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

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

FAIRWAY is a small extended detached house of 120m², built sometime between 1950 and 1966. It was last sold for £475,000 in October 2023, which was around 10% 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	£526,608	10% below HPI
2021 7 DEC	£290,000	£472,889	39% 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 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the October 2023 sale, where it rises to 10% below the HPI. The line then continues to track at 10% below the HPI.

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 in Rockbeare, based on EPC data. The below chart shows the distribution of detached houses by size in Rockbeare, and where FAIRWAY lies on this distribution: 28% of detached 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.