and February 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 23.5% inflationary increase is applied to the most recent sale price for 3 HILL DRIVE of £220,000 on 28th February 2020. For the value to have increased from £220,000 to £271,608 over the five years to February 2025, the following assumptions must hold true:

• The value of 3 HILL DRIVE has moved in line with the HPI for detached houses in the East Devon local authority area.
• The February 2020 sale price of £220,000 represented a fair market value for the property.
• The size, condition, and specification of 3 HILL DRIVE has not materially changed since February 2020.

How Large is 3 HILL DRIVE?

3 HILL DRIVE is 75m² according to the EPC inspection conducted in October 2015. This puts it in the smallest 20% 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 3 HILL DRIVE lies on this distribution: 17% of detached houses houses are smaller than 3 HILL DRIVE, and 83% of houses are larger. Note that EPC data is not available for all properties in Exmouth.

3 HILL DRIVE: Plot and Title Map

3 HILL DRIVE sits on a plot of roughly 0.078 of an acre, or 316m². The below map shows the location of 3 HILL DRIVE, 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 HILL DRIVE). 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 HILL DRIVE?

3 HILL DRIVE is located in EXMOUTH, in the EX8 postcode district. The below map shows the position of No. 3 on HILL DRIVE.