15, HEDERMAN CLOSE, SILVERTON, EXETER, EX5 4HW - £322,500

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.

15 HEDERMAN CLOSE is a very small semi-detached house of 88m², built sometime between 1983 and 1990, which could now be worth an estimated £384,008. It was last sold for £322,500 in September 2019, which was around 38% above the average September 2019 semi-detached price in the Mid Devon local authority area. The most recent EPC inspection was September 2011, where the current energy rating was C, and the potential energy rating was C.

15 HEDERMAN CLOSE Sold Prices

Land registry data shows two sales for 15 HEDERMAN CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Mid Devon local authority area for the corresponding sale date. Both of the two 15 HEDERMAN 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
2019 13 SEP	£322,500	£234,047	38% above HPI
2001 19 JAN	£108,500	£83,068	31% above HPI

15 HEDERMAN CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Mid Devon local authority area over time, sourced from the HPI. The two 15 HEDERMAN CLOSE sales from January 2001 and September 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 January 2001 sale was for 31% above the HPI. So the extrapolation line tracks at 31% above the HPI over time, until the September 2019 sale, where it rises to 38% above the HPI. The line then continues to track at 38% above the HPI.

What might 15 HEDERMAN CLOSE be worth now?

15 HEDERMAN CLOSE might now be worth an estimated £384,008.

This is based on house price inflation of 19.1%, between September 2019 and February 2025, for semi-detached houses, in the Mid Devon local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 19.1% inflationary increase is applied to the most recent sale price for 15 HEDERMAN CLOSE of £322,500 on 13th September 2019. For the value to have increased from £322,500 to £384,008 over the six years and seven months to February 2025, the following assumptions must hold true:

• The value of 15 HEDERMAN CLOSE has moved in line with the HPI for semi-detached houses in the Mid Devon local authority area.
• The September 2019 sale price of £322,500 represented a fair market value for the property.
• The size, condition, and specification of 15 HEDERMAN CLOSE has not materially changed since September 2019.

How Large is 15 HEDERMAN CLOSE?

15 HEDERMAN CLOSE is 88m² according to the EPC inspection conducted in September 2011. This puts it in the smallest 20% of semi-detached houses houses in Silverton, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Silverton, and where 15 HEDERMAN CLOSE lies on this distribution: 20% of semi-detached houses houses are smaller than 15 HEDERMAN CLOSE, and 80% of houses are larger. Note that EPC data is not available for all properties in Silverton.

15 HEDERMAN CLOSE: Plot and Title Map

15 HEDERMAN CLOSE sits on a plot of roughly 0.086 of an acre, or 348m². The below map shows the location of 15 HEDERMAN 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 15 HEDERMAN 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 15 HEDERMAN CLOSE?

15 HEDERMAN CLOSE is located in SILVERTON, in the EX5 postcode district. The below map shows the position of No. 15 on HEDERMAN CLOSE.