3, LAKE VIEW, CREDITON, EX17 1DW - £505,000

3 LAKE VIEW is a very large extended detached house of 155m², built sometime between 1983 and 1990. It was last sold for £505,000 in September 2022, which was around 13% above the average September 2022 detached price in the Mid Devon local authority area. The most recent EPC inspection was March 2017, where the current energy rating was E, and the potential energy rating was C.

3 LAKE VIEW Sold Prices

Land registry data shows three sales for 3 LAKE VIEW since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Mid Devon local authority area for the corresponding sale date. All of the three 3 LAKE VIEW 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
2022 12 SEP	£505,000	£446,510	13% above HPI
2017 1 DEC	£420,000	£338,682	24% above HPI
1999 7 JUN	£141,000	£100,945	40% above HPI

3 LAKE VIEW Price Paid vs. HPI Average

The below graph shows the average detached house price in the Mid Devon local authority area over time, sourced from the HPI. The three 3 LAKE VIEW sales between June 1999 and September 2022 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the December 2017 sale was for 24% above the HPI. So the extrapolation line tracks at 24% above the HPI over time, until the September 2022 sale, where it falls to 13% above the HPI. The line then continues to track at 13% above the HPI.

How Large is 3 LAKE VIEW?

3 LAKE VIEW is 155m², which includes two extensions, according to the EPC inspection conducted in March 2017. This puts it in the largest 20% of detached houses in Crediton, based on EPC data. The below chart shows the distribution of detached houses by size in Crediton, and where 3 LAKE VIEW lies on this distribution: 83% of detached houses are smaller than 3 LAKE VIEW, and 16% of houses are larger. Note that EPC data is not available for all properties in Crediton.

3 LAKE VIEW: Plot and Title Map

3 LAKE VIEW sits on a plot of roughly 0.228 of an acre, or 923m². The below map shows the location of 3 LAKE VIEW, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 3 LAKE VIEW). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 3 LAKE VIEW?

3 LAKE VIEW is located in CREDITON, in the EX17 postcode district. The below map shows the position of No. 3 on LAKE VIEW.