3, ROYAL CLOSE, EXETER, EX2 8AE - £351,000

3 ROYAL CLOSE is a very small detached house of 76m², built sometime between 1991 and 1995. It was last sold for £351,000 in December 2017, which was around 20% below the average December 2017 detached price in the Exeter local authority area. The most recent EPC inspection was October 2017, where the current energy rating was D, and the potential energy rating was B.

3 ROYAL CLOSE Sold Prices

Land registry data shows two sales for 3 ROYAL 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 ROYAL 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
2017 11 DEC	£351,000	£438,122	20% below HPI
2014 21 MAY	£263,000	£359,879	27% below HPI

3 ROYAL 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 ROYAL CLOSE sales from May 2014 and December 2017 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 2014 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the December 2017 sale, where it rises to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 3 ROYAL CLOSE?

3 ROYAL CLOSE is 76m² according to the EPC inspection conducted in October 2017. This puts it in the smallest 20% of detached houses in Exeter, based on EPC data. The below chart shows the distribution of detached houses by size in Exeter, and where 3 ROYAL CLOSE lies on this distribution: 10% of detached houses are smaller than 3 ROYAL CLOSE, and 89% of houses are larger. Note that EPC data is not available for all properties in Exeter.

3 ROYAL CLOSE: Plot and Title Map

3 ROYAL CLOSE sits on a plot of roughly 0.103 of an acre, or 415m². The below map shows the location of 3 ROYAL 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 ROYAL 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 ROYAL CLOSE?

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