SUNRISE, HORNBEAM GARDENS, BRADNINCH, EXETER, EX5 4NZ - £249,950

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

SUNRISE is a small extended detached house of 89m², built sometime between 2003 and 2006, which could now be worth an estimated £392,123. It was last sold for £249,950 in March 2012, which was around 10% below the average March 2012 detached price in the Mid Devon local authority area. The most recent EPC inspection was March 2011, where the current energy rating was C, and the potential energy rating was C.

SUNRISE Sold Prices

Land registry data shows two sales for SUNRISE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Mid Devon local authority area for the corresponding sale date. Both of the two SUNRISE 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
2012 23 MAR	£249,950	£277,112	10% below HPI
2011 22 JUN	£250,000	£279,722	11% below HPI

SUNRISE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Mid Devon local authority area over time, sourced from the HPI. The two SUNRISE sales from June 2011 and March 2012 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 2011 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the March 2012 sale, where it rises to 10% below the HPI. The line then continues to track at 10% below the HPI.

What might SUNRISE be worth now?

SUNRISE might now be worth an estimated £392,123.

This is based on house price inflation of 56.9%, between March 2012 and December 2024, for detached houses, in the Mid Devon local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 56.9% inflationary increase is applied to the most recent sale price for SUNRISE of £249,950 on 23rd March 2012. For the value to have increased from £249,950 to £392,123 over the eleven years and three months to December 2024, the following assumptions must hold true:

• The value of SUNRISE has moved in line with the HPI for detached houses in the Mid Devon local authority area.
• The March 2012 sale price of £249,950 represented a fair market value for the property.
• The size, condition, and specification of SUNRISE has not materially changed since March 2012.

How Large is SUNRISE?

SUNRISE is 89m², which includes one extension, according to the EPC inspection conducted in March 2011. This puts it in the smallest 30% of detached houses houses in Bradninch, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bradninch, and where SUNRISE lies on this distribution: 20% of detached houses houses are smaller than SUNRISE, and 80% of houses are larger. Note that EPC data is not available for all properties in Bradninch.

SUNRISE: Plot and Title Map

SUNRISE sits on a plot of roughly 0.207 of an acre, or 839m². The below map shows the location of SUNRISE, 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 SUNRISE). 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 SUNRISE?

SUNRISE is located on HORNBEAM GARDENS in BRADNINCH, in the EX5 postcode district. The below map shows the position of SUNRISE on HORNBEAM GARDENS.