11, REDWOOD CLOSE, EXMOUTH, EX8 5NS - £240,000

11 REDWOOD CLOSE is a very small detached house of 75m², built sometime between 1983 and 1990. It was last sold for £240,000 in March 2016, which was around 35% below the average March 2016 detached price in the East Devon local authority area. The most recent EPC inspection was January 2022, where the current energy rating was C, and the potential energy rating was B.

11 REDWOOD CLOSE Sold Prices

Land registry data shows four sales for 11 REDWOOD CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the East Devon local authority area for the corresponding sale date. All of the four 11 REDWOOD 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
2016 10 MAR	£240,000	£369,005	35% below HPI
2012 23 MAR	£200,000	£324,108	38% below HPI
2006 17 AUG	£196,950	£307,236	36% below HPI
2003 25 SEP	£163,000	£266,557	39% below HPI

11 REDWOOD 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 four 11 REDWOOD CLOSE sales between September 2003 and March 2016 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 March 2012 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the March 2016 sale, where it rises to 35% below the HPI. The line then continues to track at 35% below the HPI.

How Large is 11 REDWOOD CLOSE?

11 REDWOOD CLOSE is 75m² according to the EPC inspection conducted in January 2022. This puts it in the smallest 20% of detached houses in Exmouth, based on EPC data. The below chart shows the distribution of detached houses by size in Exmouth, and where 11 REDWOOD CLOSE lies on this distribution: 17% of detached houses are smaller than 11 REDWOOD CLOSE, and 82% of houses are larger. Note that EPC data is not available for all properties in Exmouth.

11 REDWOOD CLOSE: Plot and Title Map

11 REDWOOD CLOSE sits on a plot of roughly 0.055 of an acre, or 221m². The below map shows the location of 11 REDWOOD 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 REDWOOD 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 REDWOOD CLOSE?

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