48, RESOLUTION ROAD, EXETER, EX2 7FL - £305,000

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

48 RESOLUTION ROAD is a very small detached house of 78m², built sometime between 2007 and 2011. It was last sold for £305,000 in June 2022, which was around 43% below the average June 2022 detached price in the Exeter local authority area. The most recent EPC inspection was November 2021, where the current energy rating was C, and the potential energy rating was B.

48 RESOLUTION ROAD Sold Prices

Land registry data shows two sales for 48 RESOLUTION ROAD 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 48 RESOLUTION ROAD 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
2022 28 JUN	£305,000	£536,122	43% below HPI
2011 30 JUN	£205,000	£333,618	39% below HPI

48 RESOLUTION ROAD 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 48 RESOLUTION ROAD sales from June 2011 and June 2022 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 2011 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the June 2022 sale, where it falls to 43% below the HPI. The line then continues to track at 43% below the HPI.

How Large is 48 RESOLUTION ROAD?

48 RESOLUTION ROAD is 78m² according to the EPC inspection conducted in November 2021. 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 48 RESOLUTION ROAD lies on this distribution: 11% of detached houses are smaller than 48 RESOLUTION ROAD, and 88% of houses are larger. Note that EPC data is not available for all properties in Exeter.

48 RESOLUTION ROAD: Plot and Title Map

48 RESOLUTION ROAD sits on a plot of roughly 0.040 of an acre, or 161m². The below map shows the location of 48 RESOLUTION ROAD, 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 48 RESOLUTION ROAD). 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 48 RESOLUTION ROAD?

48 RESOLUTION ROAD is located in EXETER, in the EX2 postcode district. The below map shows the position of No. 48 on RESOLUTION ROAD.