9, ELM LANE, EXMOUTH, EX8 2RR - £285,000

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.

9 ELM LANE is a large extended detached house of 122m², built sometime between 2003 and 2006, which could now be worth an estimated £442,438. It was last sold for £285,000 in November 2011, which was around 18% below the average November 2011 detached price in the East Devon local authority area. The most recent EPC inspection was July 2023, where the current energy rating was C, and the potential energy rating was B.

9 ELM LANE Sold Prices

Land registry data shows three sales for 9 ELM LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the East Devon local authority area for the corresponding sale date. All of the three 9 ELM LANE 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
2011 29 NOV	£285,000	£347,797	18% below HPI
2006 12 OCT	£255,000	£318,852	20% below HPI
2003 27 JUN	£199,950	£257,031	22% below HPI

9 ELM LANE 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 three 9 ELM LANE sales between June 2003 and November 2011 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 October 2006 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the November 2011 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.

What might 9 ELM LANE be worth now?

9 ELM LANE might now be worth an estimated £442,438.

This is based on house price inflation of 55.2%, between November 2011 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 55.2% inflationary increase is applied to the most recent sale price for 9 ELM LANE of £285,000 on 29th November 2011. For the value to have increased from £285,000 to £442,438 over the fourteen years and nine months to February 2025, the following assumptions must hold true:

• The value of 9 ELM LANE has moved in line with the HPI for detached houses in the East Devon local authority area.
• The November 2011 sale price of £285,000 represented a fair market value for the property.
• The size, condition, and specification of 9 ELM LANE has not materially changed since November 2011.

How Large is 9 ELM LANE?

9 ELM LANE is 122m², which includes one extension, according to the EPC inspection conducted in July 2023. This puts it in the largest 40% 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 9 ELM LANE lies on this distribution: 63% of detached houses houses are smaller than 9 ELM LANE, and 36% of houses are larger. Note that EPC data is not available for all properties in Exmouth.

9 ELM LANE: Plot and Title Map

9 ELM LANE sits on a plot of roughly 0.054 of an acre, or 220m². The below map shows the location of 9 ELM LANE, 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 9 ELM LANE). 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 9 ELM LANE?

9 ELM LANE is located in EXMOUTH, in the EX8 postcode district. The below map shows the position of No. 9 on ELM LANE.