1, MARLPIT CLOSE, SEATON, EX12 2LB - £395,000

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.

1 MARLPIT CLOSE is a detached house, which could now be worth an estimated £501,839. It was last sold for £395,000 in May 2018, which was around 7% below the average May 2018 detached price in the East Devon local authority area.

1 MARLPIT CLOSE Sold Prices

Land registry data shows three sales for 1 MARLPIT CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the East Devon local authority area for the corresponding sale date. All of the three 1 MARLPIT CLOSE 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 21 MAY	£395,000	£423,141	7% below HPI
2016 25 AUG	£375,000	£390,831	4% below HPI
2001 5 OCT	£166,000	£185,008	10% below HPI

What might 1 MARLPIT CLOSE be worth now?

1 MARLPIT CLOSE might now be worth an estimated £501,839.

This is based on house price inflation of 27%, between May 2018 and May 2026, for detached houses, in the East Devon local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 27% inflationary increase is applied to the most recent sale price for 1 MARLPIT CLOSE of £395,000 on 21st May 2018. For the value to have increased from £395,000 to £501,839 over the eight years to May 2026, the following assumptions must hold true:

• The value of 1 MARLPIT CLOSE has moved in line with the HPI for detached houses in the East Devon local authority area.
• The May 2018 sale price of £395,000 represented a fair market value for the property.
• The size, condition, and specification of 1 MARLPIT CLOSE has not materially changed since May 2018.

Where is 1 MARLPIT CLOSE?

1 MARLPIT CLOSE is located in SEATON, in the EX12 postcode district.