5, FALKLAND CLOSE, EXETER, EX4 5EZ - £184,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

5 FALKLAND CLOSE is a very small semi-detached house of 72m², built sometime between 1976 and 1982, which could now be worth an estimated £315,185. It was last sold for £184,000 in November 2011, which was around 12% below the average November 2011 semi-detached price in the Exeter local authority area. The most recent EPC inspection was June 2011, where the current energy rating was D, and the potential energy rating was C.

5 FALKLAND CLOSE Sold Prices

Land registry data shows three sales for 5 FALKLAND CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Exeter local authority area for the corresponding sale date. All of the three 5 FALKLAND 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
2011 18 NOV	£184,000	£209,746	12% below HPI
2003 9 OCT	£144,000	£163,940	12% below HPI
1997 14 JUL	£53,500	£61,146	13% below HPI

5 FALKLAND CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Exeter local authority area over time, sourced from the HPI. The three 5 FALKLAND CLOSE sales between July 1997 and November 2011 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 October 2003 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the November 2011 sale, which was also at 12% below the HPI.

What might 5 FALKLAND CLOSE be worth now?

5 FALKLAND CLOSE might now be worth an estimated £315,185.

This is based on house price inflation of 71.3%, between November 2011 and February 2025, for semi-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 71.3% inflationary increase is applied to the most recent sale price for 5 FALKLAND CLOSE of £184,000 on 18th November 2011. For the value to have increased from £184,000 to £315,185 over the fourteen years and nine months to February 2025, the following assumptions must hold true:

• The value of 5 FALKLAND CLOSE has moved in line with the HPI for semi-detached houses in the Exeter local authority area.
• The November 2011 sale price of £184,000 represented a fair market value for the property.
• The size, condition, and specification of 5 FALKLAND CLOSE has not materially changed since November 2011.

How Large is 5 FALKLAND CLOSE?

5 FALKLAND CLOSE is 72m² according to the EPC inspection conducted in June 2011. This puts it in the smallest 10% of semi-detached houses houses in Exeter, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Exeter, and where 5 FALKLAND CLOSE lies on this distribution: 8% of semi-detached houses houses are smaller than 5 FALKLAND CLOSE, and 92% of houses are larger. Note that EPC data is not available for all properties in Exeter.

5 FALKLAND CLOSE: Plot and Title Map

5 FALKLAND CLOSE sits on a plot of roughly 0.035 of an acre, or 142m². The below map shows the location of 5 FALKLAND 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 FALKLAND 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 FALKLAND CLOSE?

5 FALKLAND CLOSE is located in EXETER, in the EX4 postcode district. The below map shows the position of No. 5 on FALKLAND CLOSE.