15, LAVENDER ROAD, EXETER, EX4 2PS - £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.

15 LAVENDER ROAD is a very small extended terraced house of 56m², built sometime between 1991 and 1995, which could now be worth an estimated £243,158. It was last sold for £197,000 in February 2019, which was around 15% below the average February 2019 terraced price in the Exeter local authority area. The most recent EPC inspection was June 2022, where the current energy rating was D, and the potential energy rating was B.

15 LAVENDER ROAD Sold Prices

Land registry data shows four sales for 15 LAVENDER ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the Exeter local authority area for the corresponding sale date. All of the four 15 LAVENDER ROAD 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
2019 15 FEB	£197,000	£232,048	15% below HPI
2014 10 OCT	£166,000	£199,351	17% below HPI
2011 25 MAY	£160,000	£175,618	9% below HPI
2004 30 JAN	£119,950	£136,309	12% below HPI

15 LAVENDER ROAD 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 four 15 LAVENDER ROAD sales between January 2004 and February 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 October 2014 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the February 2019 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.

What might 15 LAVENDER ROAD be worth now?

15 LAVENDER ROAD might now be worth an estimated £243,158.

This is based on house price inflation of 23.4%, between February 2019 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 23.4% inflationary increase is applied to the most recent sale price for 15 LAVENDER ROAD of £197,000 on 15th February 2019. For the value to have increased from £197,000 to £243,158 over the six years and eleven months to March 2026, the following assumptions must hold true:

• The value of 15 LAVENDER ROAD has moved in line with the HPI for terraced houses in the Exeter local authority area.
• The February 2019 sale price of £197,000 represented a fair market value for the property.
• The size, condition, and specification of 15 LAVENDER ROAD has not materially changed since February 2019.

How Large is 15 LAVENDER ROAD?

15 LAVENDER ROAD is 56m², which includes one extension, according to the EPC inspection conducted in June 2022. 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 15 LAVENDER ROAD lies on this distribution: 1% of terraced houses houses are smaller than 15 LAVENDER ROAD, and 99% of houses are larger. Note that EPC data is not available for all properties in Exeter.

15 LAVENDER ROAD: Plot and Title Map

15 LAVENDER ROAD sits on a plot of roughly 0.040 of an acre, or 163m². The below map shows the location of 15 LAVENDER ROAD, 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 LAVENDER ROAD). 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 LAVENDER ROAD?

15 LAVENDER ROAD is located in EXETER, in the EX4 postcode district. The below map shows the position of No. 15 on LAVENDER ROAD.