12, CEDAR CLOSE, EXMOUTH, EX8 5NT - £285,000

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.

12 CEDAR CLOSE is a very small extended terraced house of 79m², built sometime between 1967 and 1975, which could now be worth an estimated £321,319. It was last sold for £285,000 in December 2021, which was around 18% above the average December 2021 terraced price in the East Devon local authority area. The most recent EPC inspection was August 2021, where the current energy rating was C, and the potential energy rating was B.

12 CEDAR CLOSE Sold Prices

Land registry data shows four sales for 12 CEDAR CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the East Devon local authority area for the corresponding sale date. All of the four 12 CEDAR CLOSE 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
2021 15 DEC	£285,000	£241,991	18% above HPI
2005 20 APR	£157,950	£156,921	1% above HPI
2004 4 JUN	£150,000	£147,521	2% above HPI
1999 17 DEC	£65,500	£63,844	3% above HPI

12 CEDAR CLOSE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the East Devon local authority area over time, sourced from the HPI. The four 12 CEDAR CLOSE sales between December 1999 and December 2021 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 April 2005 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the December 2021 sale, where it rises to 18% above the HPI. The line then continues to track at 18% above the HPI.

What might 12 CEDAR CLOSE be worth now?

12 CEDAR CLOSE might now be worth an estimated £321,319.

This is based on house price inflation of 12.7%, between December 2021 and May 2026, for terraced 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 12.7% inflationary increase is applied to the most recent sale price for 12 CEDAR CLOSE of £285,000 on 15th December 2021. For the value to have increased from £285,000 to £321,319 over the five years and seven months to May 2026, the following assumptions must hold true:

• The value of 12 CEDAR CLOSE has moved in line with the HPI for terraced houses in the East Devon local authority area.
• The December 2021 sale price of £285,000 represented a fair market value for the property.
• The size, condition, and specification of 12 CEDAR CLOSE has not materially changed since December 2021.

How Large is 12 CEDAR CLOSE?

12 CEDAR CLOSE is 79m², which includes one extension, according to the EPC inspection conducted in August 2021. This puts it in the smallest 20% of terraced houses houses in Exmouth, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Exmouth, and where 12 CEDAR CLOSE lies on this distribution: 20% of terraced houses houses are smaller than 12 CEDAR CLOSE, and 79% of houses are larger. Note that EPC data is not available for all properties in Exmouth.

12 CEDAR CLOSE: Plot and Title Map

12 CEDAR CLOSE sits on a plot of roughly 0.053 of an acre, or 213m². The below map shows the location of 12 CEDAR 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 12 CEDAR 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 12 CEDAR CLOSE?

12 CEDAR CLOSE is located in EXMOUTH, in the EX8 postcode district. The below map shows the position of No. 12 on CEDAR CLOSE.