7, MERRION AVENUE, EXMOUTH, EX8 2HX - £975,000

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 MERRION AVENUE is a very large detached house of 398m², built sometime between 1900 and 1929, which could now be worth an estimated £1,143,693. It was last sold for £975,000 in October 2020, which was around 111% above the average October 2020 detached price in the East Devon local authority area. The most recent EPC inspection was February 2020, where the current energy rating was D, and the potential energy rating was C.

7 MERRION AVENUE Sold Prices

Land registry data shows two sales for 7 MERRION AVENUE 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 7 MERRION AVENUE 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 30 OCT	£975,000	£462,834	111% above HPI
2011 16 AUG	£720,000	£338,907	112% above HPI

7 MERRION AVENUE 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 7 MERRION AVENUE sales from August 2011 and October 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 August 2011 sale was for 112% above the HPI. So the extrapolation line tracks at 112% above the HPI over time, until the October 2020 sale, where it falls to 111% above the HPI. The line then continues to track at 111% above the HPI.

What might 7 MERRION AVENUE be worth now?

7 MERRION AVENUE might now be worth an estimated £1,143,693.

This is based on house price inflation of 17.3%, between October 2020 and December 2024, for detached houses, in the East Devon local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 17.3% inflationary increase is applied to the most recent sale price for 7 MERRION AVENUE of £975,000 on 30th October 2020. For the value to have increased from £975,000 to £1,143,693 over the three years and ten months to December 2024, the following assumptions must hold true:

• The value of 7 MERRION AVENUE has moved in line with the HPI for detached houses in the East Devon local authority area.
• The October 2020 sale price of £975,000 represented a fair market value for the property.
• The size, condition, and specification of 7 MERRION AVENUE has not materially changed since October 2020.

How Large is 7 MERRION AVENUE?

7 MERRION AVENUE is 398m² according to the EPC inspection conducted in February 2020. This puts it in the largest 10% of detached houses houses in Exmouth, based on EPC data. The below chart shows the distribution of detached houses houses by size in Exmouth, and where 7 MERRION AVENUE lies on this distribution: More than 99% of detached houses houses are smaller than 7 MERRION AVENUE, and less than 1% of houses are larger. Note that EPC data is not available for all properties in Exmouth.

7 MERRION AVENUE: Plot and Title Map

7 MERRION AVENUE sits on a plot of roughly 0.410 of an acre, or 1,661m². The below map shows the location of 7 MERRION AVENUE, 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 MERRION AVENUE). 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 MERRION AVENUE?

7 MERRION AVENUE is located in EXMOUTH, in the EX8 postcode district. The below map shows the position of No. 7 on MERRION AVENUE.