19, NORMANDY CLOSE, EXMOUTH, EX8 4PB - £185,000

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.

19 NORMANDY CLOSE is a very small terraced house of 71m², built sometime between 1950 and 1966, which could now be worth an estimated £224,763. It was last sold for £185,000 in February 2019, which was around 18% below the average February 2019 terraced price in the East Devon local authority area. The most recent EPC inspection was January 2015, where the current energy rating was E, and the potential energy rating was B.

19 NORMANDY CLOSE Sold Prices

Land registry data shows five sales for 19 NORMANDY CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average terraced price in the East Devon local authority area for the corresponding sale date. All of the five 19 NORMANDY CLOSE 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 12 FEB	£185,000	£224,563	18% below HPI
2012 8 MAY	£140,000	£176,243	21% below HPI
2004 16 JUL	£132,000	£149,939	12% below HPI
2001 5 OCT	£60,000	£84,500	29% below HPI
1997 28 APR	£22,525	£48,572	54% below HPI

19 NORMANDY CLOSE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the East Devon local authority area over time, sourced from the HPI. The five 19 NORMANDY CLOSE sales between April 1997 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 May 2012 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the February 2019 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.

What might 19 NORMANDY CLOSE be worth now?

19 NORMANDY CLOSE might now be worth an estimated £224,763.

This is based on house price inflation of 21.5%, between February 2019 and May 2026, for terraced houses, in the East Devon local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 21.5% inflationary increase is applied to the most recent sale price for 19 NORMANDY CLOSE of £185,000 on 12th February 2019. For the value to have increased from £185,000 to £224,763 over the six years and nine months to May 2026, the following assumptions must hold true:

• The value of 19 NORMANDY CLOSE has moved in line with the HPI for terraced houses in the East Devon local authority area.
• The February 2019 sale price of £185,000 represented a fair market value for the property.
• The size, condition, and specification of 19 NORMANDY CLOSE has not materially changed since February 2019.

How Large is 19 NORMANDY CLOSE?

19 NORMANDY CLOSE is 71m² according to the EPC inspection conducted in January 2015. This puts it in the smallest 20% of terraced houses houses in Exmouth, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Exmouth, and where 19 NORMANDY CLOSE lies on this distribution: 12% of terraced houses houses are smaller than 19 NORMANDY CLOSE, and 87% of houses are larger. Note that EPC data is not available for all properties in Exmouth.

19 NORMANDY CLOSE: Plot and Title Map

19 NORMANDY CLOSE sits on a plot of roughly 0.064 of an acre, or 261m². The below map shows the location of 19 NORMANDY 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 19 NORMANDY 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 19 NORMANDY CLOSE?

19 NORMANDY CLOSE is located in EXMOUTH, in the EX8 postcode district. The below map shows the position of No. 19 on NORMANDY CLOSE.