7, OXFORD CLOSE, EXMOUTH, EX8 5QP - £420,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

7 OXFORD CLOSE is a midsized detached house of 113m², built sometime between 1983 and 1990, which could now be worth an estimated £496,736. It was last sold for £420,000 in February 2021, which was around 8% below the average February 2021 detached price in the East Devon local authority area. The most recent EPC inspection was November 2020, where the current energy rating was C, and the potential energy rating was B.

7 OXFORD CLOSE Sold Prices

Land registry data shows three sales for 7 OXFORD 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 East Devon local authority area for the corresponding sale date. The three 7 OXFORD CLOSE sales were a mix of below the average price, and roughly equal to 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
2021 25 FEB	£420,000	£456,517	8% below HPI
2003 23 OCT	£247,000	£271,121	9% below HPI
1996 1 MAR	£95,000	£95,056	Close to HPI

7 OXFORD 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 three 7 OXFORD CLOSE sales between March 1996 and February 2021 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 2003 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the February 2021 sale, where it rises to 8% below the HPI. The line then continues to track at 8% below the HPI.

What might 7 OXFORD CLOSE be worth now?

7 OXFORD CLOSE might now be worth an estimated £496,736.

This is based on house price inflation of 18.3%, between February 2021 and February 2025, 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 18.3% inflationary increase is applied to the most recent sale price for 7 OXFORD CLOSE of £420,000 on 25th February 2021. For the value to have increased from £420,000 to £496,736 over the four years to February 2025, the following assumptions must hold true:

• The value of 7 OXFORD CLOSE has moved in line with the HPI for detached houses in the East Devon local authority area.
• The February 2021 sale price of £420,000 represented a fair market value for the property.
• The size, condition, and specification of 7 OXFORD CLOSE has not materially changed since February 2021.

How Large is 7 OXFORD CLOSE?

7 OXFORD CLOSE is 113m² according to the EPC inspection conducted in November 2020. This puts it in the largest 50% 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 OXFORD CLOSE lies on this distribution: 54% of detached houses houses are smaller than 7 OXFORD CLOSE, and 45% of houses are larger. Note that EPC data is not available for all properties in Exmouth.

7 OXFORD CLOSE: Plot and Title Map

7 OXFORD CLOSE sits on a plot of roughly 0.106 of an acre, or 427m². The below map shows the location of 7 OXFORD 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 OXFORD 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 OXFORD CLOSE?

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