2, RANCE DRIVE, EXMOUTH, EX8 5RP - £325,000

2 RANCE DRIVE is a midsized detached house of 116m², built sometime between 1996 and 2002. It was last sold for £325,000 in June 2016, which was around 12% below the average June 2016 detached price in the East Devon local authority area. The most recent EPC inspection was February 2016, where the current energy rating was E, and the potential energy rating was C.

2 RANCE DRIVE Sold Prices

Land registry data shows three sales for 2 RANCE DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the East Devon local authority area for the corresponding sale date. All of the three 2 RANCE DRIVE 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 1 JUN	£325,000	£368,922	12% below HPI
2007 23 FEB	£285,000	£317,347	10% below HPI
2002 31 MAY	£180,950	£197,332	8% below HPI

2 RANCE DRIVE 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 three 2 RANCE DRIVE sales between May 2002 and June 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 February 2007 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the June 2016 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is 2 RANCE DRIVE?

2 RANCE DRIVE is 116m² according to the EPC inspection conducted in February 2016. This puts it in the largest 50% 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 RANCE DRIVE lies on this distribution: 59% of detached houses are smaller than 2 RANCE DRIVE, and 41% of houses are larger. Note that EPC data is not available for all properties in Exmouth.

2 RANCE DRIVE: Plot and Title Map

2 RANCE DRIVE sits on a plot of roughly 0.069 of an acre, or 278m². The below map shows the location of 2 RANCE DRIVE, 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 RANCE DRIVE). 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 RANCE DRIVE?

2 RANCE DRIVE is located in EXMOUTH, in the EX8 postcode district. The below map shows the position of No. 2 on RANCE DRIVE.