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
7 ELM GROVE GARDENS is a very small detached house of 88m², built sometime between 1950 and 1966. It was last sold for £575,000 in February 2020, which was around 25% above the average February 2020 detached price in the Exeter local authority area. The most recent EPC inspection was July 2019, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows four sales for 7 ELM GROVE GARDENS since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Exeter local authority area for the corresponding sale date. Most of the four 7 ELM GROVE GARDENS sales were for above 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 |
---|---|---|---|
2020 24 FEB | £575,000 | £460,842 | 25% above HPI |
2007 2 FEB | £415,000 | £318,927 | 30% above HPI |
2003 16 APR | £250,000 | £255,725 | 2% below HPI |
1996 8 MAR | £127,500 | £96,867 | 32% above HPI |
The below graph shows the average detached house price in the Exeter local authority area over time, sourced from the HPI. The four 7 ELM GROVE GARDENS sales between March 1996 and February 2020 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 February 2007 sale was for 30% above the HPI. So the extrapolation line tracks at 30% above the HPI over time, until the February 2020 sale, where it falls to 25% above the HPI. The line then continues to track at 25% above the HPI.
7 ELM GROVE GARDENS is 88m² according to the EPC inspection conducted in July 2019. This puts it in the smallest 20% of detached houses in Topsham, based on EPC data. The below chart shows the distribution of detached houses by size in Topsham, and where 7 ELM GROVE GARDENS lies on this distribution: 11% of detached houses are smaller than 7 ELM GROVE GARDENS, and 88% of houses are larger. Note that EPC data is not available for all properties in Topsham.
7 ELM GROVE GARDENS sits on a plot of roughly 0.104 of an acre, or 421m². The below map shows the location of 7 ELM GROVE GARDENS, 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 7 ELM GROVE GARDENS). 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.
7 ELM GROVE GARDENS is located in TOPSHAM, in the EX3 postcode district. The below map shows the position of No. 7 on ELM GROVE GARDENS.