7, ELMDON CLOSE, EXETER, EX4 6HH - £375,000

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

7 ELMDON CLOSE is a small detached house of 95m², built sometime between 1950 and 1966, which could now be worth an estimated £454,470. It was last sold for £375,000 in November 2018, which was around 16% below the average November 2018 detached price in the Exeter local authority area. The most recent EPC inspection was April 2018, where the current energy rating was D, and the potential energy rating was B.

7 ELMDON CLOSE Sold Prices

Land registry data shows three sales for 7 ELMDON CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Exeter local authority area for the corresponding sale date. All of the three 7 ELMDON 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
2018 8 NOV	£375,000	£446,397	16% below HPI
2015 15 APR	£328,000	£379,599	14% below HPI
1997 16 DEC	£92,500	£104,839	12% below HPI

7 ELMDON CLOSE 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 three 7 ELMDON CLOSE sales between December 1997 and November 2018 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 April 2015 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the November 2018 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.

What might 7 ELMDON CLOSE be worth now?

7 ELMDON CLOSE might now be worth an estimated £454,470.

This is based on house price inflation of 21.2%, between November 2018 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 21.2% inflationary increase is applied to the most recent sale price for 7 ELMDON CLOSE of £375,000 on 8th November 2018. For the value to have increased from £375,000 to £454,470 over the seven years and nine months to February 2025, the following assumptions must hold true:

• The value of 7 ELMDON CLOSE has moved in line with the HPI for detached houses in the Exeter local authority area.
• The November 2018 sale price of £375,000 represented a fair market value for the property.
• The size, condition, and specification of 7 ELMDON CLOSE has not materially changed since November 2018.

How Large is 7 ELMDON CLOSE?

7 ELMDON CLOSE is 95m² according to the EPC inspection conducted in April 2018. This puts it in the smallest 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 7 ELMDON CLOSE lies on this distribution: 27% of detached houses houses are smaller than 7 ELMDON CLOSE, and 72% of houses are larger. Note that EPC data is not available for all properties in Exeter.

7 ELMDON CLOSE: Plot and Title Map

7 ELMDON CLOSE sits on a plot of roughly 0.099 of an acre, or 400m². The below map shows the location of 7 ELMDON 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 7 ELMDON 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 7 ELMDON CLOSE?

7 ELMDON CLOSE is located in EXETER, in the EX4 postcode district. The below map shows the position of No. 7 on ELMDON CLOSE.