1, CHURCH CLOSE, LAPFORD, CREDITON, EX17 6PP - £200,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

1 CHURCH CLOSE is a very small detached house of 72m², built sometime between 1950 and 1966. It was last sold for £200,000 in December 2022, which was around 57% below the average December 2022 detached price in the Mid Devon local authority area. The most recent EPC inspection was February 2022, where the current energy rating was F, and the potential energy rating was B.

1 CHURCH CLOSE Sold Prices

Land registry data shows three sales for 1 CHURCH CLOSE 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 1 CHURCH 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
2022 16 DEC	£200,000	£463,582	57% below HPI
2009 2 NOV	£149,500	£268,912	44% below HPI
1995 15 SEP	£42,500	£83,478	49% below HPI

1 CHURCH CLOSE 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 1 CHURCH CLOSE sales between September 1995 and December 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 November 2009 sale was for 44% below the HPI. So the extrapolation line tracks at 44% below the HPI over time, until the December 2022 sale, where it falls to 57% below the HPI. The line then continues to track at 57% below the HPI.

What might 1 CHURCH CLOSE be worth now?

1 CHURCH CLOSE might now be worth an estimated £187,555.

This is based on house price deflation of 6.2%, between December 2022 and December 2024, for detached houses, in the Mid Devon local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 6.2% deflationary decrease is applied to the most recent sale price for 1 CHURCH CLOSE of £200,000 on 16th December 2022. For the value to have decreased from £200,000 to £187,555 over the two years to December 2024, the following assumptions must hold true:

• The value of 1 CHURCH CLOSE has moved in line with the HPI for detached houses in the Mid Devon local authority area.
• The December 2022 sale price of £200,000 represented a fair market value for the property.
• The size, condition, and specification of 1 CHURCH CLOSE has not materially changed since December 2022.

How Large is 1 CHURCH CLOSE?

1 CHURCH CLOSE is 72m² according to the EPC inspection conducted in February 2022. This puts it in the smallest 10% of detached houses houses in Lapford, based on EPC data. The below chart shows the distribution of detached houses houses by size in Lapford, and where 1 CHURCH CLOSE lies on this distribution: 9% of detached houses houses are smaller than 1 CHURCH CLOSE, and 90% of houses are larger. Note that EPC data is not available for all properties in Lapford.

1 CHURCH CLOSE: Plot and Title Map

1 CHURCH CLOSE sits on a plot of roughly 0.075 of an acre, or 304m². The below map shows the location of 1 CHURCH 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 CHURCH 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 CHURCH CLOSE?

1 CHURCH CLOSE is located in LAPFORD, in the EX17 postcode district. The below map shows the position of No. 1 on CHURCH CLOSE.