7, THE SQUARE, ROCKBEARE, EXETER, EX5 2LQ - £162,000

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 THE SQUARE is a very small detached house of 74m², built sometime between 1996 and 2002, which could now be worth an estimated £389,569. It was last sold for £162,000 in August 2002, which was around 28% below the average August 2002 detached price in the East Devon local authority area. The most recent EPC inspection was November 2010, where the current energy rating was D, and the potential energy rating was C.

7 THE SQUARE Sold Prices

Land registry data shows two sales for 7 THE SQUARE 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 THE SQUARE 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
2002 29 AUG	£162,000	£225,767	28% below HPI
2000 31 AUG	£105,000	£158,471	34% below HPI

7 THE SQUARE 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 THE SQUARE sales from August 2000 and August 2002 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 2000 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the August 2002 sale, where it rises to 28% below the HPI. The line then continues to track at 28% below the HPI.

What might 7 THE SQUARE be worth now?

7 THE SQUARE might now be worth an estimated £389,569.

This is based on house price inflation of 140.5%, between August 2002 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 140.5% inflationary increase is applied to the most recent sale price for 7 THE SQUARE of £162,000 on 29th August 2002. For the value to have increased from £162,000 to £389,569 over the 21 years and eight months to December 2024, the following assumptions must hold true:

• The value of 7 THE SQUARE has moved in line with the HPI for detached houses in the East Devon local authority area.
• The August 2002 sale price of £162,000 represented a fair market value for the property.
• The size, condition, and specification of 7 THE SQUARE has not materially changed since August 2002.

How Large is 7 THE SQUARE?

7 THE SQUARE is 74m² according to the EPC inspection conducted in November 2010. This puts it in the smallest 10% of detached houses houses in Rockbeare, based on EPC data. The below chart shows the distribution of detached houses houses by size in Rockbeare, and where 7 THE SQUARE lies on this distribution: 4% of detached houses houses are smaller than 7 THE SQUARE, and 96% of houses are larger. Note that EPC data is not available for all properties in Rockbeare.

7 THE SQUARE: Plot and Title Map

7 THE SQUARE sits on a plot of roughly 0.057 of an acre, or 232m². The below map shows the location of 7 THE SQUARE, 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 THE SQUARE). 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 THE SQUARE?

7 THE SQUARE is located in ROCKBEARE, in the EX5 postcode district. The below map shows the position of No. 7 on THE SQUARE.