2, TOWER GARDENS, CREDITON, EX17 2BQ - £198,500

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

2 TOWER GARDENS is a very small extended detached house of 71m², built sometime between 1976 and 1982. It was last sold for £198,500 in September 2020, which was around 45% below the average September 2020 detached price in the Mid Devon local authority area. The most recent EPC inspection was March 2020, where the current energy rating was D, and the potential energy rating was B.

2 TOWER GARDENS Sold Prices

Land registry data shows three sales for 2 TOWER GARDENS 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 2 TOWER GARDENS 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
2020 11 SEP	£198,500	£360,124	45% below HPI
2002 16 SEP	£110,000	£189,154	42% below HPI
2002 30 AUG	£110,000	£183,818	40% below HPI

2 TOWER GARDENS 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 2 TOWER GARDENS sales between August 2002 and September 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 September 2002 sale was for 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the September 2020 sale, where it falls to 45% below the HPI. The line then continues to track at 45% below the HPI.

How Large is 2 TOWER GARDENS?

2 TOWER GARDENS is 71m², which includes one extension, according to the EPC inspection conducted in March 2020. This puts it in the smallest 10% of detached houses in Crediton, based on EPC data. The below chart shows the distribution of detached houses by size in Crediton, and where 2 TOWER GARDENS lies on this distribution: 8% of detached houses are smaller than 2 TOWER GARDENS, and 91% of houses are larger. Note that EPC data is not available for all properties in Crediton.

2 TOWER GARDENS: Plot and Title Map

2 TOWER GARDENS sits on a plot of roughly 0.077 of an acre, or 311m². The below map shows the location of 2 TOWER GARDENS, 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 TOWER GARDENS). 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 TOWER GARDENS?

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