40, MYRTLEBURY WAY, EXETER, EX1 3GA - £337,500

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

40 MYRTLEBURY WAY is a small detached house of 91m², which could now be worth an estimated £341,045. It was last sold for £337,500 in September 2024, which was around 37% below the average September 2024 detached price in the Exeter local authority area. The most recent EPC inspection was June 2016, where the current energy rating was B, and the potential energy rating was A.

40 MYRTLEBURY WAY Sold Prices

Land registry data shows two sales for 40 MYRTLEBURY WAY 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 40 MYRTLEBURY WAY 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
2024 27 SEP	£337,500	£531,980	37% below HPI
2016 23 JUN	£284,995	£387,381	26% below HPI

40 MYRTLEBURY WAY 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 40 MYRTLEBURY WAY sales from June 2016 and September 2024 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 June 2016 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the September 2024 sale, where it falls to 37% below the HPI. The line then continues to track at 37% below the HPI.

What might 40 MYRTLEBURY WAY be worth now?

40 MYRTLEBURY WAY might now be worth an estimated £341,045.

This is based on house price inflation of 1.1%, between September 2024 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 1.1% inflationary increase is applied to the most recent sale price for 40 MYRTLEBURY WAY of £337,500 on 27th September 2024. For the value to have increased from £337,500 to £341,045 over the nine months to December 2024, the following assumptions must hold true:

• The value of 40 MYRTLEBURY WAY has moved in line with the HPI for detached houses in the Exeter local authority area.
• The September 2024 sale price of £337,500 represented a fair market value for the property.
• The size, condition, and specification of 40 MYRTLEBURY WAY has not materially changed since September 2024.

How Large is 40 MYRTLEBURY WAY?

40 MYRTLEBURY WAY is 91m² according to the EPC inspection conducted in June 2016. This puts it in the smallest 30% 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 40 MYRTLEBURY WAY lies on this distribution: 23% of detached houses houses are smaller than 40 MYRTLEBURY WAY, and 76% of houses are larger. Note that EPC data is not available for all properties in Exeter.

40 MYRTLEBURY WAY: Plot and Title Map

40 MYRTLEBURY WAY sits on a plot of roughly 0.063 of an acre, or 256m². The below map shows the location of 40 MYRTLEBURY WAY, 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 40 MYRTLEBURY WAY). 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 40 MYRTLEBURY WAY?

40 MYRTLEBURY WAY is located in EXETER, in the EX1 postcode district. The below map shows the position of No. 40 on MYRTLEBURY WAY.