STEPPS, MAIN ROAD, EXMINSTER, EXETER, EX6 8AP - £154,227

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

STEPPS is a very large detached house of 173m², built sometime between 1976 and 1982, which could now be worth an estimated £259,197. It was last sold for £154,227 in October 2005, which was around 45% below the average October 2005 detached price in the Teignbridge local authority area. The most recent EPC inspection was November 2013, where the current energy rating was D, and the potential energy rating was D.

STEPPS Sold Prices

Land registry data shows two sales for STEPPS 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. One of the two STEPPS sales was for below the average price, whilst the other was 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
2005 7 OCT	£154,227	£278,149	45% below HPI
1996 1 NOV	£112,000	£86,806	29% above HPI

STEPPS 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 STEPPS sales from November 1996 and October 2005 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 November 1996 sale was for 29% above the HPI. So the extrapolation line tracks at 29% above the HPI over time, until the October 2005 sale, where it falls to 45% below the HPI. The line then continues to track at 45% below the HPI.

What might STEPPS be worth now?

STEPPS might now be worth an estimated £259,197.

This is based on house price inflation of 68.1%, between October 2005 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 68.1% inflationary increase is applied to the most recent sale price for STEPPS of £154,227 on 7th October 2005. For the value to have increased from £154,227 to £259,197 over the twenty years and eight months to February 2025, the following assumptions must hold true:

• The value of STEPPS has moved in line with the HPI for detached houses in the Teignbridge local authority area.
• The October 2005 sale price of £154,227 represented a fair market value for the property.
• The size, condition, and specification of STEPPS has not materially changed since October 2005.

How Large is STEPPS?

STEPPS is 173m² according to the EPC inspection conducted in November 2013. 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 STEPPS lies on this distribution: 94% of detached houses houses are smaller than STEPPS, and 6% of houses are larger. Note that EPC data is not available for all properties in Exminster.

STEPPS: Plot and Title Map

STEPPS sits on a plot of roughly 0.088 of an acre, or 357m². The below map shows the location of STEPPS, 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 STEPPS). 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 STEPPS?

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