2, MEMBURY CLOSE, EXETER, EX1 3UN - £145,000

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 MEMBURY CLOSE is a small flat of 46m², built sometime between 1991 and 1995, which could now be worth an estimated £167,183. It was last sold for £145,000 in March 2016, which was about the average March 2016 flat price in the Exeter local authority area. The most recent EPC inspection was October 2008, where the current energy rating was D, and the potential energy rating was D.

2 MEMBURY CLOSE Sold Prices

Land registry data shows four sales for 2 MEMBURY CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average flat price in the Exeter local authority area for the corresponding sale date. The four 2 MEMBURY CLOSE sales were a mix of roughly equal to the average price, above the average price, and 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
2016 31 MAR	£145,000	£145,597	Close to HPI
2012 11 MAY	£128,750	£129,027	Close to HPI
2009 9 APR	£121,000	£119,258	1% above HPI
2006 5 DEC	£128,000	£132,261	3% below HPI

What might 2 MEMBURY CLOSE be worth now?

2 MEMBURY CLOSE might now be worth an estimated £167,183.

This is based on house price inflation of 15.3%, between March 2016 and April 2026, for flats, in the Exeter local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 15.3% inflationary increase is applied to the most recent sale price for 2 MEMBURY CLOSE of £145,000 on 31st March 2016. For the value to have increased from £145,000 to £167,183 over the nine years and eleven months to April 2026, the following assumptions must hold true:

• The value of 2 MEMBURY CLOSE has moved in line with the HPI for flats in the Exeter local authority area.
• The March 2016 sale price of £145,000 represented a fair market value for the property.
• The size, condition, and specification of 2 MEMBURY CLOSE has not materially changed since March 2016.

How Large is 2 MEMBURY CLOSE?

2 MEMBURY CLOSE is 46m² according to the EPC inspection conducted in October 2008. This puts it in the smallest 30% of flats in Exeter, based on EPC data. 24% of flats are smaller than 2 MEMBURY CLOSE, and 76% of flats are larger. Note that EPC data is not available for all properties in Exeter.

2 MEMBURY CLOSE: Plot

2 MEMBURY CLOSE sits on a plot of roughly 0.044 of an acre, or 180m².

Where is 2 MEMBURY CLOSE?

2 MEMBURY CLOSE is located in EXETER, in the EX1 postcode district.