HILLCREST, BASSETTS GARDENS, EXMOUTH, EX8 4EE - £282,000

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.

HILLCREST is a small detached house of 82m², built sometime between 1930 and 1949, which could now be worth an estimated £346,579. It was last sold for £282,000 in November 2018, which was around 36% below the average November 2018 detached price in the East Devon local authority area. The most recent EPC inspection was April 2017, where the current energy rating was D, and the potential energy rating was B.

HILLCREST Sold Prices

Land registry data shows two sales for HILLCREST 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 HILLCREST 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
2018 13 NOV	£282,000	£439,319	36% below HPI
2001 12 APR	£91,000	£162,817	44% below HPI

HILLCREST 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 HILLCREST sales from April 2001 and November 2018 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 April 2001 sale was for 44% below the HPI. So the extrapolation line tracks at 44% below the HPI over time, until the November 2018 sale, where it rises to 36% below the HPI. The line then continues to track at 36% below the HPI.

What might HILLCREST be worth now?

HILLCREST might now be worth an estimated £346,579.

This is based on house price inflation of 22.9%, between November 2018 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 22.9% inflationary increase is applied to the most recent sale price for HILLCREST of £282,000 on 13th November 2018. For the value to have increased from £282,000 to £346,579 over the seven years and nine months to February 2025, the following assumptions must hold true:

• The value of HILLCREST has moved in line with the HPI for detached houses in the East Devon local authority area.
• The November 2018 sale price of £282,000 represented a fair market value for the property.
• The size, condition, and specification of HILLCREST has not materially changed since November 2018.

How Large is HILLCREST?

HILLCREST is 82m² according to the EPC inspection conducted in April 2017. This puts it in the smallest 30% 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 HILLCREST lies on this distribution: 24% of detached houses houses are smaller than HILLCREST, and 75% of houses are larger. Note that EPC data is not available for all properties in Exmouth.

HILLCREST: Plot and Title Map

HILLCREST sits on a plot of roughly 0.121 of an acre, or 490m². The below map shows the location of HILLCREST, 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 HILLCREST). 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 HILLCREST?

HILLCREST is located on BASSETTS GARDENS in EXMOUTH, in the EX8 postcode district. The below map shows the position of HILLCREST on BASSETTS GARDENS.