9, LE MARCHANT CLOSE, DUNKESWELL, HONITON, EX14 4XD - £233,000

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 LE MARCHANT CLOSE is a very small semi-detached house of 61m², built sometime between 1976 and 1982, which could now be worth an estimated £247,000. It was last sold for £233,000 in February 2024, which was around 27% below the average February 2024 semi-detached price in the East Devon local authority area. The most recent EPC inspection was June 2023, where the current energy rating was D, and the potential energy rating was B.

9 LE MARCHANT CLOSE Sold Prices

Land registry data shows three sales for 9 LE MARCHANT CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the East Devon local authority area for the corresponding sale date. All of the three 9 LE MARCHANT 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
2024 19 FEB	£233,000	£319,319	27% below HPI
2003 14 AUG	£113,000	£162,257	30% below HPI
2000 30 NOV	£67,000	£92,336	27% below HPI

9 LE MARCHANT CLOSE 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 three 9 LE MARCHANT CLOSE sales between November 2000 and February 2024 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 2003 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the February 2024 sale, where it rises to 27% below the HPI. The line then continues to track at 27% below the HPI.

What might 9 LE MARCHANT CLOSE be worth now?

9 LE MARCHANT CLOSE might now be worth an estimated £247,000.

This is based on house price inflation of 6%, between February 2024 and February 2025, 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 6% inflationary increase is applied to the most recent sale price for 9 LE MARCHANT CLOSE of £233,000 on 19th February 2024. For the value to have increased from £233,000 to £247,000 over the one year to February 2025, the following assumptions must hold true:

• The value of 9 LE MARCHANT CLOSE has moved in line with the HPI for semi-detached houses in the East Devon local authority area.
• The February 2024 sale price of £233,000 represented a fair market value for the property.
• The size, condition, and specification of 9 LE MARCHANT CLOSE has not materially changed since February 2024.

How Large is 9 LE MARCHANT CLOSE?

9 LE MARCHANT CLOSE is 61m² according to the EPC inspection conducted in June 2023. This puts it in the smallest 10% of semi-detached houses houses in Dunkeswell, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Dunkeswell, and where 9 LE MARCHANT CLOSE lies on this distribution: 4% of semi-detached houses houses are smaller than 9 LE MARCHANT CLOSE, and 94% of houses are larger. Note that EPC data is not available for all properties in Dunkeswell.

9 LE MARCHANT CLOSE: Plot and Title Map

9 LE MARCHANT CLOSE sits on a plot of roughly 0.071 of an acre, or 289m². The below map shows the location of 9 LE MARCHANT 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 LE MARCHANT 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 LE MARCHANT CLOSE?

9 LE MARCHANT CLOSE is located in DUNKESWELL, in the EX14 postcode district. The below map shows the position of No. 9 on LE MARCHANT CLOSE.