1, CEDAR CLOSE, CRANBROOK, EXETER, EX5 7FX - £275,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

1 CEDAR CLOSE is a small detached house of 91m². It was last sold for £275,000 in May 2021, which was around 38% below the average May 2021 detached price in the East Devon local authority area. The most recent EPC inspection was September 2017, where the current energy rating was B, and the potential energy rating was A.

1 CEDAR CLOSE Sold Prices

Land registry data shows two sales for 1 CEDAR 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 East Devon local authority area for the corresponding sale date. Both of the two 1 CEDAR CLOSE sales were 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 28 MAY	£275,000	£446,447	38% below HPI
2017 31 MAY	£249,995	£390,554	36% below HPI

1 CEDAR CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the East Devon local authority area over time, sourced from the HPI. The two 1 CEDAR CLOSE sales from May 2017 and May 2021 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 May 2017 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the May 2021 sale, where it falls to 38% below the HPI. The line then continues to track at 38% below the HPI.

How Large is 1 CEDAR CLOSE?

1 CEDAR CLOSE is 91m² according to the EPC inspection conducted in September 2017. This puts it in the smallest 40% of detached houses in Cranbrook, based on EPC data. The below chart shows the distribution of detached houses by size in Cranbrook, and where 1 CEDAR CLOSE lies on this distribution: 33% of detached houses are smaller than 1 CEDAR CLOSE, and 59% of houses are larger. Note that EPC data is not available for all properties in Cranbrook.

1 CEDAR CLOSE: Plot and Title Map

1 CEDAR CLOSE sits on a plot of roughly 0.046 of an acre, or 186m². The below map shows the location of 1 CEDAR CLOSE, 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 1 CEDAR CLOSE). 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 1 CEDAR CLOSE?

1 CEDAR CLOSE is located in CRANBROOK, in the EX5 postcode district. The below map shows the position of No. 1 on CEDAR CLOSE.