13, PALMERSTON DRIVE, EXETER, EX4 2JA - £196,000

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.

13 PALMERSTON DRIVE is a very small extended terraced house of 61m², built sometime between 1967 and 1975, which could now be worth an estimated £194,963. It was last sold for £196,000 in July 2022, which was around 32% below the average July 2022 terraced price in the Exeter local authority area. The most recent EPC inspection was November 2018, where the current energy rating was D, and the potential energy rating was B.

13 PALMERSTON DRIVE Sold Prices

Land registry data shows five sales for 13 PALMERSTON DRIVE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average terraced price in the Exeter local authority area for the corresponding sale date. All of the five 13 PALMERSTON DRIVE 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
2022 8 JUL	£196,000	£287,942	32% below HPI
2019 22 MAR	£175,000	£234,496	25% below HPI
2005 22 APR	£136,000	£153,289	11% below HPI
2002 9 DEC	£109,500	£113,077	3% below HPI
1996 31 JAN	£41,000	£46,830	12% below HPI

13 PALMERSTON DRIVE 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 five 13 PALMERSTON DRIVE sales between January 1996 and July 2022 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 2019 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the July 2022 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.

What might 13 PALMERSTON DRIVE be worth now?

13 PALMERSTON DRIVE might now be worth an estimated £194,963.

This is based on house price deflation of 0.5%, between July 2022 and March 2026, 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 0.5% deflationary decrease is applied to the most recent sale price for 13 PALMERSTON DRIVE of £196,000 on 8th July 2022. For the value to have decreased from £196,000 to £194,963 over the four years and four months to March 2026, the following assumptions must hold true:

• The value of 13 PALMERSTON DRIVE has moved in line with the HPI for terraced houses in the Exeter local authority area.
• The July 2022 sale price of £196,000 represented a fair market value for the property.
• The size, condition, and specification of 13 PALMERSTON DRIVE has not materially changed since July 2022.

How Large is 13 PALMERSTON DRIVE?

13 PALMERSTON DRIVE is 61m², which includes one extension, according to the EPC inspection conducted in November 2018. This puts it in the smallest 10% 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 13 PALMERSTON DRIVE lies on this distribution: 3% of terraced houses houses are smaller than 13 PALMERSTON DRIVE, and 97% of houses are larger. Note that EPC data is not available for all properties in Exeter.

13 PALMERSTON DRIVE: Plot and Title Map

13 PALMERSTON DRIVE sits on a plot of roughly 0.054 of an acre, or 218m². The below map shows the location of 13 PALMERSTON DRIVE, 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 13 PALMERSTON DRIVE). 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 13 PALMERSTON DRIVE?

13 PALMERSTON DRIVE is located in EXETER, in the EX4 postcode district. The below map shows the position of No. 13 on PALMERSTON DRIVE.