5, ELM PARK WAY, TITHEBARN, EXETER, EX1 3YR - £510,000

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

5 ELM PARK WAY is a large detached house of 139m², built in 2021, which could now be worth an estimated £523,037. It was last sold for £510,000 in July 2023, which was around 4% below the average July 2023 detached price in the East Devon local authority area. The most recent EPC inspection was October 2022, where the current energy rating was B, and the potential energy rating was B.

5 ELM PARK WAY Sold Prices

Land registry data shows two sales for 5 ELM PARK 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 East Devon local authority area for the corresponding sale date. Both of the two 5 ELM PARK 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
2023 28 JUL	£510,000	£529,381	4% below HPI
2021 20 AUG	£436,000	£461,511	6% below HPI

5 ELM PARK WAY 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 two 5 ELM PARK WAY sales from August 2021 and July 2023 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 August 2021 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the July 2023 sale, where it rises to 4% below the HPI. The line then continues to track at 4% below the HPI.

What might 5 ELM PARK WAY be worth now?

5 ELM PARK WAY might now be worth an estimated £523,037.

This is based on house price inflation of 2.6%, between July 2023 and December 2024, for detached houses, in the East Devon local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 2.6% inflationary increase is applied to the most recent sale price for 5 ELM PARK WAY of £510,000 on 28th July 2023. For the value to have increased from £510,000 to £523,037 over the seven months to December 2024, the following assumptions must hold true:

• The value of 5 ELM PARK WAY has moved in line with the HPI for detached houses in the East Devon local authority area.
• The July 2023 sale price of £510,000 represented a fair market value for the property.
• The size, condition, and specification of 5 ELM PARK WAY has not materially changed since July 2023.

How Large is 5 ELM PARK WAY?

5 ELM PARK WAY is 139m² according to the EPC inspection conducted in October 2022. This puts it in the largest 30% of detached houses houses in Clyst Honiton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Clyst Honiton, and where 5 ELM PARK WAY lies on this distribution: 75% of detached houses houses are smaller than 5 ELM PARK WAY, and 24% of houses are larger. Note that EPC data is not available for all properties in Clyst Honiton.

5 ELM PARK WAY: Plot and Title Map

5 ELM PARK WAY sits on a plot of roughly 0.082 of an acre, or 330m². The below map shows the location of 5 ELM PARK 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 5 ELM PARK 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 5 ELM PARK WAY?

5 ELM PARK WAY is located in TITHEBARN, in the EX1 postcode district. The below map shows the position of No. 5 on ELM PARK WAY.