24, THE MARLES, EXMOUTH, EX8 4NS - £247,500

24 THE MARLES is a very small detached house of 70m², built sometime between 1967 and 1975. It was last sold for £247,500 in September 2016, which was around 35% below the average September 2016 detached price in the East Devon local authority area. The most recent EPC inspection was April 2016, where the current energy rating was D, and the potential energy rating was B.

24 THE MARLES Sold Prices

Land registry data shows three sales for 24 THE MARLES 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 24 THE MARLES 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 16 SEP	£247,500	£381,695	35% below HPI
2007 28 FEB	£215,000	£317,347	32% below HPI
2004 16 SEP	£163,500	£292,652	44% below HPI

24 THE MARLES 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 24 THE MARLES sales between September 2004 and September 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 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the September 2016 sale, where it falls to 35% below the HPI. The line then continues to track at 35% below the HPI.

How Large is 24 THE MARLES?

24 THE MARLES is 70m² according to the EPC inspection conducted in April 2016. This puts it in the smallest 20% of detached houses in Exmouth, based on EPC data. The below chart shows the distribution of detached houses by size in Exmouth, and where 24 THE MARLES lies on this distribution: 12% of detached houses are smaller than 24 THE MARLES, and 87% of houses are larger. Note that EPC data is not available for all properties in Exmouth.

24 THE MARLES: Plot and Title Map

24 THE MARLES sits on a plot of roughly 0.075 of an acre, or 304m². The below map shows the location of 24 THE MARLES, 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 24 THE MARLES). 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 24 THE MARLES?

24 THE MARLES is located in EXMOUTH, in the EX8 postcode district. The below map shows the position of No. 24 on THE MARLES.