5, WAGON HILL WAY, EXETER, EX2 5GS - £418,000

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.

5 WAGON HILL WAY is a small terraced house of 100m², built sometime between 2003 and 2006, which could now be worth an estimated £498,422. It was last sold for £418,000 in July 2019, which was around 78% above the average July 2019 terraced price in the Exeter local authority area. The most recent EPC inspection was April 2019, where the current energy rating was C, and the potential energy rating was B.

5 WAGON HILL WAY Sold Prices

Land registry data shows three sales for 5 WAGON HILL WAY 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 5 WAGON HILL WAY 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
2019 19 JUL	£418,000	£235,316	78% above HPI
2009 21 JUL	£277,500	£166,523	67% above HPI
2008 29 FEB	£295,000	£180,823	63% above HPI

5 WAGON HILL WAY 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 5 WAGON HILL WAY sales between February 2008 and July 2019 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 July 2009 sale was for 67% above the HPI. So the extrapolation line tracks at 67% above the HPI over time, until the July 2019 sale, where it rises to 78% above the HPI. The line then continues to track at 78% above the HPI.

What might 5 WAGON HILL WAY be worth now?

5 WAGON HILL WAY might now be worth an estimated £498,422.

This is based on house price inflation of 19.2%, between July 2019 and May 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 19.2% inflationary increase is applied to the most recent sale price for 5 WAGON HILL WAY of £418,000 on 19th July 2019. For the value to have increased from £418,000 to £498,422 over the seven years and two months to May 2026, the following assumptions must hold true:

• The value of 5 WAGON HILL WAY has moved in line with the HPI for terraced houses in the Exeter local authority area.
• The July 2019 sale price of £418,000 represented a fair market value for the property.
• The size, condition, and specification of 5 WAGON HILL WAY has not materially changed since July 2019.

How Large is 5 WAGON HILL WAY?

5 WAGON HILL WAY is 100m² according to the EPC inspection conducted in April 2019. 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 5 WAGON HILL WAY lies on this distribution: 31% of terraced houses houses are smaller than 5 WAGON HILL WAY, and 68% of houses are larger. Note that EPC data is not available for all properties in Exeter.

5 WAGON HILL WAY: Plot and Title Map

5 WAGON HILL WAY sits on a plot of roughly 0.062 of an acre, or 252m². The below map shows the location of 5 WAGON HILL WAY, 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 5 WAGON HILL WAY). 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 5 WAGON HILL WAY?

5 WAGON HILL WAY is located in EXETER, in the EX2 postcode district. The below map shows the position of No. 5 on WAGON HILL WAY.