7, WESTMINSTER CLOSE, EXMOUTH, EX8 5QS - £245,000

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 WESTMINSTER CLOSE is a very small semi-detached house of 71m², built sometime between 1983 and 1990, which could now be worth an estimated £302,481. It was last sold for £245,000 in October 2019, which was around 11% below the average October 2019 semi-detached price in the East Devon local authority area. The most recent EPC inspection was March 2013, where the current energy rating was C, and the potential energy rating was B.

7 WESTMINSTER CLOSE Sold Prices

Land registry data shows three sales for 7 WESTMINSTER CLOSE 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 East Devon local authority area for the corresponding sale date. All of the three 7 WESTMINSTER 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
2019 21 OCT	£245,000	£274,179	11% below HPI
2013 31 MAY	£199,950	£213,975	7% below HPI
1995 7 JUL	£57,000	£57,766	1% below HPI

7 WESTMINSTER CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the East Devon local authority area over time, sourced from the HPI. The three 7 WESTMINSTER CLOSE sales between July 1995 and October 2019 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 May 2013 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the October 2019 sale, where it falls to 11% below the HPI. The line then continues to track at 11% below the HPI.

What might 7 WESTMINSTER CLOSE be worth now?

7 WESTMINSTER CLOSE might now be worth an estimated £302,481.

This is based on house price inflation of 23.5%, between October 2019 and February 2025, for semi-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 23.5% inflationary increase is applied to the most recent sale price for 7 WESTMINSTER CLOSE of £245,000 on 21st October 2019. For the value to have increased from £245,000 to £302,481 over the six years and eight months to February 2025, the following assumptions must hold true:

• The value of 7 WESTMINSTER CLOSE has moved in line with the HPI for semi-detached houses in the East Devon local authority area.
• The October 2019 sale price of £245,000 represented a fair market value for the property.
• The size, condition, and specification of 7 WESTMINSTER CLOSE has not materially changed since October 2019.

How Large is 7 WESTMINSTER CLOSE?

7 WESTMINSTER CLOSE is 71m² according to the EPC inspection conducted in March 2013. This puts it in the smallest 20% of semi-detached houses houses in Exmouth, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Exmouth, and where 7 WESTMINSTER CLOSE lies on this distribution: 13% of semi-detached houses houses are smaller than 7 WESTMINSTER CLOSE, and 87% of houses are larger. Note that EPC data is not available for all properties in Exmouth.

7 WESTMINSTER CLOSE: Plot and Title Map

7 WESTMINSTER CLOSE sits on a plot of roughly 0.045 of an acre, or 184m². The below map shows the location of 7 WESTMINSTER 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 WESTMINSTER 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 WESTMINSTER CLOSE?

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