2, MICHIGAN WAY, EXETER, EX4 5EU - £175,000

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 MICHIGAN WAY is a semi-detached house, which could now be worth an estimated £497,559. It was last sold for £175,000 in April 2002, which was around 45% above the average April 2002 semi-detached price in the Exeter local authority area.

2 MICHIGAN WAY Sold Prices

Land registry data shows two sales for 2 MICHIGAN WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Exeter local authority area for the corresponding sale date. Both of the two 2 MICHIGAN WAY sales were for above 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
2002 18 APR	£175,000	£120,995	45% above HPI
1995 13 MAR	£85,000	£59,149	44% above HPI

What might 2 MICHIGAN WAY be worth now?

2 MICHIGAN WAY might now be worth an estimated £497,559.

This is based on house price inflation of 184.3%, between April 2002 and May 2026, for semi-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 184.3% inflationary increase is applied to the most recent sale price for 2 MICHIGAN WAY of £175,000 on 18th April 2002. For the value to have increased from £175,000 to £497,559 over the 23 years and eleven months to May 2026, the following assumptions must hold true:

• The value of 2 MICHIGAN WAY has moved in line with the HPI for semi-detached houses in the Exeter local authority area.
• The April 2002 sale price of £175,000 represented a fair market value for the property.
• The size, condition, and specification of 2 MICHIGAN WAY has not materially changed since April 2002.

Where is 2 MICHIGAN WAY?

2 MICHIGAN WAY is located in EXETER, in the EX4 postcode district.