5, FREELANDS CLOSE, EXMOUTH, EX8 4AE - £86,000

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 FREELANDS CLOSE is a small extended detached house of 85m², built sometime between 1950 and 1966. It was last sold for £86,000 in July 1997, which was around 18% below the average July 1997 detached price in the East Devon local authority area. The most recent EPC inspection was May 2024, where the current energy rating was D, and the potential energy rating was C.

5 FREELANDS CLOSE Sold Prices

Land registry data shows two sales for 5 FREELANDS CLOSE 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 FREELANDS 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
1997 31 JUL	£86,000	£104,945	18% below HPI
1996 29 OCT	£86,000	£96,752	11% below HPI

5 FREELANDS 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 two 5 FREELANDS CLOSE sales from October 1996 and July 1997 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 1996 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the July 1997 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is 5 FREELANDS CLOSE?

5 FREELANDS CLOSE is 85m², which includes one extension, according to the EPC inspection conducted in May 2024. 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 FREELANDS CLOSE lies on this distribution: 27% of detached houses are smaller than 5 FREELANDS CLOSE, and 73% of houses are larger. Note that EPC data is not available for all properties in Exmouth.

5 FREELANDS CLOSE: Plot and Title Map

5 FREELANDS CLOSE sits on a plot of roughly 0.122 of an acre, or 496m². The below map shows the location of 5 FREELANDS 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 FREELANDS 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 FREELANDS CLOSE?

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