9, REDWOOD CLOSE, EXMOUTH, EX8 5NS - £327,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

9 REDWOOD CLOSE is a very small detached house of 73m², built sometime between 1976 and 1982. It was last sold for £327,000 in July 2022, which was around 34% below the average July 2022 detached price in the East Devon local authority area. The most recent EPC inspection was February 2020, where the current energy rating was C, and the potential energy rating was B.

9 REDWOOD CLOSE Sold Prices

Land registry data shows three sales for 9 REDWOOD CLOSE 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 REDWOOD 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
2022 19 JUL	£327,000	£497,086	34% below HPI
2020 10 SEP	£285,500	£442,477	35% below HPI
1996 15 MAY	£63,000	£90,539	30% below HPI

9 REDWOOD 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 three 9 REDWOOD CLOSE sales between May 1996 and July 2022 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 September 2020 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the July 2022 sale, where it rises to 34% below the HPI. The line then continues to track at 34% below the HPI.

How Large is 9 REDWOOD CLOSE?

9 REDWOOD CLOSE is 73m² according to the EPC inspection conducted in February 2020. This puts it in the smallest 20% of detached houses in Exmouth, based on EPC data. The below chart shows the distribution of detached houses by size in Exmouth, and where 9 REDWOOD CLOSE lies on this distribution: 15% of detached houses are smaller than 9 REDWOOD CLOSE, and 84% of houses are larger. Note that EPC data is not available for all properties in Exmouth.

9 REDWOOD CLOSE: Plot and Title Map

9 REDWOOD CLOSE sits on a plot of roughly 0.072 of an acre, or 292m². The below map shows the location of 9 REDWOOD 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 REDWOOD 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 REDWOOD CLOSE?

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