PADORIAM, HEATH ROAD, EXETER, EX2 5JX - £277,000

PADORIAM is a small extended detached house of 102m², built sometime between 1950 and 1966. It was last sold for £277,000 in May 2022, which was around 48% below the average May 2022 detached price in the Exeter local authority area. The most recent EPC inspection was January 2022, where the current energy rating was D, and the potential energy rating was B.

PADORIAM Sold Prices

Land registry data shows three sales for PADORIAM 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. All of the three PADORIAM 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
2022 27 MAY	£277,000	£532,589	48% below HPI
2001 14 SEP	£128,000	£181,031	29% below HPI
1996 30 AUG	£75,500	£98,221	23% below HPI

PADORIAM 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 PADORIAM sales between August 1996 and May 2022 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 2001 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the May 2022 sale, where it falls to 48% below the HPI. The line then continues to track at 48% below the HPI.

How Large is PADORIAM?

PADORIAM is 102m², which includes one extension, according to the EPC inspection conducted in January 2022. This puts it in the smallest 40% of detached houses in Exeter, based on EPC data. The below chart shows the distribution of detached houses by size in Exeter, and where PADORIAM lies on this distribution: 34% of detached houses are smaller than PADORIAM, and 65% of houses are larger. Note that EPC data is not available for all properties in Exeter.

PADORIAM: Plot and Title Map

PADORIAM sits on a plot of roughly 0.096 of an acre, or 389m². The below map shows the location of PADORIAM, 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 PADORIAM). 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 PADORIAM?

PADORIAM is located on HEATH ROAD in EXETER, in the EX2 postcode district. The below map shows the position of PADORIAM on HEATH ROAD.