42, SOMERSET AVENUE, EXETER, EX4 1LR - £395,000

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

42 SOMERSET AVENUE is a very small detached house of 82m², built sometime between 1950 and 1966. It was last sold for £395,000 in July 2024, which was around 24% below the average July 2024 detached price in the Exeter local authority area. The most recent EPC inspection was April 2024, where the current energy rating was D, and the potential energy rating was B.

42 SOMERSET AVENUE Sold Prices

Land registry data shows three sales for 42 SOMERSET 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 Exeter local authority area for the corresponding sale date. All of the three 42 SOMERSET 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
2024 19 JUL	£395,000	£519,876	24% below HPI
2001 11 JAN	£122,000	£149,864	19% below HPI
1996 6 SEP	£82,250	£96,137	14% below HPI

42 SOMERSET AVENUE 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 three 42 SOMERSET AVENUE sales between September 1996 and July 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 January 2001 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the July 2024 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

What might 42 SOMERSET AVENUE be worth now?

42 SOMERSET AVENUE might now be worth an estimated £408,442.

This is based on house price inflation of 3.4%, between July 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 3.4% inflationary increase is applied to the most recent sale price for 42 SOMERSET AVENUE of £395,000 on 19th July 2024. For the value to have increased from £395,000 to £408,442 over the seven months to December 2024, the following assumptions must hold true:

• The value of 42 SOMERSET AVENUE has moved in line with the HPI for detached houses in the Exeter local authority area.
• The July 2024 sale price of £395,000 represented a fair market value for the property.
• The size, condition, and specification of 42 SOMERSET AVENUE has not materially changed since July 2024.

How Large is 42 SOMERSET AVENUE?

42 SOMERSET AVENUE is 82m² according to the EPC inspection conducted in April 2024. This puts it in the smallest 20% 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 42 SOMERSET AVENUE lies on this distribution: 15% of detached houses houses are smaller than 42 SOMERSET AVENUE, and 84% of houses are larger. Note that EPC data is not available for all properties in Exeter.

42 SOMERSET AVENUE: Plot and Title Map

42 SOMERSET AVENUE sits on a plot of roughly 0.114 of an acre, or 463m². The below map shows the location of 42 SOMERSET 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 42 SOMERSET 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 42 SOMERSET AVENUE?

42 SOMERSET AVENUE is located in EXETER, in the EX4 postcode district. The below map shows the position of No. 42 on SOMERSET AVENUE.