8, PENLEONARD CLOSE, EXETER, EX2 4NY - £1,150,000

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 PENLEONARD CLOSE is a very large extended detached house of 216m², built sometime between 1930 and 1949, which could now be worth an estimated £1,177,242. It was last sold for £1,150,000 in January 2024, which was around 118% above the average January 2024 detached price in the Exeter local authority area. The most recent EPC inspection was July 2020, where the current energy rating was D, and the potential energy rating was C.

8 PENLEONARD CLOSE Sold Prices

Land registry data shows two sales for 8 PENLEONARD CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Exeter local authority area for the corresponding sale date. Both of the two 8 PENLEONARD 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
2024 31 JAN	£1,150,000	£528,478	118% above HPI
1999 12 MAY	£190,000	£116,224	63% above HPI

8 PENLEONARD CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Exeter local authority area over time, sourced from the HPI. The two 8 PENLEONARD CLOSE sales from May 1999 and January 2024 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 1999 sale was for 63% above the HPI. So the extrapolation line tracks at 63% above the HPI over time, until the January 2024 sale, where it rises to 118% above the HPI. The line then continues to track at 118% above the HPI.

What might 8 PENLEONARD CLOSE be worth now?

8 PENLEONARD CLOSE might now be worth an estimated £1,177,242.

This is based on house price inflation of 2.4%, between January 2024 and February 2025, for 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 2.4% inflationary increase is applied to the most recent sale price for 8 PENLEONARD CLOSE of £1,150,000 on 31st January 2024. For the value to have increased from £1,150,000 to £1,177,242 over the eleven months to February 2025, the following assumptions must hold true:

• The value of 8 PENLEONARD CLOSE has moved in line with the HPI for detached houses in the Exeter local authority area.
• The January 2024 sale price of £1,150,000 represented a fair market value for the property.
• The size, condition, and specification of 8 PENLEONARD CLOSE has not materially changed since January 2024.

How Large is 8 PENLEONARD CLOSE?

8 PENLEONARD CLOSE is 216m², which includes one extension, according to the EPC inspection conducted in July 2020. This puts it in the largest 10% of detached houses houses in Exeter, based on EPC data. The below chart shows the distribution of detached houses houses by size in Exeter, and where 8 PENLEONARD CLOSE lies on this distribution: 94% of detached houses houses are smaller than 8 PENLEONARD CLOSE, and 5% of houses are larger. Note that EPC data is not available for all properties in Exeter.

8 PENLEONARD CLOSE: Plot and Title Map

8 PENLEONARD CLOSE sits on a plot of roughly 0.112 of an acre, or 452m². The below map shows the location of 8 PENLEONARD 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 PENLEONARD 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 PENLEONARD CLOSE?

8 PENLEONARD CLOSE is located in EXETER, in the EX2 postcode district. The below map shows the position of No. 8 on PENLEONARD CLOSE.