14, PALMERSTON DRIVE, EXETER, EX4 2JA - £197,000

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.

14 PALMERSTON DRIVE is a very small terraced house of 62m², built sometime between 1983 and 1990, which could now be worth an estimated £223,643. It was last sold for £197,000 in March 2021, which was around 22% below the average March 2021 terraced price in the Exeter local authority area. The most recent EPC inspection was March 2024, where the current energy rating was C, and the potential energy rating was B.

14 PALMERSTON DRIVE Sold Prices

Land registry data shows five sales for 14 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 14 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
2021 31 MAR	£197,000	£252,297	22% below HPI
2014 27 JUN	£165,000	£190,904	14% below HPI
2005 22 AUG	£131,000	£156,298	16% below HPI
2001 5 JAN	£67,950	£70,656	4% below HPI
1997 31 JAN	£42,500	£48,063	12% below HPI

14 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 14 PALMERSTON DRIVE sales between January 1997 and March 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 June 2014 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the March 2021 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

What might 14 PALMERSTON DRIVE be worth now?

14 PALMERSTON DRIVE might now be worth an estimated £223,643.

This is based on house price inflation of 13.5%, between March 2021 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 13.5% inflationary increase is applied to the most recent sale price for 14 PALMERSTON DRIVE of £197,000 on 31st March 2021. For the value to have increased from £197,000 to £223,643 over the five years to March 2026, the following assumptions must hold true:

• The value of 14 PALMERSTON DRIVE has moved in line with the HPI for terraced houses in the Exeter local authority area.
• The March 2021 sale price of £197,000 represented a fair market value for the property.
• The size, condition, and specification of 14 PALMERSTON DRIVE has not materially changed since March 2021.

How Large is 14 PALMERSTON DRIVE?

14 PALMERSTON DRIVE is 62m² according to the EPC inspection conducted in March 2024. 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 14 PALMERSTON DRIVE lies on this distribution: 3% of terraced houses houses are smaller than 14 PALMERSTON DRIVE, and 96% of houses are larger. Note that EPC data is not available for all properties in Exeter.

14 PALMERSTON DRIVE: Plot and Title Map

14 PALMERSTON DRIVE sits on a plot of roughly 0.022 of an acre, or 89m². The below map shows the location of 14 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 14 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 14 PALMERSTON DRIVE?

14 PALMERSTON DRIVE is located in EXETER, in the EX4 postcode district. The below map shows the position of No. 14 on PALMERSTON DRIVE.