2, PORT MER CLOSE, EXMOUTH, EX8 5RF - £285,000

2 PORT MER CLOSE is a small extended detached house of 84m², built sometime between 1983 and 1990. It was last sold for £285,000 in November 2016, which was around 25% below the average November 2016 detached price in the East Devon local authority area. The most recent EPC inspection was February 2016, where the current energy rating was D, and the potential energy rating was B.

2 PORT MER CLOSE Sold Prices

Land registry data shows four sales for 2 PORT MER CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the East Devon local authority area for the corresponding sale date. All of the four 2 PORT MER 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
2016 28 NOV	£285,000	£380,217	25% below HPI
2005 19 DEC	£215,000	£290,355	26% below HPI
2002 12 FEB	£136,000	£188,525	28% below HPI
1998 22 MAY	£83,000	£110,358	25% below HPI

2 PORT MER CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the East Devon local authority area over time, sourced from the HPI. The four 2 PORT MER CLOSE sales between May 1998 and November 2016 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 December 2005 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the November 2016 sale, where it rises to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 2 PORT MER CLOSE?

2 PORT MER CLOSE is 84m², which includes one extension, according to the EPC inspection conducted in February 2016. This puts it in the smallest 30% of detached houses in Exmouth, based on EPC data. The below chart shows the distribution of detached houses by size in Exmouth, and where 2 PORT MER CLOSE lies on this distribution: 26% of detached houses are smaller than 2 PORT MER CLOSE, and 73% of houses are larger. Note that EPC data is not available for all properties in Exmouth.

2 PORT MER CLOSE: Plot and Title Map

2 PORT MER CLOSE sits on a plot of roughly 0.064 of an acre, or 259m². The below map shows the location of 2 PORT MER 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 2 PORT MER 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 2 PORT MER CLOSE?

2 PORT MER CLOSE is located in EXMOUTH, in the EX8 postcode district. The below map shows the position of No. 2 on PORT MER CLOSE.