THE HAZELS, WOODWATER LANE, EXETER, EX2 5AJ - £542,500

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.

THE HAZELS is a very large detached house of 176m², built sometime between 1996 and 2002, which could now be worth an estimated £708,267. It was last sold for £542,500 in June 2017, which was around 31% above the average June 2017 detached price in the Exeter local authority area. The most recent EPC inspection was May 2012, where the current energy rating was C, and the potential energy rating was B.

THE HAZELS Sold Prices

Land registry data shows four sales for THE HAZELS since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Exeter local authority area for the corresponding sale date. All of the four THE HAZELS 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
2017 29 JUN	£542,500	£414,379	31% above HPI
2005 29 JUL	£410,000	£289,804	41% above HPI
2004 17 MAY	£355,000	£276,879	28% above HPI
1998 16 APR	£160,000	£106,185	51% above HPI

THE HAZELS 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 four THE HAZELS sales between April 1998 and June 2017 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 July 2005 sale was for 41% above the HPI. So the extrapolation line tracks at 41% above the HPI over time, until the June 2017 sale, where it falls to 31% above the HPI. The line then continues to track at 31% above the HPI.

What might THE HAZELS be worth now?

THE HAZELS might now be worth an estimated £708,267.

This is based on house price inflation of 30.6%, between June 2017 and February 2025, for detached houses, in the Exeter local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 30.6% inflationary increase is applied to the most recent sale price for THE HAZELS of £542,500 on 29th June 2017. For the value to have increased from £542,500 to £708,267 over the eight years and four months to February 2025, the following assumptions must hold true:

• The value of THE HAZELS has moved in line with the HPI for detached houses in the Exeter local authority area.
• The June 2017 sale price of £542,500 represented a fair market value for the property.
• The size, condition, and specification of THE HAZELS has not materially changed since June 2017.

How Large is THE HAZELS?

THE HAZELS is 176m² according to the EPC inspection conducted in May 2012. This puts it in the largest 20% of detached houses houses in Exeter, based on EPC data. The below chart shows the distribution of detached houses houses by size in Exeter, and where THE HAZELS lies on this distribution: 88% of detached houses houses are smaller than THE HAZELS, and 12% of houses are larger. Note that EPC data is not available for all properties in Exeter.

THE HAZELS: Plot and Title Map

THE HAZELS sits on a plot of roughly 0.158 of an acre, or 638m². The below map shows the location of THE HAZELS, 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 THE HAZELS). 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 THE HAZELS?

THE HAZELS is located on WOODWATER LANE in EXETER, in the EX2 postcode district. The below map shows the position of THE HAZELS on WOODWATER LANE.