SPURWAYS, MAIN ROAD, EXMINSTER, EXETER, EX6 8BU - £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

SPURWAYS is a very large extended detached house of 241m², built sometime before 1900, which could now be worth an estimated £548,148. It was last sold for £395,000 in August 2016, which was around 17% above the average August 2016 detached price in the Teignbridge local authority area. The most recent EPC inspection was May 2016, where the current energy rating was D, and the potential energy rating was C.

SPURWAYS Sold Prices

Land registry data shows three sales for SPURWAYS 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. Two of the three SPURWAYS sales were for above the average price, whilst one was 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
2016 26 AUG	£395,000	£338,196	17% above HPI
2005 12 AUG	£250,000	£272,277	8% below HPI
2002 26 APR	£225,000	£180,288	25% above HPI

SPURWAYS 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 SPURWAYS sales between April 2002 and August 2016 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 August 2005 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the August 2016 sale, where it rises to 17% above the HPI. The line then continues to track at 17% above the HPI.

What might SPURWAYS be worth now?

SPURWAYS might now be worth an estimated £548,148.

This is based on house price inflation of 38.8%, between August 2016 and December 2024, 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 38.8% inflationary increase is applied to the most recent sale price for SPURWAYS of £395,000 on 26th August 2016. For the value to have increased from £395,000 to £548,148 over the seven years and eight months to December 2024, the following assumptions must hold true:

• The value of SPURWAYS has moved in line with the HPI for detached houses in the Teignbridge local authority area.
• The August 2016 sale price of £395,000 represented a fair market value for the property.
• The size, condition, and specification of SPURWAYS has not materially changed since August 2016.

How Large is SPURWAYS?

SPURWAYS is 241m², which includes one extension, according to the EPC inspection conducted in May 2016. 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 SPURWAYS lies on this distribution: More than 99% of detached houses houses are smaller than SPURWAYS, and less than 1% of houses are larger. Note that EPC data is not available for all properties in Exminster.

SPURWAYS: Plot and Title Map

SPURWAYS sits on a plot of roughly 0.178 of an acre, or 719m². The below map shows the location of SPURWAYS, 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 SPURWAYS). 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 SPURWAYS?

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