5, LOWER SUMMERLANDS, EXETER, EX1 2LJ - £192,000

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.

5 LOWER SUMMERLANDS is a very large flat of 88m², built sometime between 1950 and 1966, which could now be worth an estimated £240,947. It was last sold for £192,000 in February 2014, which was around 46% above the average February 2014 flat price in the Exeter local authority area. The most recent EPC inspection was May 2011, where the current energy rating was D, and the potential energy rating was C.

5 LOWER SUMMERLANDS Sold Prices

Land registry data shows one sale for 5 LOWER SUMMERLANDS since 1^st January 1995. The below table shows the price paid for the one sale, along with the average flat 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
2014 18 FEB	£192,000	£131,346	46% above HPI

What might 5 LOWER SUMMERLANDS be worth now?

5 LOWER SUMMERLANDS might now be worth an estimated £240,947.

This is based on house price inflation of 25.5%, between February 2014 and May 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 25.5% inflationary increase is applied to the most recent sale price for 5 LOWER SUMMERLANDS of £192,000 on 18th February 2014. For the value to have increased from £192,000 to £240,947 over the eleven years and nine months to May 2026, the following assumptions must hold true:

• The value of 5 LOWER SUMMERLANDS has moved in line with the HPI for flats in the Exeter local authority area.
• The February 2014 sale price of £192,000 represented a fair market value for the property.
• The size, condition, and specification of 5 LOWER SUMMERLANDS has not materially changed since February 2014.

How Large is 5 LOWER SUMMERLANDS?

5 LOWER SUMMERLANDS is 88m² according to the EPC inspection conducted in May 2011. This puts it in the largest 10% of flats in Exeter, based on EPC data. 92% of flats are smaller than 5 LOWER SUMMERLANDS, and 8% of flats are larger. Note that EPC data is not available for all properties in Exeter.

5 LOWER SUMMERLANDS: Plot

5 LOWER SUMMERLANDS sits on a plot of roughly 0.197 of an acre, or 799m².

Where is 5 LOWER SUMMERLANDS?

5 LOWER SUMMERLANDS is located in EXETER, in the EX1 postcode district.