42, SOMERSET AVENUE, EXETER, EX4 1LR - £122,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

42 SOMERSET AVENUE is a very small detached house of 82m², built sometime between 1950 and 1966. It was last sold for £122,000 in January 2001, which was around 20% below the average January 2001 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 two sales for 42 SOMERSET AVENUE 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 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
2001 11 JAN	£122,000	£152,927	20% below HPI
1996 6 SEP	£82,250	£98,102	16% 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 two 42 SOMERSET AVENUE sales from September 1996 and January 2001 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 September 1996 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the January 2001 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

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 in Exeter, based on EPC data. The below chart shows the distribution of detached houses by size in Exeter, and where 42 SOMERSET AVENUE lies on this distribution: 15% of detached 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.