MARCHMONT, RECTORY DRIVE, ALPHINGTON, EXETER, EX2 8XJ - £550,000

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

MARCHMONT is a very large extended detached house of 302m², built sometime before 1900. It was last sold for £550,000 in February 2010, which was around 66% above the average February 2010 detached price in the Exeter local authority area. The most recent EPC inspection was August 2021, where the current energy rating was D, and the potential energy rating was C.

MARCHMONT Sold Prices

Land registry data shows three sales for MARCHMONT 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 MARCHMONT 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
2010 10 FEB	£550,000	£331,451	66% above HPI
2001 25 JUL	£120,000	£169,530	29% below HPI
1999 19 FEB	£205,000	£115,696	77% above HPI

MARCHMONT 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 MARCHMONT sales between February 1999 and February 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 July 2001 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the February 2010 sale, where it rises to 66% above the HPI. The line then continues to track at 66% above the HPI.

How Large is MARCHMONT?

MARCHMONT is 302m², which includes one extension, according to the EPC inspection conducted in August 2021. 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 MARCHMONT lies on this distribution: 99% of detached houses are smaller than MARCHMONT, and 1% of houses are larger. Note that EPC data is not available for all properties in Exeter.

MARCHMONT: Plot and Title Map

MARCHMONT sits on a plot of roughly 0.200 of an acre, or 809m². The below map shows the location of MARCHMONT, 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 MARCHMONT). 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 MARCHMONT?

MARCHMONT is located on RECTORY DRIVE in ALPHINGTON, in the EX2 postcode district. The below map shows the position of MARCHMONT on RECTORY DRIVE.