2, ROYAL CLOSE, EXETER, EX2 8AE - £300,000

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 ROYAL CLOSE is a very small detached house of 59m², built sometime between 1991 and 1995, which could now be worth an estimated £353,858. It was last sold for £300,000 in August 2018, which was around 33% below the average August 2018 detached price in the Exeter local authority area. The most recent EPC inspection was February 2018, where the current energy rating was D, and the potential energy rating was B.

2 ROYAL CLOSE Sold Prices

Land registry data shows one sale for 2 ROYAL 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
2018 3 AUG	£300,000	£444,580	33% below HPI

What might 2 ROYAL CLOSE be worth now?

2 ROYAL CLOSE might now be worth an estimated £353,858.

This is based on house price inflation of 18%, between August 2018 and March 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 18% inflationary increase is applied to the most recent sale price for 2 ROYAL CLOSE of £300,000 on 3rd August 2018. For the value to have increased from £300,000 to £353,858 over the eight years and five months to March 2026, the following assumptions must hold true:

• The value of 2 ROYAL CLOSE has moved in line with the HPI for detached houses in the Exeter local authority area.
• The August 2018 sale price of £300,000 represented a fair market value for the property.
• The size, condition, and specification of 2 ROYAL CLOSE has not materially changed since August 2018.

How Large is 2 ROYAL CLOSE?

2 ROYAL CLOSE is 59m² according to the EPC inspection conducted in February 2018. This puts it in the smallest 10% 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 ROYAL CLOSE lies on this distribution: 2% of detached houses are smaller than 2 ROYAL CLOSE, and 98% of detached houses are larger. Note that EPC data is not available for all properties in Exeter.

2 ROYAL CLOSE: Plot

2 ROYAL CLOSE sits on a plot of roughly 0.072 of an acre, or 292m².

Where is 2 ROYAL CLOSE?

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