THE SHIPPON, JUBILEE GROVE, LYMPSTONE, EXMOUTH, EX8 5LU - £458,000

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

THE SHIPPON is a very large extended semi-detached house of 249m², built sometime before 1900. It was last sold for £458,000 in March 2012, which was around 121% above the average March 2012 semi-detached price in the East Devon local authority area. The most recent EPC inspection was February 2016, where the current energy rating was D, and the potential energy rating was B.

THE SHIPPON Sold Prices

Land registry data shows two sales for THE SHIPPON since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the East Devon local authority area for the corresponding sale date. Both of the two THE SHIPPON 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
2012 30 MAR	£458,000	£207,367	121% above HPI
1996 4 OCT	£150,000	£59,124	154% above HPI

THE SHIPPON Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the East Devon local authority area over time, sourced from the HPI. The two THE SHIPPON sales from October 1996 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 October 1996 sale was for 154% above the HPI. So the extrapolation line tracks at 154% above the HPI over time, until the March 2012 sale, where it falls to 121% above the HPI. The line then continues to track at 121% above the HPI.

What might THE SHIPPON be worth now?

THE SHIPPON might now be worth an estimated £754,464.

This is based on house price inflation of 64.7%, between March 2012 and December 2024, for semi-detached houses, in the East Devon local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 64.7% inflationary increase is applied to the most recent sale price for THE SHIPPON of £458,000 on 30th March 2012. For the value to have increased from £458,000 to £754,464 over the eleven years and three months to December 2024, the following assumptions must hold true:

• The value of THE SHIPPON has moved in line with the HPI for semi-detached houses in the East Devon local authority area.
• The March 2012 sale price of £458,000 represented a fair market value for the property.
• The size, condition, and specification of THE SHIPPON has not materially changed since March 2012.

How Large is THE SHIPPON?

THE SHIPPON is 249m², which includes one extension, according to the EPC inspection conducted in February 2016. This puts it in the largest 20% of semi-detached houses houses in Lympstone, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Lympstone, and where THE SHIPPON lies on this distribution: 87% of semi-detached houses houses are smaller than THE SHIPPON, and 13% of houses are larger. Note that EPC data is not available for all properties in Lympstone.

THE SHIPPON: Plot and Title Map

THE SHIPPON sits on a plot of roughly 0.245 of an acre, or 993m². The below map shows the location of THE SHIPPON, 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 SHIPPON). 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 SHIPPON?

THE SHIPPON is located on JUBILEE GROVE in LYMPSTONE, in the EX8 postcode district. The below map shows the position of THE SHIPPON on JUBILEE GROVE.