7, LOWER SUMMERLANDS, EXETER, EX1 2LJ - £495,000

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.

7 LOWER SUMMERLANDS is a terraced house, which could now be worth an estimated £767,149. It was last sold for £495,000 in December 2007, which was around 167% above the average December 2007 terraced price in the Exeter local authority area.

7 LOWER SUMMERLANDS Sold Prices

Land registry data shows two sales for 7 LOWER SUMMERLANDS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Exeter local authority area for the corresponding sale date. Both of the two 7 LOWER SUMMERLANDS 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
2007 19 DEC	£495,000	£185,143	167% above HPI
1996 26 APR	£137,000	£45,167	203% above HPI

What might 7 LOWER SUMMERLANDS be worth now?

7 LOWER SUMMERLANDS might now be worth an estimated £767,149.

This is based on house price inflation of 55%, between December 2007 and April 2026, for terraced 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 55% inflationary increase is applied to the most recent sale price for 7 LOWER SUMMERLANDS of £495,000 on 19th December 2007. For the value to have increased from £495,000 to £767,149 over the nineteen years and eight months to April 2026, the following assumptions must hold true:

• The value of 7 LOWER SUMMERLANDS has moved in line with the HPI for terraced houses in the Exeter local authority area.
• The December 2007 sale price of £495,000 represented a fair market value for the property.
• The size, condition, and specification of 7 LOWER SUMMERLANDS has not materially changed since December 2007.

Where is 7 LOWER SUMMERLANDS?

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