MARCUS HOUSE, MARCUS ROAD, EXMOUTH, EX8 4DB - £395,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

MARCUS HOUSE is a very large extended detached house of 172m², built sometime between 1950 and 1966. It was last sold for £395,000 in March 2018, which was around 8% below the average March 2018 detached price in the East Devon local authority area. The most recent EPC inspection was October 2013, where the current energy rating was C, and the potential energy rating was B.

MARCUS HOUSE Sold Prices

Land registry data shows two sales for MARCUS HOUSE 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 MARCUS HOUSE 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 16 MAR	£395,000	£430,166	8% below HPI
2005 14 DEC	£220,000	£298,905	26% below HPI

MARCUS HOUSE 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 MARCUS HOUSE sales from December 2005 and March 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 December 2005 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the March 2018 sale, where it rises to 8% below the HPI. The line then continues to track at 8% below the HPI.

What might MARCUS HOUSE be worth now?

MARCUS HOUSE might now be worth an estimated £498,530.

This is based on house price inflation of 26.2%, between March 2018 and December 2024, 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 26.2% inflationary increase is applied to the most recent sale price for MARCUS HOUSE of £395,000 on 16th March 2018. For the value to have increased from £395,000 to £498,530 over the five years and three months to December 2024, the following assumptions must hold true:

• The value of MARCUS HOUSE has moved in line with the HPI for detached houses in the East Devon local authority area.
• The March 2018 sale price of £395,000 represented a fair market value for the property.
• The size, condition, and specification of MARCUS HOUSE has not materially changed since March 2018.

How Large is MARCUS HOUSE?

MARCUS HOUSE is 172m², which includes one extension, according to the EPC inspection conducted in October 2013. This puts it in the largest 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 MARCUS HOUSE lies on this distribution: 88% of detached houses houses are smaller than MARCUS HOUSE, and 11% of houses are larger. Note that EPC data is not available for all properties in Exmouth.

MARCUS HOUSE: Plot and Title Map

MARCUS HOUSE sits on a plot of roughly 0.163 of an acre, or 659m². The below map shows the location of MARCUS HOUSE, 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 MARCUS HOUSE). 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 MARCUS HOUSE?

MARCUS HOUSE is located on MARCUS ROAD in EXMOUTH, in the EX8 postcode district. The below map shows the position of MARCUS HOUSE on MARCUS ROAD.