3, RECTORY CLOSE, WHIMPLE, EXETER, EX5 2UF - £355,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

3 RECTORY CLOSE is a very small extended detached house of 73m², built sometime between 1976 and 1982. It was last sold for £355,000 in April 2016, which was around 4% below the average April 2016 detached price in the East Devon local authority area. The most recent EPC inspection was February 2016, where the current energy rating was F, and the potential energy rating was D.

3 RECTORY CLOSE Sold Prices

Land registry data shows two sales for 3 RECTORY 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 East Devon local authority area for the corresponding sale date. Both of the two 3 RECTORY 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 12 APR	£355,000	£368,567	4% below HPI
2014 5 NOV	£227,000	£360,630	37% below HPI

3 RECTORY CLOSE 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 two 3 RECTORY CLOSE sales from November 2014 and April 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 November 2014 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the April 2016 sale, where it rises to 4% below the HPI. The line then continues to track at 4% below the HPI.

How Large is 3 RECTORY CLOSE?

3 RECTORY CLOSE is 73m², which includes one extension, according to the EPC inspection conducted in February 2016. This puts it in the smallest 10% of detached houses in Whimple, based on EPC data. The below chart shows the distribution of detached houses by size in Whimple, and where 3 RECTORY CLOSE lies on this distribution: 9% of detached houses are smaller than 3 RECTORY CLOSE, and 91% of houses are larger. Note that EPC data is not available for all properties in Whimple.

3 RECTORY CLOSE: Plot and Title Map

3 RECTORY CLOSE sits on a plot of roughly 0.087 of an acre, or 352m². The below map shows the location of 3 RECTORY 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 RECTORY 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 RECTORY CLOSE?

3 RECTORY CLOSE is located in WHIMPLE, in the EX5 postcode district. The below map shows the position of No. 3 on RECTORY CLOSE.