15, RUSSELL DRIVE, EAST BUDLEIGH, BUDLEIGH SALTERTON, EX9 7EJ - £440,000

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

15 RUSSELL DRIVE is a small extended detached house of 88m², built sometime between 1950 and 1966. It was last sold for £440,000 in July 2020, which was around 2% above the average July 2020 detached price in the East Devon local authority area. The most recent EPC inspection was October 2019, where the current energy rating was D, and the potential energy rating was C.

15 RUSSELL DRIVE Sold Prices

Land registry data shows three sales for 15 RUSSELL DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the East Devon local authority area for the corresponding sale date. Two of the three 15 RUSSELL DRIVE sales were for above the average price, whilst one was 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
2020 14 JUL	£440,000	£430,482	2% above HPI
2014 8 APR	£352,500	£346,647	2% above HPI
2010 30 SEP	£195,000	£351,871	45% below HPI

15 RUSSELL DRIVE 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 three 15 RUSSELL DRIVE sales between September 2010 and July 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 April 2014 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the July 2020 sale, which was also at 2% above the HPI.

What might 15 RUSSELL DRIVE be worth now?

15 RUSSELL DRIVE might now be worth an estimated £554,917.

This is based on house price inflation of 26.1%, between July 2020 and December 2024, for detached houses, in the East Devon local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 26.1% inflationary increase is applied to the most recent sale price for 15 RUSSELL DRIVE of £440,000 on 14th July 2020. For the value to have increased from £440,000 to £554,917 over the three years and seven months to December 2024, the following assumptions must hold true:

• The value of 15 RUSSELL DRIVE has moved in line with the HPI for detached houses in the East Devon local authority area.
• The July 2020 sale price of £440,000 represented a fair market value for the property.
• The size, condition, and specification of 15 RUSSELL DRIVE has not materially changed since July 2020.

How Large is 15 RUSSELL DRIVE?

15 RUSSELL DRIVE is 88m², which includes two extensions, according to the EPC inspection conducted in October 2019. This puts it in the smallest 30% of detached houses houses in East Budleigh, based on EPC data. The below chart shows the distribution of detached houses houses by size in East Budleigh, and where 15 RUSSELL DRIVE lies on this distribution: 20% of detached houses houses are smaller than 15 RUSSELL DRIVE, and 80% of houses are larger. Note that EPC data is not available for all properties in East Budleigh.

15 RUSSELL DRIVE: Plot and Title Map

15 RUSSELL DRIVE sits on a plot of roughly 0.132 of an acre, or 536m². The below map shows the location of 15 RUSSELL DRIVE, 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 15 RUSSELL DRIVE). 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 15 RUSSELL DRIVE?

15 RUSSELL DRIVE is located in EAST BUDLEIGH, in the EX9 postcode district. The below map shows the position of No. 15 on RUSSELL DRIVE.