8, RANCE DRIVE, EXMOUTH, EX8 5RP - £485,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

8 RANCE DRIVE is a large extended detached house of 119m², built sometime between 1996 and 2002. It was last sold for £485,000 in November 2022, which was around 6% below the average November 2022 detached price in the East Devon local authority area. The most recent EPC inspection was April 2018, where the current energy rating was D, and the potential energy rating was C.

8 RANCE DRIVE Sold Prices

Land registry data shows two sales for 8 RANCE DRIVE 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 8 RANCE 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
2022 18 NOV	£485,000	£517,165	6% below HPI
2002 30 AUG	£194,950	£219,308	11% below HPI

8 RANCE DRIVE 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 8 RANCE DRIVE sales from August 2002 and November 2022 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 2002 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the November 2022 sale, where it rises to 6% below the HPI. The line then continues to track at 6% below the HPI.

How Large is 8 RANCE DRIVE?

8 RANCE DRIVE is 119m², which includes one extension, according to the EPC inspection conducted in April 2018. This puts it in the largest 40% of detached houses in Exmouth, based on EPC data. The below chart shows the distribution of detached houses by size in Exmouth, and where 8 RANCE DRIVE lies on this distribution: 61% of detached houses are smaller than 8 RANCE DRIVE, and 38% of houses are larger. Note that EPC data is not available for all properties in Exmouth.

8 RANCE DRIVE: Plot and Title Map

8 RANCE DRIVE sits on a plot of roughly 0.074 of an acre, or 301m². The below map shows the location of 8 RANCE 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 8 RANCE 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 8 RANCE DRIVE?

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