GILGARRAN, LODGE HILL, EXETER, EX4 4AB - £1,500,000

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.

GILGARRAN is a very large detached house of 365m², built in 2020, which could now be worth an estimated £1,637,795. It was last sold for £1,500,000 in April 2021, which was around 217% above the average April 2021 detached price in the Exeter local authority area. The most recent EPC inspection was November 2020, where the current energy rating was B, and the potential energy rating was B.

GILGARRAN Sold Prices

Land registry data shows four sales for GILGARRAN since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Exeter local authority area for the corresponding sale date. two of the four GILGARRAN sales were for above the average price, and four 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 14 APR	£1,500,000	£472,668	217% above HPI
2019 30 AUG	£440,000	£446,480	1% below HPI
2016 29 MAR	£286,000	£396,594	28% below HPI
2007 27 JUL	£630,000	£330,379	91% above HPI

GILGARRAN 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 four GILGARRAN sales between July 2007 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 2019 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the April 2021 sale, where it rises to 217% above the HPI. The line then continues to track at 217% above the HPI.

What might GILGARRAN be worth now?

GILGARRAN might now be worth an estimated £1,637,795.

This is based on house price inflation of 9.2%, between April 2021 and May 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 9.2% inflationary increase is applied to the most recent sale price for GILGARRAN of £1,500,000 on 14th April 2021. For the value to have increased from £1,500,000 to £1,637,795 over the four years and eleven months to May 2026, the following assumptions must hold true:

• The value of GILGARRAN has moved in line with the HPI for detached houses in the Exeter local authority area.
• The April 2021 sale price of £1,500,000 represented a fair market value for the property.
• The size, condition, and specification of GILGARRAN has not materially changed since April 2021.

How Large is GILGARRAN?

GILGARRAN is 365m² according to the EPC inspection conducted in November 2020. This puts it in the largest 10% 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 GILGARRAN lies on this distribution: 99% of detached houses houses are smaller than GILGARRAN, and 1% of houses are larger. Note that EPC data is not available for all properties in Exeter.

GILGARRAN: Plot and Title Map

GILGARRAN sits on a plot of roughly 0.246 of an acre, or 995m². The below map shows the location of GILGARRAN, 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 GILGARRAN). 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 GILGARRAN?

GILGARRAN is located on LODGE HILL in EXETER, in the EX4 postcode district. The below map shows the position of GILGARRAN on LODGE HILL.