3, HANOVER ROAD, EXETER, EX1 2TB - £375,000

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 HANOVER ROAD is a small extended terraced house of 105m², built sometime between 1900 and 1929, which could now be worth an estimated £368,895. It was last sold for £375,000 in August 2023, which was around 29% above the average August 2023 terraced price in the Exeter local authority area. The most recent EPC inspection was June 2022, where the current energy rating was D, and the potential energy rating was B.

3 HANOVER ROAD Sold Prices

Land registry data shows three sales for 3 HANOVER ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Exeter local authority area for the corresponding sale date. All of the three 3 HANOVER ROAD sales were for 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
2023 23 AUG	£375,000	£291,158	29% above HPI
2012 27 APR	£217,000	£182,937	19% above HPI
1997 3 OCT	£54,950	£50,867	8% above HPI

3 HANOVER 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 three 3 HANOVER ROAD sales between October 1997 and August 2023 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 April 2012 sale was for 19% above the HPI. So the extrapolation line tracks at 19% above the HPI over time, until the August 2023 sale, where it rises to 29% above the HPI. The line then continues to track at 29% above the HPI.

What might 3 HANOVER ROAD be worth now?

3 HANOVER ROAD might now be worth an estimated £368,895.

This is based on house price deflation of 1.6%, between August 2023 and March 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 1.6% deflationary decrease is applied to the most recent sale price for 3 HANOVER ROAD of £375,000 on 23rd August 2023. For the value to have decreased from £375,000 to £368,895 over the three years and five months to March 2026, the following assumptions must hold true:

• The value of 3 HANOVER ROAD has moved in line with the HPI for terraced houses in the Exeter local authority area.
• The August 2023 sale price of £375,000 represented a fair market value for the property.
• The size, condition, and specification of 3 HANOVER ROAD has not materially changed since August 2023.

How Large is 3 HANOVER ROAD?

3 HANOVER ROAD is 105m², which includes one extension, according to the EPC inspection conducted in June 2022. This puts it in the smallest 40% 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 3 HANOVER ROAD lies on this distribution: 36% of terraced houses houses are smaller than 3 HANOVER ROAD, and 63% of houses are larger. Note that EPC data is not available for all properties in Exeter.

3 HANOVER ROAD: Plot and Title Map

3 HANOVER ROAD sits on a plot of roughly 0.038 of an acre, or 152m². The below map shows the location of 3 HANOVER 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 3 HANOVER 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 3 HANOVER ROAD?

3 HANOVER ROAD is located in EXETER, in the EX1 postcode district. The below map shows the position of No. 3 on HANOVER ROAD.