CHERRYWOOD, MAER LANE, LITTLEHAM, EXMOUTH, EX8 2RL - £290,000

CHERRYWOOD is a large detached house of 129m², built sometime between 1950 and 1966. It was last sold for £290,000 in December 2016, which was around 25% below the average December 2016 detached price in the East Devon local authority area. The most recent EPC inspection was January 2016, where the current energy rating was D, and the potential energy rating was B.

CHERRYWOOD Sold Prices

Land registry data shows two sales for CHERRYWOOD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the East Devon local authority area for the corresponding sale date. Both of the two CHERRYWOOD 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
2016 9 DEC	£290,000	£386,661	25% below HPI
2002 4 OCT	£167,000	£231,136	28% below HPI

CHERRYWOOD Price Paid vs. HPI Average

The below graph shows the average detached house price in the East Devon local authority area over time, sourced from the HPI. The two CHERRYWOOD sales from October 2002 and December 2016 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 October 2002 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the December 2016 sale, where it rises to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is CHERRYWOOD?

CHERRYWOOD is 129m² according to the EPC inspection conducted in January 2016. This puts it in the largest 40% of detached houses in Exmouth, based on EPC data. The below chart shows the distribution of detached houses by size in Exmouth, and where CHERRYWOOD lies on this distribution: 69% of detached houses are smaller than CHERRYWOOD, and 30% of houses are larger. Note that EPC data is not available for all properties in Exmouth.

CHERRYWOOD: Plot and Title Map

CHERRYWOOD sits on a plot of roughly 0.147 of an acre, or 596m². The below map shows the location of CHERRYWOOD, 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 CHERRYWOOD). 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 CHERRYWOOD?

CHERRYWOOD is located on MAER LANE in LITTLEHAM, in the EX8 postcode district. The below map shows the position of CHERRYWOOD on MAER LANE.