TREES, PRINCE OF WALES ROAD, EXETER, EX4 4PR - £375,000

TREES is a midsized extended detached house of 124m², built sometime between 1976 and 1982. It was last sold for £375,000 in April 2019, which was around 17% below the average April 2019 detached price in the Exeter local authority area. The most recent EPC inspection was June 2017, where the current energy rating was D, and the potential energy rating was C.

TREES Sold Prices

Land registry data shows three sales for TREES since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Exeter local authority area for the corresponding sale date. Two of the three TREES sales were for below the average price, whilst one 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
2019 1 APR	£375,000	£452,804	17% below HPI
2015 15 MAY	£375,000	£385,109	3% below HPI
1997 31 JAN	£119,000	£100,523	18% above HPI

TREES 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 three TREES sales between January 1997 and April 2019 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 May 2015 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the April 2019 sale, where it falls to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is TREES?

TREES is 124m², which includes one extension, according to the EPC inspection conducted in June 2017. This puts it in the largest 50% of detached houses in Exeter, based on EPC data. The below chart shows the distribution of detached houses by size in Exeter, and where TREES lies on this distribution: 57% of detached houses are smaller than TREES, and 42% of houses are larger. Note that EPC data is not available for all properties in Exeter.

TREES: Plot and Title Map

TREES sits on a plot of roughly 0.148 of an acre, or 600m². The below map shows the location of TREES, 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 TREES). 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 TREES?

TREES is located on PRINCE OF WALES ROAD in EXETER, in the EX4 postcode district. The below map shows the position of TREES on PRINCE OF WALES ROAD.