8, THE MARLES, EXMOUTH, EX8 4NS - £194,950

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

8 THE MARLES is a very small semi-detached house of 58m², built sometime between 1967 and 1975, which could now be worth an estimated £289,219. It was last sold for £194,950 in November 2014, which was around 15% below the average November 2014 semi-detached price in the East Devon local authority area. The most recent EPC inspection was August 2014, where the current energy rating was D, and the potential energy rating was B.

8 THE MARLES Sold Prices

Land registry data shows four sales for 8 THE MARLES since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the East Devon local authority area for the corresponding sale date. All of the four 8 THE MARLES 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
2014 14 NOV	£194,950	£230,255	15% below HPI
2005 15 JUL	£169,950	£187,842	10% below HPI
1997 21 FEB	£57,250	£61,254	7% below HPI
1996 12 APR	£49,500	£58,076	15% below HPI

8 THE MARLES 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 four 8 THE MARLES sales between April 1996 and November 2014 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 July 2005 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the November 2014 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

What might 8 THE MARLES be worth now?

8 THE MARLES might now be worth an estimated £289,219.

This is based on house price inflation of 48.4%, between November 2014 and December 2024, 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 48.4% inflationary increase is applied to the most recent sale price for 8 THE MARLES of £194,950 on 14th November 2014. For the value to have increased from £194,950 to £289,219 over the nine years and eleven months to December 2024, the following assumptions must hold true:

• The value of 8 THE MARLES has moved in line with the HPI for semi-detached houses in the East Devon local authority area.
• The November 2014 sale price of £194,950 represented a fair market value for the property.
• The size, condition, and specification of 8 THE MARLES has not materially changed since November 2014.

How Large is 8 THE MARLES?

8 THE MARLES is 58m² according to the EPC inspection conducted in August 2014. This puts it in the smallest 10% 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 8 THE MARLES lies on this distribution: 2% of semi-detached houses houses are smaller than 8 THE MARLES, and 98% of houses are larger. Note that EPC data is not available for all properties in Exmouth.

8 THE MARLES: Plot and Title Map

8 THE MARLES sits on a plot of roughly 0.057 of an acre, or 230m². The below map shows the location of 8 THE MARLES, 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 THE MARLES). 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 THE MARLES?

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