3A, CHESTER CLOSE, EXETER, EX4 2EJ - £203,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

3A CHESTER CLOSE is a very small detached house of 73m², built sometime between 1976 and 1982, which could now be worth an estimated £349,114. It was last sold for £203,000 in October 2009, which was around 35% below the average October 2009 detached price in the Exeter local authority area. The most recent EPC inspection was May 2009, where the current energy rating was E, and the potential energy rating was C.

3A CHESTER CLOSE Sold Prices

Land registry data shows two sales for 3A CHESTER 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 3A CHESTER 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 2 OCT	£203,000	£312,580	35% below HPI
2003 3 JAN	£188,000	£235,271	20% below HPI

3A CHESTER 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 3A CHESTER CLOSE sales from January 2003 and October 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 January 2003 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the October 2009 sale, where it falls to 35% below the HPI. The line then continues to track at 35% below the HPI.

What might 3A CHESTER CLOSE be worth now?

3A CHESTER CLOSE might now be worth an estimated £349,114.

This is based on house price inflation of 72%, between October 2009 and December 2024, for 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 72% inflationary increase is applied to the most recent sale price for 3A CHESTER CLOSE of £203,000 on 2nd October 2009. For the value to have increased from £203,000 to £349,114 over the fourteen years and ten months to December 2024, the following assumptions must hold true:

• The value of 3A CHESTER CLOSE has moved in line with the HPI for detached houses in the Exeter local authority area.
• The October 2009 sale price of £203,000 represented a fair market value for the property.
• The size, condition, and specification of 3A CHESTER CLOSE has not materially changed since October 2009.

How Large is 3A CHESTER CLOSE?

3A CHESTER CLOSE is 73m² according to the EPC inspection conducted in May 2009. This puts it in the smallest 10% of detached houses houses in Exeter, based on EPC data. The below chart shows the distribution of detached houses houses by size in Exeter, and where 3A CHESTER CLOSE lies on this distribution: 8% of detached houses houses are smaller than 3A CHESTER CLOSE, and 92% of houses are larger. Note that EPC data is not available for all properties in Exeter.

3A CHESTER CLOSE: Plot and Title Map

3A CHESTER CLOSE sits on a plot of roughly 0.086 of an acre, or 350m². The below map shows the location of 3A CHESTER 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 3A CHESTER 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 3A CHESTER CLOSE?

3A CHESTER CLOSE is located in EXETER, in the EX4 postcode district. The below map shows the position of No. 3A on CHESTER CLOSE.