MODENA, EXMINSTER, EXETER, EX6 8AT - £520,000

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.

MODENA is a very large extended detached house of 196m², built sometime between 1983 and 1990, which could now be worth an estimated £598,827. It was last sold for £520,000 in February 2021, which was around 28% above the average February 2021 detached price in the Teignbridge local authority area. The most recent EPC inspection was February 2020, where the current energy rating was D, and the potential energy rating was C.

MODENA Sold Prices

Land registry data shows two sales for MODENA since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Teignbridge local authority area for the corresponding sale date. Both of the two MODENA sales were for above 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
2021 23 FEB	£520,000	£405,928	28% above HPI
2000 21 JUN	£169,950	£134,449	26% above HPI

MODENA Price Paid vs. HPI Average

The below graph shows the average detached house price in the Teignbridge local authority area over time, sourced from the HPI. The two MODENA sales from June 2000 and February 2021 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 June 2000 sale was for 26% above the HPI. So the extrapolation line tracks at 26% above the HPI over time, until the February 2021 sale, where it rises to 28% above the HPI. The line then continues to track at 28% above the HPI.

What might MODENA be worth now?

MODENA might now be worth an estimated £598,827.

This is based on house price inflation of 15.2%, between February 2021 and February 2025, for detached houses, in the Teignbridge local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 15.2% inflationary increase is applied to the most recent sale price for MODENA of £520,000 on 23rd February 2021. For the value to have increased from £520,000 to £598,827 over the four years to February 2025, the following assumptions must hold true:

• The value of MODENA has moved in line with the HPI for detached houses in the Teignbridge local authority area.
• The February 2021 sale price of £520,000 represented a fair market value for the property.
• The size, condition, and specification of MODENA has not materially changed since February 2021.

How Large is MODENA?

MODENA is 196m², which includes two extensions, according to the EPC inspection conducted in February 2020. This puts it in the largest 10% of detached houses houses in Exminster, based on EPC data. The below chart shows the distribution of detached houses houses by size in Exminster, and where MODENA lies on this distribution: 97% of detached houses houses are smaller than MODENA, and 3% of houses are larger. Note that EPC data is not available for all properties in Exminster.

MODENA: Plot and Title Map

MODENA sits on a plot of roughly 0.177 of an acre, or 715m². The below map shows the location of MODENA, 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 MODENA). 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 MODENA?

MODENA is located in EXMINSTER, in the EX6 postcode district. The below map shows the position of MODENA in EXMINSTER.