9, GARRATT CLOSE, EXMOUTH, EX8 5PJ - £380,000

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 GARRATT CLOSE is a midsized extended detached house of 110m², built sometime between 1983 and 1990, which could now be worth an estimated £464,506. It was last sold for £380,000 in May 2020, which was around 14% below the average May 2020 detached price in the East Devon local authority area. The most recent EPC inspection was January 2017, where the current energy rating was C, and the potential energy rating was B.

9 GARRATT CLOSE Sold Prices

Land registry data shows five sales for 9 GARRATT CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the East Devon local authority area for the corresponding sale date. All of the five 9 GARRATT CLOSE 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
2020 29 MAY	£380,000	£441,698	14% below HPI
2016 5 FEB	£250,000	£379,080	34% below HPI
2007 16 AUG	£250,000	£348,161	28% below HPI
1998 18 JUN	£97,000	£115,490	16% below HPI
1997 14 NOV	£98,000	£109,759	11% below HPI

9 GARRATT 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 five 9 GARRATT CLOSE sales between November 1997 and May 2020 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 February 2016 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the May 2020 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.

What might 9 GARRATT CLOSE be worth now?

9 GARRATT CLOSE might now be worth an estimated £464,506.

This is based on house price inflation of 22.2%, between May 2020 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 22.2% inflationary increase is applied to the most recent sale price for 9 GARRATT CLOSE of £380,000 on 29th May 2020. For the value to have increased from £380,000 to £464,506 over the five years and three months to February 2025, the following assumptions must hold true:

• The value of 9 GARRATT CLOSE has moved in line with the HPI for detached houses in the East Devon local authority area.
• The May 2020 sale price of £380,000 represented a fair market value for the property.
• The size, condition, and specification of 9 GARRATT CLOSE has not materially changed since May 2020.

How Large is 9 GARRATT CLOSE?

9 GARRATT CLOSE is 110m², which includes one extension, according to the EPC inspection conducted in January 2017. This puts it in the largest 50% 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 GARRATT CLOSE lies on this distribution: 51% of detached houses houses are smaller than 9 GARRATT CLOSE, and 48% of houses are larger. Note that EPC data is not available for all properties in Exmouth.

9 GARRATT CLOSE: Plot and Title Map

9 GARRATT CLOSE sits on a plot of roughly 0.099 of an acre, or 402m². The below map shows the location of 9 GARRATT 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 9 GARRATT 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 9 GARRATT CLOSE?

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