10, PARK MEADOW CLOSE, LAPFORD, CREDITON, EX17 6QY - £250,000

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

10 PARK MEADOW CLOSE is a small detached house of 98m², built sometime between 1967 and 1975. It was last sold for £250,000 in June 2017, which was around 25% below the average June 2017 detached price in the Mid Devon local authority area. The most recent EPC inspection was August 2014, where the current energy rating was E, and the potential energy rating was C.

10 PARK MEADOW CLOSE Sold Prices

Land registry data shows two sales for 10 PARK MEADOW 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 Mid Devon local authority area for the corresponding sale date. Both of the two 10 PARK MEADOW 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
2017 7 JUN	£250,000	£335,275	25% below HPI
2004 20 AUG	£210,000	£260,606	19% below HPI

10 PARK MEADOW 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 two 10 PARK MEADOW CLOSE sales from August 2004 and June 2017 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 August 2004 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the June 2017 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

What might 10 PARK MEADOW CLOSE be worth now?

10 PARK MEADOW CLOSE might now be worth an estimated £324,163.

This is based on house price inflation of 29.7%, between June 2017 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 29.7% inflationary increase is applied to the most recent sale price for 10 PARK MEADOW CLOSE of £250,000 on 7th June 2017. For the value to have increased from £250,000 to £324,163 over the six years and six months to December 2024, the following assumptions must hold true:

• The value of 10 PARK MEADOW CLOSE has moved in line with the HPI for detached houses in the Mid Devon local authority area.
• The June 2017 sale price of £250,000 represented a fair market value for the property.
• The size, condition, and specification of 10 PARK MEADOW CLOSE has not materially changed since June 2017.

How Large is 10 PARK MEADOW CLOSE?

10 PARK MEADOW CLOSE is 98m² according to the EPC inspection conducted in August 2014. This puts it in the smallest 40% 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 10 PARK MEADOW CLOSE lies on this distribution: 31% of detached houses houses are smaller than 10 PARK MEADOW CLOSE, and 69% of houses are larger. Note that EPC data is not available for all properties in Lapford.

10 PARK MEADOW CLOSE: Plot and Title Map

10 PARK MEADOW CLOSE sits on a plot of roughly 0.104 of an acre, or 421m². The below map shows the location of 10 PARK MEADOW 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 10 PARK MEADOW 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 10 PARK MEADOW CLOSE?

10 PARK MEADOW CLOSE is located in LAPFORD, in the EX17 postcode district. The below map shows the position of No. 10 on PARK MEADOW CLOSE.