31, ESSINGTON CLOSE, EXMOUTH, EX8 4QY - £199,950

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.

31 ESSINGTON CLOSE is a very small detached house of 72m², built sometime between 1950 and 1966, which could now be worth an estimated £321,743. It was last sold for £199,950 in November 2009, which was around 40% below the average November 2009 detached price in the East Devon local authority area. The most recent EPC inspection was April 2009, where the current energy rating was C, and the potential energy rating was C.

31 ESSINGTON CLOSE Sold Prices

Land registry data shows three sales for 31 ESSINGTON CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the East Devon local authority area for the corresponding sale date. All of the three 31 ESSINGTON 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
2009 24 NOV	£199,950	£335,541	40% below HPI
2001 22 MAR	£92,500	£159,337	42% below HPI
1999 29 OCT	£88,000	£132,487	34% below HPI

31 ESSINGTON 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 three 31 ESSINGTON CLOSE sales between October 1999 and November 2009 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 March 2001 sale was for 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the November 2009 sale, where it rises to 40% below the HPI. The line then continues to track at 40% below the HPI.

What might 31 ESSINGTON CLOSE be worth now?

31 ESSINGTON CLOSE might now be worth an estimated £321,743.

This is based on house price inflation of 60.9%, between November 2009 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 60.9% inflationary increase is applied to the most recent sale price for 31 ESSINGTON CLOSE of £199,950 on 24th November 2009. For the value to have increased from £199,950 to £321,743 over the sixteen years and nine months to February 2025, the following assumptions must hold true:

• The value of 31 ESSINGTON CLOSE has moved in line with the HPI for detached houses in the East Devon local authority area.
• The November 2009 sale price of £199,950 represented a fair market value for the property.
• The size, condition, and specification of 31 ESSINGTON CLOSE has not materially changed since November 2009.

How Large is 31 ESSINGTON CLOSE?

31 ESSINGTON CLOSE is 72m² according to the EPC inspection conducted in April 2009. 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 31 ESSINGTON CLOSE lies on this distribution: 14% of detached houses houses are smaller than 31 ESSINGTON CLOSE, and 86% of houses are larger. Note that EPC data is not available for all properties in Exmouth.

31 ESSINGTON CLOSE: Plot and Title Map

31 ESSINGTON CLOSE sits on a plot of roughly 0.091 of an acre, or 368m². The below map shows the location of 31 ESSINGTON 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 31 ESSINGTON 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 31 ESSINGTON CLOSE?

31 ESSINGTON CLOSE is located in EXMOUTH, in the EX8 postcode district. The below map shows the position of No. 31 on ESSINGTON CLOSE.