9, VARCO SQUARE, EXETER, EX2 5ND - £335,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

9 VARCO SQUARE is a midsized extended detached house of 117m², built sometime between 1991 and 1995, which could now be worth an estimated £454,079. It was last sold for £335,000 in March 2016, which was around 16% below the average March 2016 detached price in the Exeter local authority area. The most recent EPC inspection was November 2015, where the current energy rating was D, and the potential energy rating was B.

9 VARCO SQUARE Sold Prices

Land registry data shows three sales for 9 VARCO SQUARE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Exeter local authority area for the corresponding sale date. Two of the three 9 VARCO SQUARE sales were for below the average price, whilst one was 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
2016 30 MAR	£335,000	£396,594	16% below HPI
2001 23 NOV	£179,000	£185,494	4% below HPI
1995 12 SEP	£113,750	£95,757	19% above HPI

9 VARCO SQUARE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Exeter local authority area over time, sourced from the HPI. The three 9 VARCO SQUARE sales between September 1995 and March 2016 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 November 2001 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the March 2016 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.

What might 9 VARCO SQUARE be worth now?

9 VARCO SQUARE might now be worth an estimated £454,079.

This is based on house price inflation of 35.5%, between March 2016 and December 2024, for detached houses, in the Exeter local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 35.5% inflationary increase is applied to the most recent sale price for 9 VARCO SQUARE of £335,000 on 30th March 2016. For the value to have increased from £335,000 to £454,079 over the seven years and three months to December 2024, the following assumptions must hold true:

• The value of 9 VARCO SQUARE has moved in line with the HPI for detached houses in the Exeter local authority area.
• The March 2016 sale price of £335,000 represented a fair market value for the property.
• The size, condition, and specification of 9 VARCO SQUARE has not materially changed since March 2016.

How Large is 9 VARCO SQUARE?

9 VARCO SQUARE is 117m², which includes one extension, according to the EPC inspection conducted in November 2015. This puts it in the largest 50% of detached houses houses in Exeter, based on EPC data. The below chart shows the distribution of detached houses houses by size in Exeter, and where 9 VARCO SQUARE lies on this distribution: 50% of detached houses houses are smaller than 9 VARCO SQUARE, and 49% of houses are larger. Note that EPC data is not available for all properties in Exeter.

9 VARCO SQUARE: Plot and Title Map

9 VARCO SQUARE sits on a plot of roughly 0.089 of an acre, or 362m². The below map shows the location of 9 VARCO SQUARE, 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 VARCO SQUARE). 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 VARCO SQUARE?

9 VARCO SQUARE is located in EXETER, in the EX2 postcode district. The below map shows the position of No. 9 on VARCO SQUARE.