MARLEY RISE, MARLEY ROAD, EXMOUTH, EX8 4PP - £340,000

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.

MARLEY RISE is a midsized extended detached house of 118m², built sometime between 1996 and 2002, which could now be worth an estimated £408,988. It was last sold for £340,000 in February 2019, which was around 24% below the average February 2019 detached price in the East Devon local authority area. The most recent EPC inspection was August 2009, where the current energy rating was D, and the potential energy rating was C.

MARLEY RISE Sold Prices

Land registry data shows six sales for MARLEY RISE since 1^st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the East Devon local authority area for the corresponding sale date. All of the six MARLEY RISE 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
2019 1 FEB	£340,000	£448,851	24% below HPI
2011 27 MAY	£299,950	£337,143	11% below HPI
2008 13 JUN	£285,000	£340,823	16% below HPI
2005 28 JUL	£242,000	£297,641	19% below HPI
2005 1 JUN	£250,000	£297,042	16% below HPI
2001 25 SEP	£162,000	£182,101	11% below HPI

MARLEY RISE 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 six MARLEY RISE sales between September 2001 and February 2019 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 May 2011 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the February 2019 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

What might MARLEY RISE be worth now?

MARLEY RISE might now be worth an estimated £408,988.

This is based on house price inflation of 20.3%, between February 2019 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 20.3% inflationary increase is applied to the most recent sale price for MARLEY RISE of £340,000 on 1st February 2019. For the value to have increased from £340,000 to £408,988 over the six years to February 2025, the following assumptions must hold true:

• The value of MARLEY RISE has moved in line with the HPI for detached houses in the East Devon local authority area.
• The February 2019 sale price of £340,000 represented a fair market value for the property.
• The size, condition, and specification of MARLEY RISE has not materially changed since February 2019.

How Large is MARLEY RISE?

MARLEY RISE is 118m², which includes one extension, according to the EPC inspection conducted in August 2009. This puts it in the largest 50% 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 MARLEY RISE lies on this distribution: 60% of detached houses houses are smaller than MARLEY RISE, and 40% of houses are larger. Note that EPC data is not available for all properties in Exmouth.

MARLEY RISE: Plot and Title Map

MARLEY RISE sits on a plot of roughly 0.073 of an acre, or 296m². The below map shows the location of MARLEY RISE, 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 MARLEY RISE). 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 MARLEY RISE?

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