11, CHESTNUT CLOSE, CREDITON, EX17 1JD - £225,000

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

11 CHESTNUT CLOSE is a small detached house of 96m², built sometime between 1983 and 1990. It was last sold for £225,000 in May 2005, which was around 7% below the average May 2005 detached price in the Mid Devon local authority area. The most recent EPC inspection was March 2013, where the current energy rating was C, and the potential energy rating was B.

11 CHESTNUT CLOSE Sold Prices

Land registry data shows three sales for 11 CHESTNUT 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 11 CHESTNUT 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
2005 20 MAY	£225,000	£241,085	7% below HPI
2002 29 AUG	£162,500	£183,818	12% below HPI
2000 27 JUN	£113,950	£127,284	10% below HPI

11 CHESTNUT 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 11 CHESTNUT CLOSE sales between June 2000 and May 2005 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 2002 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the May 2005 sale, where it rises to 7% below the HPI. The line then continues to track at 7% below the HPI.

How Large is 11 CHESTNUT CLOSE?

11 CHESTNUT CLOSE is 96m² according to the EPC inspection conducted in March 2013. This puts it in the smallest 40% of detached houses in Crediton, based on EPC data. The below chart shows the distribution of detached houses by size in Crediton, and where 11 CHESTNUT CLOSE lies on this distribution: 34% of detached houses are smaller than 11 CHESTNUT CLOSE, and 65% of houses are larger. Note that EPC data is not available for all properties in Crediton.

11 CHESTNUT CLOSE: Plot and Title Map

11 CHESTNUT CLOSE sits on a plot of roughly 0.084 of an acre, or 339m². The below map shows the location of 11 CHESTNUT 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 CHESTNUT 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 CHESTNUT CLOSE?

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