FARTHINGS, HIGHER MARLEY ROAD, EXMOUTH, EX8 5DT - £477,500

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.

FARTHINGS is a very small detached house of 71m², built sometime between 1976 and 1982, which could now be worth an estimated £764,145. It was last sold for £477,500 in May 2010, which was around 42% above the average May 2010 detached price in the East Devon local authority area. The most recent EPC inspection was August 2009, where the current energy rating was E, and the potential energy rating was D.

FARTHINGS Sold Prices

Land registry data shows two sales for FARTHINGS 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 FARTHINGS sales were 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
2010 28 MAY	£477,500	£337,389	42% above HPI
1997 8 SEP	£165,000	£110,322	50% above HPI

FARTHINGS 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 FARTHINGS sales from September 1997 and May 2010 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 1997 sale was for 50% above the HPI. So the extrapolation line tracks at 50% above the HPI over time, until the May 2010 sale, where it falls to 42% above the HPI. The line then continues to track at 42% above the HPI.

What might FARTHINGS be worth now?

FARTHINGS might now be worth an estimated £764,145.

This is based on house price inflation of 60%, between May 2010 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 60% inflationary increase is applied to the most recent sale price for FARTHINGS of £477,500 on 28th May 2010. For the value to have increased from £477,500 to £764,145 over the fifteen years and three months to February 2025, the following assumptions must hold true:

• The value of FARTHINGS has moved in line with the HPI for detached houses in the East Devon local authority area.
• The May 2010 sale price of £477,500 represented a fair market value for the property.
• The size, condition, and specification of FARTHINGS has not materially changed since May 2010.

How Large is FARTHINGS?

FARTHINGS is 71m² according to the EPC inspection conducted in August 2009. This puts it in the smallest 20% of detached houses houses in Exmouth, based on EPC data. The below chart shows the distribution of detached houses houses by size in Exmouth, and where FARTHINGS lies on this distribution: 13% of detached houses houses are smaller than FARTHINGS, and 87% of houses are larger. Note that EPC data is not available for all properties in Exmouth.

FARTHINGS: Plot and Title Map

FARTHINGS sits on a plot of roughly 0.445 of an acre, or 1,800m². The below map shows the location of FARTHINGS, 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 FARTHINGS). 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 FARTHINGS?

FARTHINGS is located on HIGHER MARLEY ROAD in EXMOUTH, in the EX8 postcode district. The below map shows the position of FARTHINGS on HIGHER MARLEY ROAD.