6, MICHIGAN WAY, EXETER, EX4 5EU - £310,000

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

6 MICHIGAN WAY is a large extended detached house of 140m², built sometime between 1983 and 1990, which could now be worth an estimated £475,540. It was last sold for £310,000 in May 2014, which was around 12% below the average May 2014 detached price in the Exeter local authority area. The most recent EPC inspection was August 2024, where the current energy rating was C, and the potential energy rating was B.

6 MICHIGAN WAY Sold Prices

Land registry data shows two sales for 6 MICHIGAN 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 Exeter local authority area for the corresponding sale date. Both of the two 6 MICHIGAN 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
2014 8 MAY	£310,000	£352,671	12% below HPI
2004 28 JUN	£235,000	£284,244	17% below HPI

6 MICHIGAN WAY 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 6 MICHIGAN WAY sales from June 2004 and May 2014 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 2004 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the May 2014 sale, where it rises to 12% below the HPI. The line then continues to track at 12% below the HPI.

What might 6 MICHIGAN WAY be worth now?

6 MICHIGAN WAY might now be worth an estimated £475,540.

This is based on house price inflation of 53.4%, between May 2014 and February 2025, for 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 53.4% inflationary increase is applied to the most recent sale price for 6 MICHIGAN WAY of £310,000 on 8th May 2014. For the value to have increased from £310,000 to £475,540 over the eleven years and three months to February 2025, the following assumptions must hold true:

• The value of 6 MICHIGAN WAY has moved in line with the HPI for detached houses in the Exeter local authority area.
• The May 2014 sale price of £310,000 represented a fair market value for the property.
• The size, condition, and specification of 6 MICHIGAN WAY has not materially changed since May 2014.

How Large is 6 MICHIGAN WAY?

6 MICHIGAN WAY is 140m², which includes three extensions, according to the EPC inspection conducted in August 2024. This puts it in the largest 30% of detached houses houses in Exeter, based on EPC data. The below chart shows the distribution of detached houses houses by size in Exeter, and where 6 MICHIGAN WAY lies on this distribution: 71% of detached houses houses are smaller than 6 MICHIGAN WAY, and 28% of houses are larger. Note that EPC data is not available for all properties in Exeter.

6 MICHIGAN WAY: Plot and Title Map

6 MICHIGAN WAY sits on a plot of roughly 0.044 of an acre, or 178m². The below map shows the location of 6 MICHIGAN 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 6 MICHIGAN 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 6 MICHIGAN WAY?

6 MICHIGAN WAY is located in EXETER, in the EX4 postcode district. The below map shows the position of No. 6 on MICHIGAN WAY.