22, RUSSELL DRIVE, EAST BUDLEIGH, BUDLEIGH SALTERTON, EX9 7EJ - £475,000

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

22 RUSSELL DRIVE is a large extended detached house of 136m², built sometime between 1967 and 1975. It was last sold for £475,000 in January 2016, which was around 25% above the average January 2016 detached price in the East Devon local authority area. The most recent EPC inspection was October 2015, where the current energy rating was D, and the potential energy rating was C.

22 RUSSELL DRIVE Sold Prices

Land registry data shows three sales for 22 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. All of the three 22 RUSSELL DRIVE 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
2016 15 JAN	£475,000	£381,358	25% above HPI
2006 13 SEP	£365,000	£322,205	13% above HPI
2003 7 JAN	£312,500	£251,749	24% above HPI

22 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 22 RUSSELL DRIVE sales between January 2003 and January 2016 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 2006 sale was for 13% above the HPI. So the extrapolation line tracks at 13% above the HPI over time, until the January 2016 sale, where it rises to 25% above the HPI. The line then continues to track at 25% above the HPI.

What might 22 RUSSELL DRIVE be worth now?

22 RUSSELL DRIVE might now be worth an estimated £676,225.

This is based on house price inflation of 42.4%, between January 2016 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 42.4% inflationary increase is applied to the most recent sale price for 22 RUSSELL DRIVE of £475,000 on 15th January 2016. For the value to have increased from £475,000 to £676,225 over the seven years and one month to December 2024, the following assumptions must hold true:

• The value of 22 RUSSELL DRIVE has moved in line with the HPI for detached houses in the East Devon local authority area.
• The January 2016 sale price of £475,000 represented a fair market value for the property.
• The size, condition, and specification of 22 RUSSELL DRIVE has not materially changed since January 2016.

How Large is 22 RUSSELL DRIVE?

22 RUSSELL DRIVE is 136m², which includes one extension, according to the EPC inspection conducted in October 2015. This puts it in the largest 40% 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 22 RUSSELL DRIVE lies on this distribution: 68% of detached houses houses are smaller than 22 RUSSELL DRIVE, and 32% of houses are larger. Note that EPC data is not available for all properties in East Budleigh.

22 RUSSELL DRIVE: Plot and Title Map

22 RUSSELL DRIVE sits on a plot of roughly 0.149 of an acre, or 602m². The below map shows the location of 22 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 22 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 22 RUSSELL DRIVE?

22 RUSSELL DRIVE is located in EAST BUDLEIGH, in the EX9 postcode district. The below map shows the position of No. 22 on RUSSELL DRIVE.