8, UNDERHILL CLOSE, LYMPSTONE, EXMOUTH, EX8 5JE - £385,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

8 UNDERHILL CLOSE is a large extended detached house of 192m², built sometime between 1967 and 1975. It was last sold for £385,000 in February 2007, which was around 21% above the average February 2007 detached price in the East Devon local authority area. The most recent EPC inspection was November 2023, where the current energy rating was C, and the potential energy rating was C.

8 UNDERHILL CLOSE Sold Prices

Land registry data shows two sales for 8 UNDERHILL 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 East Devon local authority area for the corresponding sale date. Both of the two 8 UNDERHILL 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
2007 9 FEB	£385,000	£317,347	21% above HPI
2003 12 MAR	£310,000	£249,441	24% above HPI

8 UNDERHILL 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 two 8 UNDERHILL CLOSE sales from March 2003 and February 2007 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 2003 sale was for 24% above the HPI. So the extrapolation line tracks at 24% above the HPI over time, until the February 2007 sale, where it falls to 21% above the HPI. The line then continues to track at 21% above the HPI.

How Large is 8 UNDERHILL CLOSE?

8 UNDERHILL CLOSE is 192m², which includes one extension, according to the EPC inspection conducted in November 2023. This puts it in the largest 30% of detached houses in Lympstone, based on EPC data. The below chart shows the distribution of detached houses by size in Lympstone, and where 8 UNDERHILL CLOSE lies on this distribution: 74% of detached houses are smaller than 8 UNDERHILL CLOSE, and 26% of houses are larger. Note that EPC data is not available for all properties in Lympstone.

8 UNDERHILL CLOSE: Plot and Title Map

8 UNDERHILL CLOSE sits on a plot of roughly 0.163 of an acre, or 660m². The below map shows the location of 8 UNDERHILL 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 UNDERHILL 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 UNDERHILL CLOSE?

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