2, SAXON CLOSE, CREDITON, EX17 3DS - £259,000

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.

2 SAXON CLOSE is a small extended semi-detached house of 89m², built sometime between 2003 and 2006, which could now be worth an estimated £293,816. It was last sold for £259,000 in January 2021, which was around 5% above the average January 2021 semi-detached price in the Mid Devon local authority area. The most recent EPC inspection was September 2020, where the current energy rating was C, and the potential energy rating was B.

2 SAXON CLOSE Sold Prices

Land registry data shows three sales for 2 SAXON CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Mid Devon local authority area for the corresponding sale date. All of the three 2 SAXON CLOSE sales were for above 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
2021 8 JAN	£259,000	£245,662	5% above HPI
2012 14 DEC	£184,000	£177,457	4% above HPI
2009 5 JUN	£183,950	£174,800	5% above HPI

2 SAXON CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Mid Devon local authority area over time, sourced from the HPI. The three 2 SAXON CLOSE sales between June 2009 and January 2021 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 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the January 2021 sale, where it rises to 5% above the HPI. The line then continues to track at 5% above the HPI.

What might 2 SAXON CLOSE be worth now?

2 SAXON CLOSE might now be worth an estimated £293,816.

This is based on house price inflation of 13.4%, between January 2021 and February 2025, for semi-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 13.4% inflationary increase is applied to the most recent sale price for 2 SAXON CLOSE of £259,000 on 8th January 2021. For the value to have increased from £259,000 to £293,816 over the three years and eleven months to February 2025, the following assumptions must hold true:

• The value of 2 SAXON CLOSE has moved in line with the HPI for semi-detached houses in the Mid Devon local authority area.
• The January 2021 sale price of £259,000 represented a fair market value for the property.
• The size, condition, and specification of 2 SAXON CLOSE has not materially changed since January 2021.

How Large is 2 SAXON CLOSE?

2 SAXON CLOSE is 89m², which includes one extension, according to the EPC inspection conducted in September 2020. This puts it in the smallest 30% of semi-detached houses houses in Crediton, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Crediton, and where 2 SAXON CLOSE lies on this distribution: 25% of semi-detached houses houses are smaller than 2 SAXON CLOSE, and 74% of houses are larger. Note that EPC data is not available for all properties in Crediton.

2 SAXON CLOSE: Plot and Title Map

2 SAXON CLOSE sits on a plot of roughly 0.050 of an acre, or 203m². The below map shows the location of 2 SAXON 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 2 SAXON 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 2 SAXON CLOSE?

2 SAXON CLOSE is located in CREDITON, in the EX17 postcode district. The below map shows the position of No. 2 on SAXON CLOSE.