FLAT 3, 40, MAGDALEN ROAD, EXETER, EX2 4TE - £190,000

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.

FLAT 3 40 MAGDALEN ROAD is a very large flat of 96m², built sometime before 1900, which could now be worth an estimated £243,600. It was last sold for £190,000 in August 2006, which was around 48% above the average August 2006 flat price in the Exeter local authority area. The most recent EPC inspection was April 2022, where the current energy rating was D, and the potential energy rating was D.

FLAT 3 40 MAGDALEN ROAD Sold Prices

Land registry data shows two sales for FLAT 3 40 MAGDALEN ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average flat price in the Exeter local authority area for the corresponding sale date. Both of the two FLAT 3 40 MAGDALEN ROAD 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
2006 2 AUG	£190,000	£128,562	48% above HPI
2003 31 JAN	£135,000	£91,539	47% above HPI

What might FLAT 3 40 MAGDALEN ROAD be worth now?

FLAT 3 40 MAGDALEN ROAD might now be worth an estimated £243,600.

This is based on house price inflation of 28.2%, between August 2006 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 28.2% inflationary increase is applied to the most recent sale price for FLAT 3 40 MAGDALEN ROAD of £190,000 on 2nd August 2006. For the value to have increased from £190,000 to £243,600 over the twenty years and three months to May 2026, the following assumptions must hold true:

• The value of FLAT 3 40 MAGDALEN ROAD has moved in line with the HPI for flats in the Exeter local authority area.
• The August 2006 sale price of £190,000 represented a fair market value for the property.
• The size, condition, and specification of FLAT 3 40 MAGDALEN ROAD has not materially changed since August 2006.

How Large is FLAT 3 40 MAGDALEN ROAD?

FLAT 3 40 MAGDALEN ROAD is 96m² according to the EPC inspection conducted in April 2022. This puts it in the largest 10% of flats in Exeter, based on EPC data. 95% of flats are smaller than FLAT 3 40 MAGDALEN ROAD, and 5% of flats are larger. Note that EPC data is not available for all properties in Exeter.

FLAT 3 40 MAGDALEN ROAD: Plot

FLAT 3 40 MAGDALEN ROAD sits on a plot of roughly 0.195 of an acre, or 790m².

Where is FLAT 3 40 MAGDALEN ROAD?

FLAT 3, 40 MAGDALEN ROAD is located in EXETER, in the EX2 postcode district.