7, PALMERSTON DRIVE, EXETER, EX4 2JA - £142,500

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 PALMERSTON DRIVE is a very small semi-detached house of 43m², built sometime between 1976 and 1982, which could now be worth an estimated £206,884. It was last sold for £142,500 in August 2015, which was around 42% below the average August 2015 semi-detached price in the Exeter local authority area. The most recent EPC inspection was June 2011, where the current energy rating was D, and the potential energy rating was D.

7 PALMERSTON DRIVE Sold Prices

Land registry data shows three sales for 7 PALMERSTON DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Exeter local authority area for the corresponding sale date. All of the three 7 PALMERSTON DRIVE 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
2015 28 AUG	£142,500	£246,418	42% below HPI
2007 10 DEC	£135,000	£219,389	38% below HPI
1998 30 JUN	£38,500	£66,021	42% below HPI

7 PALMERSTON DRIVE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Exeter local authority area over time, sourced from the HPI. The three 7 PALMERSTON DRIVE sales between June 1998 and August 2015 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 December 2007 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the August 2015 sale, where it falls to 42% below the HPI. The line then continues to track at 42% below the HPI.

What might 7 PALMERSTON DRIVE be worth now?

7 PALMERSTON DRIVE might now be worth an estimated £206,884.

This is based on house price inflation of 45.2%, between August 2015 and December 2024, for semi-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 45.2% inflationary increase is applied to the most recent sale price for 7 PALMERSTON DRIVE of £142,500 on 28th August 2015. For the value to have increased from £142,500 to £206,884 over the eight years and eight months to December 2024, the following assumptions must hold true:

• The value of 7 PALMERSTON DRIVE has moved in line with the HPI for semi-detached houses in the Exeter local authority area.
• The August 2015 sale price of £142,500 represented a fair market value for the property.
• The size, condition, and specification of 7 PALMERSTON DRIVE has not materially changed since August 2015.

How Large is 7 PALMERSTON DRIVE?

7 PALMERSTON DRIVE is 43m² according to the EPC inspection conducted in June 2011. This puts it in the smallest 10% of semi-detached houses houses in Exeter, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Exeter, and where 7 PALMERSTON DRIVE lies on this distribution: Less than 1% of semi-detached houses houses are smaller than 7 PALMERSTON DRIVE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Exeter.

7 PALMERSTON DRIVE: Plot and Title Map

7 PALMERSTON DRIVE sits on a plot of roughly 0.046 of an acre, or 188m². The below map shows the location of 7 PALMERSTON DRIVE, 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 PALMERSTON DRIVE). 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 PALMERSTON DRIVE?

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