1, UNION TERRACE, CREDITON, EX17 3DY - £490,000

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.

1 UNION TERRACE is a very large detached house of 249m², built sometime before 1900, which could now be worth an estimated £553,321. It was last sold for £490,000 in December 2020, which was around 31% above the average December 2020 detached price in the Mid Devon local authority area. The most recent EPC inspection was May 2024, where the current energy rating was D, and the potential energy rating was B.

1 UNION TERRACE Sold Prices

Land registry data shows five sales for 1 UNION TERRACE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Mid Devon local authority area for the corresponding sale date. Most of the five 1 UNION TERRACE 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
2020 22 DEC	£490,000	£373,452	31% above HPI
2012 9 JUL	£363,000	£285,140	27% above HPI
2000 15 DEC	£137,000	£139,281	2% below HPI
1999 31 AUG	£122,500	£110,634	11% above HPI
1996 19 JAN	£106,000	£84,017	26% above HPI

1 UNION TERRACE 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 five 1 UNION TERRACE sales between January 1996 and December 2020 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 July 2012 sale was for 27% above the HPI. So the extrapolation line tracks at 27% above the HPI over time, until the December 2020 sale, where it rises to 31% above the HPI. The line then continues to track at 31% above the HPI.

What might 1 UNION TERRACE be worth now?

1 UNION TERRACE might now be worth an estimated £553,321.

This is based on house price inflation of 12.9%, between December 2020 and February 2025, 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 12.9% inflationary increase is applied to the most recent sale price for 1 UNION TERRACE of £490,000 on 22nd December 2020. For the value to have increased from £490,000 to £553,321 over the five years and ten months to February 2025, the following assumptions must hold true:

• The value of 1 UNION TERRACE has moved in line with the HPI for detached houses in the Mid Devon local authority area.
• The December 2020 sale price of £490,000 represented a fair market value for the property.
• The size, condition, and specification of 1 UNION TERRACE has not materially changed since December 2020.

How Large is 1 UNION TERRACE?

1 UNION TERRACE is 249m² according to the EPC inspection conducted in May 2024. This puts it in the largest 10% of detached houses houses in Crediton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Crediton, and where 1 UNION TERRACE lies on this distribution: 98% of detached houses houses are smaller than 1 UNION TERRACE, and 2% of houses are larger. Note that EPC data is not available for all properties in Crediton.

1 UNION TERRACE: Plot and Title Map

1 UNION TERRACE sits on a plot of roughly 0.267 of an acre, or 1,082m². The below map shows the location of 1 UNION TERRACE, 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 UNION TERRACE). 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 UNION TERRACE?

1 UNION TERRACE is located in CREDITON, in the EX17 postcode district. The below map shows the position of No. 1 on UNION TERRACE.