11, MARCOM CLOSE, EXMOUTH, EX8 5PW - £289,950

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.

11 MARCOM CLOSE is a very large extended detached house of 157m², built sometime between 1967 and 1975, which could now be worth an estimated £444,541. It was last sold for £289,950 in February 2014, which was around 17% below the average February 2014 detached price in the East Devon local authority area. The most recent EPC inspection was November 2014, where the current energy rating was E, and the potential energy rating was C.

11 MARCOM CLOSE Sold Prices

Land registry data shows two sales for 11 MARCOM CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the East Devon local authority area for the corresponding sale date. Both of the two 11 MARCOM CLOSE 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
2014 21 FEB	£289,950	£348,882	17% below HPI
2009 15 MAY	£270,000	£306,929	12% below HPI

11 MARCOM CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the East Devon local authority area over time, sourced from the HPI. The two 11 MARCOM CLOSE sales from May 2009 and February 2014 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 2009 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the February 2014 sale, where it falls to 17% below the HPI. The line then continues to track at 17% below the HPI.

What might 11 MARCOM CLOSE be worth now?

11 MARCOM CLOSE might now be worth an estimated £444,541.

This is based on house price inflation of 53.3%, between February 2014 and March 2025, for 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 53.3% inflationary increase is applied to the most recent sale price for 11 MARCOM CLOSE of £289,950 on 21st February 2014. For the value to have increased from £289,950 to £444,541 over the ten years and eleven months to March 2025, the following assumptions must hold true:

• The value of 11 MARCOM CLOSE has moved in line with the HPI for detached houses in the East Devon local authority area.
• The February 2014 sale price of £289,950 represented a fair market value for the property.
• The size, condition, and specification of 11 MARCOM CLOSE has not materially changed since February 2014.

How Large is 11 MARCOM CLOSE?

11 MARCOM CLOSE is 157m², which includes one extension, according to the EPC inspection conducted in November 2014. This puts it in the largest 20% of detached houses houses in Exmouth, based on EPC data. The below chart shows the distribution of detached houses houses by size in Exmouth, and where 11 MARCOM CLOSE lies on this distribution: 84% of detached houses houses are smaller than 11 MARCOM CLOSE, and 16% of houses are larger. Note that EPC data is not available for all properties in Exmouth.

11 MARCOM CLOSE: Plot and Title Map

11 MARCOM CLOSE sits on a plot of roughly 0.110 of an acre, or 446m². The below map shows the location of 11 MARCOM CLOSE, 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 11 MARCOM CLOSE). 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 11 MARCOM CLOSE?

11 MARCOM CLOSE is located in EXMOUTH, in the EX8 postcode district. The below map shows the position of No. 11 on MARCOM CLOSE.