SPRINGLANDS, DAWLISH ROAD, EXMINSTER, EXETER, EX6 8DN - £620,000

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.

SPRINGLANDS is a very large extended detached house of 219m², built sometime between 1991 and 1995, which could now be worth an estimated £713,986. It was last sold for £620,000 in February 2021, which was around 53% 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 C, and the potential energy rating was C.

SPRINGLANDS Sold Prices

Land registry data shows three sales for SPRINGLANDS since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Teignbridge local authority area for the corresponding sale date. All of the three SPRINGLANDS 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 11 FEB	£620,000	£405,928	53% above HPI
2005 3 OCT	£355,000	£278,149	28% above HPI
2001 20 JUL	£195,000	£155,226	26% above HPI

SPRINGLANDS 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 three SPRINGLANDS sales between July 2001 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 October 2005 sale was for 28% above the HPI. So the extrapolation line tracks at 28% above the HPI over time, until the February 2021 sale, where it rises to 53% above the HPI. The line then continues to track at 53% above the HPI.

What might SPRINGLANDS be worth now?

SPRINGLANDS might now be worth an estimated £713,986.

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 SPRINGLANDS of £620,000 on 11th February 2021. For the value to have increased from £620,000 to £713,986 over the four years to February 2025, the following assumptions must hold true:

• The value of SPRINGLANDS has moved in line with the HPI for detached houses in the Teignbridge local authority area.
• The February 2021 sale price of £620,000 represented a fair market value for the property.
• The size, condition, and specification of SPRINGLANDS has not materially changed since February 2021.

How Large is SPRINGLANDS?

SPRINGLANDS is 219m², 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 SPRINGLANDS lies on this distribution: 99% of detached houses houses are smaller than SPRINGLANDS, and 1% of houses are larger. Note that EPC data is not available for all properties in Exminster.

SPRINGLANDS: Plot and Title Map

SPRINGLANDS sits on a plot of roughly 0.257 of an acre, or 1,042m². The below map shows the location of SPRINGLANDS, 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 SPRINGLANDS). 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 SPRINGLANDS?

SPRINGLANDS is located on DAWLISH ROAD in EXMINSTER, in the EX6 postcode district. The below map shows the position of SPRINGLANDS on DAWLISH ROAD.