LUGGS FARM, REDHILLS, EXETER, EX4 1SU - £585,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

LUGGS FARM is a very large extended detached house of 221m², built sometime before 1900. It was last sold for £585,000 in October 2017, which was around 32% above the average October 2017 detached price in the Exeter local authority area. The most recent EPC inspection was May 2016, where the current energy rating was E, and the potential energy rating was C.

LUGGS FARM Sold Prices

Land registry data shows three sales for LUGGS FARM 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 LUGGS FARM sales were for above the average price, whilst one was 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
2017 27 OCT	£585,000	£441,664	32% above HPI
2003 15 SEP	£250,000	£268,667	7% below HPI
2002 23 OCT	£266,000	£233,834	14% above HPI

LUGGS FARM 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 LUGGS FARM sales between October 2002 and October 2017 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 2003 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the October 2017 sale, where it rises to 32% above the HPI. The line then continues to track at 32% above the HPI.

How Large is LUGGS FARM?

LUGGS FARM is 221m², which includes one extension, according to the EPC inspection conducted in May 2016. This puts it in the largest 10% of detached houses in Exeter, based on EPC data. The below chart shows the distribution of detached houses by size in Exeter, and where LUGGS FARM lies on this distribution: 95% of detached houses are smaller than LUGGS FARM, and 5% of houses are larger. Note that EPC data is not available for all properties in Exeter.

LUGGS FARM: Plot and Title Map

LUGGS FARM sits on a plot of roughly 0.215 of an acre, or 872m². The below map shows the location of LUGGS FARM, 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 LUGGS FARM). 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 LUGGS FARM?

LUGGS FARM is located on REDHILLS in EXETER, in the EX4 postcode district. The below map shows the position of LUGGS FARM on REDHILLS.