3, REDHILLS, EXETER, EX4 1TP - £253,000

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 REDHILLS is a small extended terraced house of 90m², built sometime between 1900 and 1929, which could now be worth an estimated £290,745. It was last sold for £253,000 in December 2020, which was around 2% above the average December 2020 terraced price in the Exeter local authority area. The most recent EPC inspection was February 2023, where the current energy rating was C, and the potential energy rating was B.

3 REDHILLS Sold Prices

Land registry data shows six sales for 3 REDHILLS since 1^st January 1995. The below table shows the price paid for the six sales, along with the average terraced price in the Exeter local authority area for the corresponding sale date. The six 3 REDHILLS sales were a mix of above the average price, roughly equal to the average price, and 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
2020 4 DEC	£253,000	£249,235	2% above HPI
2016 21 JUN	£220,000	£206,633	6% above HPI
2013 15 MAR	£168,000	£175,026	4% below HPI
2006 22 NOV	£172,000	£172,293	Close to HPI
2001 23 FEB	£74,000	£71,098	4% above HPI
1995 13 APR	£39,000	£46,599	16% below HPI

3 REDHILLS 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 six 3 REDHILLS sales between April 1995 and December 2020 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 June 2016 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the December 2020 sale, where it falls to 2% above the HPI. The line then continues to track at 2% above the HPI.

What might 3 REDHILLS be worth now?

3 REDHILLS might now be worth an estimated £290,745.

This is based on house price inflation of 14.9%, between December 2020 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 14.9% inflationary increase is applied to the most recent sale price for 3 REDHILLS of £253,000 on 4th December 2020. For the value to have increased from £253,000 to £290,745 over the six years and nine months to March 2026, the following assumptions must hold true:

• The value of 3 REDHILLS has moved in line with the HPI for terraced houses in the Exeter local authority area.
• The December 2020 sale price of £253,000 represented a fair market value for the property.
• The size, condition, and specification of 3 REDHILLS has not materially changed since December 2020.

How Large is 3 REDHILLS?

3 REDHILLS is 90m², which includes two extensions, according to the EPC inspection conducted in February 2023. This puts it in the smallest 30% 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 REDHILLS lies on this distribution: 22% of terraced houses houses are smaller than 3 REDHILLS, and 77% of houses are larger. Note that EPC data is not available for all properties in Exeter.

3 REDHILLS: Plot and Title Map

3 REDHILLS sits on a plot of roughly 0.034 of an acre, or 136m². The below map shows the location of 3 REDHILLS, 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 REDHILLS). 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 REDHILLS?

3 REDHILLS is located in EXETER, in the EX4 postcode district. The below map shows the position of No. 3 on REDHILLS.