12, WATSON PLACE, EXETER, EX2 4SF - £315,000

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 WATSON PLACE is a midsized terraced house of 110m², built sometime between 1983 and 1990, which could now be worth an estimated £371,145. It was last sold for £315,000 in August 2019, which was around 34% above the average August 2019 terraced price in the Exeter local authority area. The most recent EPC inspection was September 2018, where the current energy rating was C, and the potential energy rating was B.

12 WATSON PLACE Sold Prices

Land registry data shows three sales for 12 WATSON PLACE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Exeter local authority area for the corresponding sale date. All of the three 12 WATSON PLACE 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
2019 12 AUG	£315,000	£234,837	34% above HPI
2003 12 DEC	£232,000	£134,636	72% above HPI
2002 20 DEC	£207,000	£113,077	83% above HPI

12 WATSON PLACE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Exeter local authority area over time, sourced from the HPI. The three 12 WATSON PLACE sales between December 2002 and August 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 December 2003 sale was for 72% above the HPI. So the extrapolation line tracks at 72% above the HPI over time, until the August 2019 sale, where it falls to 34% above the HPI. The line then continues to track at 34% above the HPI.

What might 12 WATSON PLACE be worth now?

12 WATSON PLACE might now be worth an estimated £371,145.

This is based on house price inflation of 17.8%, between August 2019 and June 2025, for terraced houses, in the Exeter local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 17.8% inflationary increase is applied to the most recent sale price for 12 WATSON PLACE of £315,000 on 12th August 2019. For the value to have increased from £315,000 to £371,145 over the six years and two months to June 2025, the following assumptions must hold true:

• The value of 12 WATSON PLACE has moved in line with the HPI for terraced houses in the Exeter local authority area.
• The August 2019 sale price of £315,000 represented a fair market value for the property.
• The size, condition, and specification of 12 WATSON PLACE has not materially changed since August 2019.

How Large is 12 WATSON PLACE?

12 WATSON PLACE is 110m² according to the EPC inspection conducted in September 2018. This puts it in the smallest 50% of terraced houses houses in Exeter, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Exeter, and where 12 WATSON PLACE lies on this distribution: 42% of terraced houses houses are smaller than 12 WATSON PLACE, and 57% of houses are larger. Note that EPC data is not available for all properties in Exeter.

12 WATSON PLACE: Plot and Title Map

12 WATSON PLACE sits on a plot of roughly 0.042 of an acre, or 169m². The below map shows the location of 12 WATSON PLACE, 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 WATSON PLACE). 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 WATSON PLACE?

12 WATSON PLACE is located in EXETER, in the EX2 postcode district. The below map shows the position of No. 12 on WATSON PLACE.