11, ALBERT CLOSE, CREDITON, EX17 2BU - £165,000

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.

11 ALBERT CLOSE is a very small detached house of 75m², built sometime between 1991 and 1995, which could now be worth an estimated £263,995. It was last sold for £165,000 in December 2009, which was around 39% below the average December 2009 detached price in the Mid Devon local authority area. The most recent EPC inspection was March 2020, where the current energy rating was C, and the potential energy rating was B.

11 ALBERT CLOSE Sold Prices

Land registry data shows two sales for 11 ALBERT 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 11 ALBERT 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
2009 7 DEC	£165,000	£269,385	39% below HPI
2008 25 FEB	£160,000	£304,981	48% below HPI

11 ALBERT 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 11 ALBERT CLOSE sales from February 2008 and December 2009 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 February 2008 sale was for 48% below the HPI. So the extrapolation line tracks at 48% below the HPI over time, until the December 2009 sale, where it rises to 39% below the HPI. The line then continues to track at 39% below the HPI.

What might 11 ALBERT CLOSE be worth now?

11 ALBERT CLOSE might now be worth an estimated £263,995.

This is based on house price inflation of 60%, between December 2009 and March 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 60% inflationary increase is applied to the most recent sale price for 11 ALBERT CLOSE of £165,000 on 7th December 2009. For the value to have increased from £165,000 to £263,995 over the sixteen years and nine months to March 2025, the following assumptions must hold true:

• The value of 11 ALBERT CLOSE has moved in line with the HPI for detached houses in the Mid Devon local authority area.
• The December 2009 sale price of £165,000 represented a fair market value for the property.
• The size, condition, and specification of 11 ALBERT CLOSE has not materially changed since December 2009.

How Large is 11 ALBERT CLOSE?

11 ALBERT CLOSE is 75m² according to the EPC inspection conducted in March 2020. This puts it in the smallest 20% 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 11 ALBERT CLOSE lies on this distribution: 12% of detached houses houses are smaller than 11 ALBERT CLOSE, and 87% of houses are larger. Note that EPC data is not available for all properties in Crediton.

11 ALBERT CLOSE: Plot and Title Map

11 ALBERT CLOSE sits on a plot of roughly 0.066 of an acre, or 266m². The below map shows the location of 11 ALBERT 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 11 ALBERT 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 11 ALBERT CLOSE?

11 ALBERT CLOSE is located in CREDITON, in the EX17 postcode district. The below map shows the position of No. 11 on ALBERT CLOSE.