1, RUSSELL DRIVE, EAST BUDLEIGH, BUDLEIGH SALTERTON, EX9 7EJ - £138,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

1 RUSSELL DRIVE is a very small detached house of 72m², built sometime between 1967 and 1975. It was last sold for £138,000 in August 1999, which was around 11% above the average August 1999 detached price in the East Devon local authority area. The most recent EPC inspection was October 2023, where the current energy rating was C, and the potential energy rating was B.

1 RUSSELL DRIVE Sold Prices

Land registry data shows two sales for 1 RUSSELL DRIVE 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. One of the two 1 RUSSELL DRIVE sales was for above the average price, whilst the other was 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
1999 18 AUG	£138,000	£123,969	11% above HPI
1997 4 MAR	£75,000	£99,903	25% below HPI

1 RUSSELL DRIVE 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 RUSSELL DRIVE sales from March 1997 and August 1999 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 March 1997 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the August 1999 sale, where it rises to 11% above the HPI. The line then continues to track at 11% above the HPI.

How Large is 1 RUSSELL DRIVE?

1 RUSSELL DRIVE is 72m² according to the EPC inspection conducted in October 2023. This puts it in the smallest 10% of detached houses in East Budleigh, based on EPC data. The below chart shows the distribution of detached houses by size in East Budleigh, and where 1 RUSSELL DRIVE lies on this distribution: 6% of detached houses are smaller than 1 RUSSELL DRIVE, and 91% of houses are larger. Note that EPC data is not available for all properties in East Budleigh.

1 RUSSELL DRIVE: Plot and Title Map

1 RUSSELL DRIVE sits on a plot of roughly 0.169 of an acre, or 684m². The below map shows the location of 1 RUSSELL DRIVE, 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 RUSSELL DRIVE). 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 RUSSELL DRIVE?

1 RUSSELL DRIVE is located in EAST BUDLEIGH, in the EX9 postcode district. The below map shows the position of No. 1 on RUSSELL DRIVE.