FARVIEW, BROADPARKS CLOSE, EXETER, EX4 9HA - £387,500

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.

FARVIEW is a large detached house of 134m², built in 2017, which could now be worth an estimated £463,666. It was last sold for £387,500 in July 2018, which was around 12% below the average July 2018 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.

FARVIEW Sold Prices

Land registry data shows two sales for FARVIEW 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 FARVIEW 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
2018 2 JUL	£387,500	£441,068	12% below HPI
2016 2 SEP	£125,000	£404,877	69% below HPI

FARVIEW 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 FARVIEW sales from September 2016 and July 2018 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 September 2016 sale was for 69% below the HPI. So the extrapolation line tracks at 69% below the HPI over time, until the July 2018 sale, where it rises to 12% below the HPI. The line then continues to track at 12% below the HPI.

What might FARVIEW be worth now?

FARVIEW might now be worth an estimated £463,666.

This is based on house price inflation of 19.7%, between July 2018 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 19.7% inflationary increase is applied to the most recent sale price for FARVIEW of £387,500 on 2nd July 2018. For the value to have increased from £387,500 to £463,666 over the eight years and three months to April 2026, the following assumptions must hold true:

• The value of FARVIEW has moved in line with the HPI for detached houses in the Exeter local authority area.
• The July 2018 sale price of £387,500 represented a fair market value for the property.
• The size, condition, and specification of FARVIEW has not materially changed since July 2018.

How Large is FARVIEW?

FARVIEW is 134m² according to the EPC inspection conducted in August 2017. This puts it in the largest 40% 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 FARVIEW lies on this distribution: 67% of detached houses houses are smaller than FARVIEW, and 32% of houses are larger. Note that EPC data is not available for all properties in Exeter.

FARVIEW: Plot and Title Map

FARVIEW sits on a plot of roughly 0.104 of an acre, or 422m². The below map shows the location of FARVIEW, 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 FARVIEW). 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 FARVIEW?

FARVIEW is located on BROADPARKS CLOSE in EXETER, in the EX4 postcode district. The below map shows the position of FARVIEW on BROADPARKS CLOSE.