12, MAYFIELD WAY, CRANBROOK, EXETER, EX5 7BE - £248,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

12 MAYFIELD WAY is a very small detached house of 77m², built sometime from 2012 onwards. It was last sold for £248,000 in November 2017, which was around 38% below the average November 2017 detached price in the East Devon local authority area. The most recent EPC inspection was May 2023, where the current energy rating was C, and the potential energy rating was B.

12 MAYFIELD WAY Sold Prices

Land registry data shows two sales for 12 MAYFIELD WAY 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. Both of the two 12 MAYFIELD WAY 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 17 NOV	£248,000	£401,864	38% below HPI
2016 30 JUN	£232,500	£368,922	37% below HPI

12 MAYFIELD WAY 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 12 MAYFIELD WAY sales from June 2016 and November 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 June 2016 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the November 2017 sale, where it falls to 38% below the HPI. The line then continues to track at 38% below the HPI.

How Large is 12 MAYFIELD WAY?

12 MAYFIELD WAY is 77m² according to the EPC inspection conducted in May 2023. This puts it in the smallest 10% of detached houses in Cranbrook, based on EPC data. The below chart shows the distribution of detached houses by size in Cranbrook, and where 12 MAYFIELD WAY lies on this distribution: 5% of detached houses are smaller than 12 MAYFIELD WAY, and 95% of houses are larger. Note that EPC data is not available for all properties in Cranbrook.

12 MAYFIELD WAY: Plot and Title Map

12 MAYFIELD WAY sits on a plot of roughly 0.046 of an acre, or 186m². The below map shows the location of 12 MAYFIELD WAY, 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 12 MAYFIELD WAY). 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 12 MAYFIELD WAY?

12 MAYFIELD WAY is located in CRANBROOK, in the EX5 postcode district. The below map shows the position of No. 12 on MAYFIELD WAY.