3, HEDERMAN CLOSE, SILVERTON, EXETER, EX5 4HW - £410,000

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.

3 HEDERMAN CLOSE is a detached house, which could now be worth an estimated £454,736. It was last sold for £410,000 in August 2021, which was around 5% above the average August 2021 detached price in the Mid Devon local authority area.

3 HEDERMAN CLOSE Sold Prices

Land registry data shows two sales for 3 HEDERMAN CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Mid Devon local authority area for the corresponding sale date. One of the two 3 HEDERMAN CLOSE sales was for above the average price, whilst the other was for 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
2021 20 AUG	£410,000	£389,900	5% above HPI
2012 31 OCT	£250,000	£279,492	11% below HPI

What might 3 HEDERMAN CLOSE be worth now?

3 HEDERMAN CLOSE might now be worth an estimated £454,736.

This is based on house price inflation of 10.9%, between August 2021 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 10.9% inflationary increase is applied to the most recent sale price for 3 HEDERMAN CLOSE of £410,000 on 20th August 2021. For the value to have increased from £410,000 to £454,736 over the five years and four months to April 2026, the following assumptions must hold true:

• The value of 3 HEDERMAN CLOSE has moved in line with the HPI for detached houses in the Mid Devon local authority area.
• The August 2021 sale price of £410,000 represented a fair market value for the property.
• The size, condition, and specification of 3 HEDERMAN CLOSE has not materially changed since August 2021.

Where is 3 HEDERMAN CLOSE?

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