12, LE MARCHANT CLOSE, DUNKESWELL, HONITON, EX14 4XD - £155,000

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 LE MARCHANT CLOSE is a very small detached house of 70m², built sometime between 1983 and 1990, which could now be worth an estimated £235,347. It was last sold for £155,000 in August 2012, which was around 55% below the average August 2012 detached price in the East Devon local authority area. The most recent EPC inspection was April 2011, where the current energy rating was E, and the potential energy rating was E.

12 LE MARCHANT CLOSE Sold Prices

Land registry data shows three sales for 12 LE MARCHANT CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the East Devon local authority area for the corresponding sale date. All of the three 12 LE MARCHANT 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
2012 10 AUG	£155,000	£345,093	55% below HPI
1997 31 JAN	£54,000	£99,784	46% below HPI
1995 18 SEP	£52,000	£96,485	46% below HPI

12 LE MARCHANT 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 three 12 LE MARCHANT CLOSE sales between September 1995 and August 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 January 1997 sale was for 46% below the HPI. So the extrapolation line tracks at 46% below the HPI over time, until the August 2012 sale, where it falls to 55% below the HPI. The line then continues to track at 55% below the HPI.

What might 12 LE MARCHANT CLOSE be worth now?

12 LE MARCHANT CLOSE might now be worth an estimated £235,347.

This is based on house price inflation of 51.8%, between August 2012 and June 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 51.8% inflationary increase is applied to the most recent sale price for 12 LE MARCHANT CLOSE of £155,000 on 10th August 2012. For the value to have increased from £155,000 to £235,347 over the thirteen years and two months to June 2025, the following assumptions must hold true:

• The value of 12 LE MARCHANT CLOSE has moved in line with the HPI for detached houses in the East Devon local authority area.
• The August 2012 sale price of £155,000 represented a fair market value for the property.
• The size, condition, and specification of 12 LE MARCHANT CLOSE has not materially changed since August 2012.

How Large is 12 LE MARCHANT CLOSE?

12 LE MARCHANT CLOSE is 70m² according to the EPC inspection conducted in April 2011. This puts it in the smallest 20% of detached houses houses in Dunkeswell, based on EPC data. The below chart shows the distribution of detached houses houses by size in Dunkeswell, and where 12 LE MARCHANT CLOSE lies on this distribution: 18% of detached houses houses are smaller than 12 LE MARCHANT CLOSE, and 82% of houses are larger. Note that EPC data is not available for all properties in Dunkeswell.

12 LE MARCHANT CLOSE: Plot and Title Map

12 LE MARCHANT CLOSE sits on a plot of roughly 0.069 of an acre, or 280m². The below map shows the location of 12 LE MARCHANT 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 LE MARCHANT 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 LE MARCHANT CLOSE?

12 LE MARCHANT CLOSE is located in DUNKESWELL, in the EX14 postcode district. The below map shows the position of No. 12 on LE MARCHANT CLOSE.