8, COLVIN CLOSE, EXMOUTH, EX8 2HN - £570,000

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.

8 COLVIN CLOSE is a very large extended detached house of 220m², built sometime between 1967 and 1975, which could now be worth an estimated £739,502. It was last sold for £570,000 in October 2017, which was around 37% above the average October 2017 detached price in the East Devon local authority area. The most recent EPC inspection was November 2016, where the current energy rating was C, and the potential energy rating was B.

8 COLVIN CLOSE Sold Prices

Land registry data shows five sales for 8 COLVIN CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the East Devon local authority area for the corresponding sale date. All of the five 8 COLVIN CLOSE 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
2017 24 OCT	£570,000	£416,168	37% above HPI
2012 19 MAR	£405,000	£333,652	21% above HPI
2010 1 MAR	£405,000	£337,756	20% above HPI
2004 5 NOV	£373,500	£300,713	24% above HPI
2001 9 APR	£168,500	£162,817	3% above HPI

8 COLVIN 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 five 8 COLVIN CLOSE sales between April 2001 and October 2017 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 March 2012 sale was for 21% above the HPI. So the extrapolation line tracks at 21% above the HPI over time, until the October 2017 sale, where it rises to 37% above the HPI. The line then continues to track at 37% above the HPI.

What might 8 COLVIN CLOSE be worth now?

8 COLVIN CLOSE might now be worth an estimated £739,502.

This is based on house price inflation of 29.7%, between October 2017 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 29.7% inflationary increase is applied to the most recent sale price for 8 COLVIN CLOSE of £570,000 on 24th October 2017. For the value to have increased from £570,000 to £739,502 over the eight years and eight months to February 2025, the following assumptions must hold true:

• The value of 8 COLVIN CLOSE has moved in line with the HPI for detached houses in the East Devon local authority area.
• The October 2017 sale price of £570,000 represented a fair market value for the property.
• The size, condition, and specification of 8 COLVIN CLOSE has not materially changed since October 2017.

How Large is 8 COLVIN CLOSE?

8 COLVIN CLOSE is 220m², which includes two extensions, according to the EPC inspection conducted in November 2016. 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 8 COLVIN CLOSE lies on this distribution: 95% of detached houses houses are smaller than 8 COLVIN CLOSE, and 5% of houses are larger. Note that EPC data is not available for all properties in Exmouth.

8 COLVIN CLOSE: Plot and Title Map

8 COLVIN CLOSE sits on a plot of roughly 0.226 of an acre, or 914m². The below map shows the location of 8 COLVIN 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 8 COLVIN 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 8 COLVIN CLOSE?

8 COLVIN CLOSE is located in EXMOUTH, in the EX8 postcode district. The below map shows the position of No. 8 on COLVIN CLOSE.