5, CEDAR CLOSE, EXMOUTH, EX8 5NT - £255,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

5 CEDAR CLOSE is a small semi-detached house of 78m², built sometime between 1967 and 1975. It was last sold for £255,000 in May 2019, which was around 39% below the average May 2019 detached price in the East Devon local authority area. The most recent EPC inspection was February 2019, where the current energy rating was C, and the potential energy rating was B.

5 CEDAR CLOSE Sold Prices

Land registry data shows four sales for 5 CEDAR CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the East Devon local authority area for the corresponding sale date. All of the four 5 CEDAR 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
2019 24 MAY	£255,000	£418,107	39% below HPI
2011 4 JAN	£176,000	£331,890	47% below HPI
1996 6 DEC	£57,000	£95,166	40% below HPI
1995 16 JAN	£59,950	£98,170	39% below HPI

5 CEDAR CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the East Devon local authority area over time, sourced from the HPI. The four 5 CEDAR CLOSE sales between January 1995 and May 2019 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 2011 sale was for 47% below the HPI. So the extrapolation line tracks at 47% below the HPI over time, until the May 2019 sale, where it rises to 39% below the HPI. The line then continues to track at 39% below the HPI.

How Large is 5 CEDAR CLOSE?

5 CEDAR CLOSE is 78m² according to the EPC inspection conducted in February 2019. This puts it in the smallest 30% of detached houses in Exmouth, based on EPC data. The below chart shows the distribution of detached houses by size in Exmouth, and where 5 CEDAR CLOSE lies on this distribution: 20% of detached houses are smaller than 5 CEDAR CLOSE, and 79% of houses are larger. Note that EPC data is not available for all properties in Exmouth.

5 CEDAR CLOSE: Plot and Title Map

5 CEDAR CLOSE sits on a plot of roughly 0.057 of an acre, or 229m². The below map shows the location of 5 CEDAR 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 5 CEDAR 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 5 CEDAR CLOSE?

5 CEDAR CLOSE is located in EXMOUTH, in the EX8 postcode district. The below map shows the position of No. 5 on CEDAR CLOSE.