7, FLORENCE WAY, EXETER, EX1 3FW - £358,000

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.

7 FLORENCE WAY is a midsized detached house of 112m², built in 2015, which could now be worth an estimated £399,729. It was last sold for £358,000 in April 2021, which was around 24% below the average April 2021 detached price in the Exeter local authority area. The most recent EPC inspection was August 2017, where the current energy rating was B, and the potential energy rating was A.

7 FLORENCE WAY Sold Prices

Land registry data shows two sales for 7 FLORENCE WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Exeter local authority area for the corresponding sale date. Both of the two 7 FLORENCE WAY 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
2021 9 APR	£358,000	£472,668	24% below HPI
2017 31 AUG	£344,995	£421,777	18% below HPI

7 FLORENCE WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Exeter local authority area over time, sourced from the HPI. The two 7 FLORENCE WAY sales from August 2017 and April 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 August 2017 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the April 2021 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

What might 7 FLORENCE WAY be worth now?

7 FLORENCE WAY might now be worth an estimated £399,729.

This is based on house price inflation of 11.7%, between April 2021 and April 2026, for detached 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 11.7% inflationary increase is applied to the most recent sale price for 7 FLORENCE WAY of £358,000 on 9th April 2021. For the value to have increased from £358,000 to £399,729 over the five years to April 2026, the following assumptions must hold true:

• The value of 7 FLORENCE WAY has moved in line with the HPI for detached houses in the Exeter local authority area.
• The April 2021 sale price of £358,000 represented a fair market value for the property.
• The size, condition, and specification of 7 FLORENCE WAY has not materially changed since April 2021.

How Large is 7 FLORENCE WAY?

7 FLORENCE WAY is 112m² according to the EPC inspection conducted in August 2017. This puts it in the smallest 50% of detached houses houses in Exeter, based on EPC data. The below chart shows the distribution of detached houses houses by size in Exeter, and where 7 FLORENCE WAY lies on this distribution: 44% of detached houses houses are smaller than 7 FLORENCE WAY, and 55% of houses are larger. Note that EPC data is not available for all properties in Exeter.

7 FLORENCE WAY: Plot and Title Map

7 FLORENCE WAY sits on a plot of roughly 0.086 of an acre, or 347m². The below map shows the location of 7 FLORENCE 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 7 FLORENCE 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 7 FLORENCE WAY?

7 FLORENCE WAY is located in EXETER, in the EX1 postcode district. The below map shows the position of No. 7 on FLORENCE WAY.