FAIRWAY, LONDON ROAD, ROCKBEARE, EXETER, EX5 2EA - £475,000

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.

FAIRWAY is a small extended detached house of 120m², built sometime between 1950 and 1966, which could now be worth an estimated £475,382. It was last sold for £475,000 in October 2023, which was around 12% below the average October 2023 detached price in the East Devon local authority area. The most recent EPC inspection was May 2022, where the current energy rating was D, and the potential energy rating was C.

FAIRWAY Sold Prices

Land registry data shows two sales for FAIRWAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the East Devon local authority area for the corresponding sale date. Both of the two FAIRWAY 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
2023 10 OCT	£475,000	£539,491	12% below HPI
2021 7 DEC	£290,000	£486,815	40% below HPI

FAIRWAY 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 two FAIRWAY sales from December 2021 and October 2023 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 December 2021 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the October 2023 sale, where it rises to 12% below the HPI. The line then continues to track at 12% below the HPI.

What might FAIRWAY be worth now?

FAIRWAY might now be worth an estimated £475,382.

This is based on house price inflation of 0.1%, between October 2023 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 0.1% inflationary increase is applied to the most recent sale price for FAIRWAY of £475,000 on 10th October 2023. For the value to have increased from £475,000 to £475,382 over the two years and eight months to February 2025, the following assumptions must hold true:

• The value of FAIRWAY has moved in line with the HPI for detached houses in the East Devon local authority area.
• The October 2023 sale price of £475,000 represented a fair market value for the property.
• The size, condition, and specification of FAIRWAY has not materially changed since October 2023.

How Large is FAIRWAY?

FAIRWAY is 120m², which includes one extension, according to the EPC inspection conducted in May 2022. This puts it in the smallest 30% of detached houses houses in Rockbeare, based on EPC data. The below chart shows the distribution of detached houses houses by size in Rockbeare, and where FAIRWAY lies on this distribution: 28% of detached houses houses are smaller than FAIRWAY, and 72% of houses are larger. Note that EPC data is not available for all properties in Rockbeare.

FAIRWAY: Plot and Title Map

FAIRWAY sits on a plot of roughly 0.154 of an acre, or 624m². The below map shows the location of FAIRWAY, 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 FAIRWAY). 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 FAIRWAY?

FAIRWAY is located on LONDON ROAD in ROCKBEARE, in the EX5 postcode district. The below map shows the position of FAIRWAY on LONDON ROAD.