2, FORTESCUE ROAD, EXETER, EX2 8LA - £245,000

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.

2 FORTESCUE ROAD is a very small extended terraced house of 84m², built sometime between 1900 and 1929, which could now be worth an estimated £282,058. It was last sold for £245,000 in December 2020, which was around 2% below the average December 2020 terraced price in the Exeter local authority area. The most recent EPC inspection was September 2012, where the current energy rating was E, and the potential energy rating was B.

2 FORTESCUE ROAD Sold Prices

Land registry data shows two sales for 2 FORTESCUE ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Exeter local authority area for the corresponding sale date. Both of the two 2 FORTESCUE 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
2020 17 DEC	£245,000	£249,235	2% below HPI
2013 28 JAN	£156,000	£178,705	13% below HPI

2 FORTESCUE 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 two 2 FORTESCUE ROAD sales from January 2013 and December 2020 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 2013 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the December 2020 sale, where it rises to 2% below the HPI. The line then continues to track at 2% below the HPI.

What might 2 FORTESCUE ROAD be worth now?

2 FORTESCUE ROAD might now be worth an estimated £282,058.

This is based on house price inflation of 15.1%, between December 2020 and April 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 15.1% inflationary increase is applied to the most recent sale price for 2 FORTESCUE ROAD of £245,000 on 17th December 2020. For the value to have increased from £245,000 to £282,058 over the six years and eight months to April 2026, the following assumptions must hold true:

• The value of 2 FORTESCUE ROAD has moved in line with the HPI for terraced houses in the Exeter local authority area.
• The December 2020 sale price of £245,000 represented a fair market value for the property.
• The size, condition, and specification of 2 FORTESCUE ROAD has not materially changed since December 2020.

How Large is 2 FORTESCUE ROAD?

2 FORTESCUE ROAD is 84m², which includes one extension, according to the EPC inspection conducted in September 2012. This puts it in the smallest 20% 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 2 FORTESCUE ROAD lies on this distribution: 16% of terraced houses houses are smaller than 2 FORTESCUE ROAD, and 83% of houses are larger. Note that EPC data is not available for all properties in Exeter.

2 FORTESCUE ROAD: Plot and Title Map

2 FORTESCUE ROAD sits on a plot of roughly 0.035 of an acre, or 141m². The below map shows the location of 2 FORTESCUE 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 2 FORTESCUE 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 2 FORTESCUE ROAD?

2 FORTESCUE ROAD is located in EXETER, in the EX2 postcode district. The below map shows the position of No. 2 on FORTESCUE ROAD.