2, HEDERMAN CLOSE, SILVERTON, EXETER, EX5 4HW - £375,000

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.

2 HEDERMAN CLOSE is a very large extended detached house of 169m², built sometime between 1983 and 1990, which could now be worth an estimated £507,178. It was last sold for £375,000 in December 2015, which was around 17% above the average December 2015 detached price in the Mid Devon local authority area. The most recent EPC inspection was August 2014, where the current energy rating was C, and the potential energy rating was C.

2 HEDERMAN CLOSE Sold Prices

Land registry data shows one sale for 2 HEDERMAN CLOSE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average detached price in the Mid Devon local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2015 18 DEC	£375,000	£319,742	17% above HPI

What might 2 HEDERMAN CLOSE be worth now?

2 HEDERMAN CLOSE might now be worth an estimated £507,178.

This is based on house price inflation of 35.2%, between December 2015 and April 2026, for detached houses, in the Mid Devon local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 35.2% inflationary increase is applied to the most recent sale price for 2 HEDERMAN CLOSE of £375,000 on 18th December 2015. For the value to have increased from £375,000 to £507,178 over the eleven years and eight months to April 2026, the following assumptions must hold true:

• The value of 2 HEDERMAN CLOSE has moved in line with the HPI for detached houses in the Mid Devon local authority area.
• The December 2015 sale price of £375,000 represented a fair market value for the property.
• The size, condition, and specification of 2 HEDERMAN CLOSE has not materially changed since December 2015.

How Large is 2 HEDERMAN CLOSE?

2 HEDERMAN CLOSE is 169m², which includes one extension, according to the EPC inspection conducted in August 2014. This puts it in the largest 20% of detached houses in Silverton, based on EPC data. The below chart shows the distribution of detached houses by size in Silverton, and where 2 HEDERMAN CLOSE lies on this distribution: 82% of detached houses are smaller than 2 HEDERMAN CLOSE, and 18% of detached houses are larger. Note that EPC data is not available for all properties in Silverton.

2 HEDERMAN CLOSE: Plot

2 HEDERMAN CLOSE sits on a plot of roughly 0.197 of an acre, or 799m².

Where is 2 HEDERMAN CLOSE?

2 HEDERMAN CLOSE is located in SILVERTON, in the EX5 postcode district.