31, PALMERSTON DRIVE, EXETER, EX4 2JA - £145,000

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.

31 PALMERSTON DRIVE is a very small semi-detached house of 41m², built sometime between 1976 and 1982, which could now be worth an estimated £188,126. It was last sold for £145,000 in September 2017, which was around 48% below the average September 2017 semi-detached price in the Exeter local authority area. The most recent EPC inspection was November 2013, where the current energy rating was D, and the potential energy rating was B.

31 PALMERSTON DRIVE Sold Prices

Land registry data shows seven sales for 31 PALMERSTON DRIVE since 1^st January 1995. The below table shows the price paid for the seven sales, along with the average semi-detached price in the Exeter local authority area for the corresponding sale date. All of the seven 31 PALMERSTON 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
2017 29 SEP	£145,000	£276,924	48% below HPI
2012 24 AUG	£126,500	£214,770	41% below HPI
2007 13 APR	£129,950	£213,727	39% below HPI
2005 18 MAR	£110,000	£186,111	41% below HPI
2002 19 JUL	£75,950	£127,759	41% below HPI
2000 3 NOV	£52,000	£90,273	42% below HPI
1998 25 SEP	£42,950	£66,316	35% below HPI

31 PALMERSTON DRIVE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Exeter local authority area over time, sourced from the HPI. The seven 31 PALMERSTON DRIVE sales between September 1998 and September 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 August 2012 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the September 2017 sale, where it falls to 48% below the HPI. The line then continues to track at 48% below the HPI.

What might 31 PALMERSTON DRIVE be worth now?

31 PALMERSTON DRIVE might now be worth an estimated £188,126.

This is based on house price inflation of 29.7%, between September 2017 and February 2025, for semi-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 29.7% inflationary increase is applied to the most recent sale price for 31 PALMERSTON DRIVE of £145,000 on 29th September 2017. For the value to have increased from £145,000 to £188,126 over the eight years and seven months to February 2025, the following assumptions must hold true:

• The value of 31 PALMERSTON DRIVE has moved in line with the HPI for semi-detached houses in the Exeter local authority area.
• The September 2017 sale price of £145,000 represented a fair market value for the property.
• The size, condition, and specification of 31 PALMERSTON DRIVE has not materially changed since September 2017.

How Large is 31 PALMERSTON DRIVE?

31 PALMERSTON DRIVE is 41m² according to the EPC inspection conducted in November 2013. This puts it in the smallest 10% of semi-detached houses houses in Exeter, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Exeter, and where 31 PALMERSTON DRIVE lies on this distribution: Less than 1% of semi-detached houses houses are smaller than 31 PALMERSTON DRIVE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Exeter.

31 PALMERSTON DRIVE: Plot and Title Map

31 PALMERSTON DRIVE sits on a plot of roughly 0.030 of an acre, or 123m². The below map shows the location of 31 PALMERSTON 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 31 PALMERSTON 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 31 PALMERSTON DRIVE?

31 PALMERSTON DRIVE is located in EXETER, in the EX4 postcode district. The below map shows the position of No. 31 on PALMERSTON DRIVE.