18, MAYFIELD WAY, CRANBROOK, EXETER, EX5 7BE - £242,000

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

18 MAYFIELD WAY is a very small detached house of 76m². It was last sold for £242,000 in October 2015, which was around 35% below the average October 2015 detached price in the East Devon local authority area. The most recent EPC inspection was October 2011, where the current energy rating was B, and the potential energy rating was B.

18 MAYFIELD WAY Sold Prices

Land registry data shows two sales for 18 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 18 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
2015 23 OCT	£242,000	£372,051	35% below HPI
2012 21 DEC	£237,995	£325,840	27% below HPI

18 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 18 MAYFIELD WAY sales from December 2012 and October 2015 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 December 2012 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the October 2015 sale, where it falls to 35% below the HPI. The line then continues to track at 35% below the HPI.

How Large is 18 MAYFIELD WAY?

18 MAYFIELD WAY is 76m² according to the EPC inspection conducted in October 2011. 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 18 MAYFIELD WAY lies on this distribution: 2% of detached houses are smaller than 18 MAYFIELD WAY, and 95% of houses are larger. Note that EPC data is not available for all properties in Cranbrook.

18 MAYFIELD WAY: Plot and Title Map

18 MAYFIELD WAY sits on a plot of roughly 0.062 of an acre, or 249m². The below map shows the location of 18 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 18 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 18 MAYFIELD WAY?

18 MAYFIELD WAY is located in CRANBROOK, in the EX5 postcode district. The below map shows the position of No. 18 on MAYFIELD WAY.