32, DRAKES AVENUE, EXMOUTH, EX8 4AF - £347,500

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.

32 DRAKES AVENUE is a midsized extended detached house of 117m², built sometime between 1976 and 1982, which could now be worth an estimated £435,537. It was last sold for £347,500 in January 2020, which was around 19% below the average January 2020 detached price in the East Devon local authority area. The most recent EPC inspection was August 2010, where the current energy rating was D, and the potential energy rating was C.

32 DRAKES AVENUE Sold Prices

Land registry data shows three sales for 32 DRAKES AVENUE 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 32 DRAKES AVENUE 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 23 JAN	£347,500	£430,788	19% below HPI
2012 24 APR	£268,000	£339,437	21% below HPI
2009 2 JUN	£275,000	£311,592	12% below HPI

32 DRAKES AVENUE 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 32 DRAKES AVENUE sales between June 2009 and January 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 April 2012 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the January 2020 sale, where it rises to 19% below the HPI. The line then continues to track at 19% below the HPI.

What might 32 DRAKES AVENUE be worth now?

32 DRAKES AVENUE might now be worth an estimated £435,537.

This is based on house price inflation of 25.3%, between January 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 25.3% inflationary increase is applied to the most recent sale price for 32 DRAKES AVENUE of £347,500 on 23rd January 2020. For the value to have increased from £347,500 to £435,537 over the four years and eleven months to February 2025, the following assumptions must hold true:

• The value of 32 DRAKES AVENUE has moved in line with the HPI for detached houses in the East Devon local authority area.
• The January 2020 sale price of £347,500 represented a fair market value for the property.
• The size, condition, and specification of 32 DRAKES AVENUE has not materially changed since January 2020.

How Large is 32 DRAKES AVENUE?

32 DRAKES AVENUE is 117m², which includes two extensions, according to the EPC inspection conducted in August 2010. This puts it in the largest 50% 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 32 DRAKES AVENUE lies on this distribution: 60% of detached houses houses are smaller than 32 DRAKES AVENUE, and 40% of houses are larger. Note that EPC data is not available for all properties in Exmouth.

32 DRAKES AVENUE: Plot and Title Map

32 DRAKES AVENUE sits on a plot of roughly 0.084 of an acre, or 338m². The below map shows the location of 32 DRAKES AVENUE, 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 32 DRAKES AVENUE). 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 32 DRAKES AVENUE?

32 DRAKES AVENUE is located in EXMOUTH, in the EX8 postcode district. The below map shows the position of No. 32 on DRAKES AVENUE.