3, DAVIES CLOSE, SILVERTON, EXETER, EX5 4DL - £197,000

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.

3 DAVIES CLOSE is a very small terraced house of 82m², built sometime between 1950 and 1966, which could now be worth an estimated £228,087. It was last sold for £197,000 in May 2021, which was about the average May 2021 terraced price in the Mid Devon local authority area. The most recent EPC inspection was January 2016, where the current energy rating was F, and the potential energy rating was B.

3 DAVIES CLOSE Sold Prices

Land registry data shows four sales for 3 DAVIES CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the Mid Devon local authority area for the corresponding sale date. The four 3 DAVIES CLOSE sales were a mix of roughly equal to the average price, and above 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
2021 28 MAY	£197,000	£196,308	Close to HPI
2016 18 NOV	£179,000	£172,065	4% above HPI
2003 31 JUL	£124,000	£105,258	18% above HPI
2002 17 MAY	£107,500	£82,685	30% above HPI

3 DAVIES CLOSE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Mid Devon local authority area over time, sourced from the HPI. The four 3 DAVIES CLOSE sales between May 2002 and May 2021 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 November 2016 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the May 2021 sale, where it falls to roughly the same level as the HPI. The line then continues to track in line with the HPI.

What might 3 DAVIES CLOSE be worth now?

3 DAVIES CLOSE might now be worth an estimated £228,087.

This is based on house price inflation of 15.8%, between May 2021 and April 2026, for terraced houses, in the Mid Devon local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 15.8% inflationary increase is applied to the most recent sale price for 3 DAVIES CLOSE of £197,000 on 28th May 2021. For the value to have increased from £197,000 to £228,087 over the five years and one month to April 2026, the following assumptions must hold true:

• The value of 3 DAVIES CLOSE has moved in line with the HPI for terraced houses in the Mid Devon local authority area.
• The May 2021 sale price of £197,000 represented a fair market value for the property.
• The size, condition, and specification of 3 DAVIES CLOSE has not materially changed since May 2021.

How Large is 3 DAVIES CLOSE?

3 DAVIES CLOSE is 82m² according to the EPC inspection conducted in January 2016. This puts it in the smallest 20% of terraced houses houses in Silverton, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Silverton, and where 3 DAVIES CLOSE lies on this distribution: 15% of terraced houses houses are smaller than 3 DAVIES CLOSE, and 85% of houses are larger. Note that EPC data is not available for all properties in Silverton.

3 DAVIES CLOSE: Plot and Title Map

3 DAVIES CLOSE sits on a plot of roughly 0.024 of an acre, or 99m². The below map shows the location of 3 DAVIES 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 3 DAVIES 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 3 DAVIES CLOSE?

3 DAVIES CLOSE is located in SILVERTON, in the EX5 postcode district. The below map shows the position of No. 3 on DAVIES CLOSE.