2, LANCASTER CLOSE, EXETER, EX2 5SW - £295,000

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 LANCASTER CLOSE is a midsized detached house of 115m², built sometime between 1991 and 1995, which could now be worth an estimated £410,781. It was last sold for £295,000 in August 2015, which was around 22% below the average August 2015 detached price in the Exeter local authority area. The most recent EPC inspection was January 2015, where the current energy rating was D, and the potential energy rating was B.

2 LANCASTER CLOSE Sold Prices

Land registry data shows one sale for 2 LANCASTER 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 Exeter 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 20 AUG	£295,000	£379,010	22% below HPI

What might 2 LANCASTER CLOSE be worth now?

2 LANCASTER CLOSE might now be worth an estimated £410,781.

This is based on house price inflation of 39.2%, between August 2015 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 39.2% inflationary increase is applied to the most recent sale price for 2 LANCASTER CLOSE of £295,000 on 20th August 2015. For the value to have increased from £295,000 to £410,781 over the eleven years and four months to April 2026, the following assumptions must hold true:

• The value of 2 LANCASTER CLOSE has moved in line with the HPI for detached houses in the Exeter local authority area.
• The August 2015 sale price of £295,000 represented a fair market value for the property.
• The size, condition, and specification of 2 LANCASTER CLOSE has not materially changed since August 2015.

How Large is 2 LANCASTER CLOSE?

2 LANCASTER CLOSE is 115m² according to the EPC inspection conducted in January 2015. This puts it in the smallest 50% of detached houses in Exeter, based on EPC data. The below chart shows the distribution of detached houses by size in Exeter, and where 2 LANCASTER CLOSE lies on this distribution: 48% of detached houses are smaller than 2 LANCASTER CLOSE, and 52% of detached houses are larger. Note that EPC data is not available for all properties in Exeter.

2 LANCASTER CLOSE: Plot

2 LANCASTER CLOSE sits on a plot of roughly 0.089 of an acre, or 360m².

Where is 2 LANCASTER CLOSE?

2 LANCASTER CLOSE is located in EXETER, in the EX2 postcode district.