23, SUMMER MEADOW, CRANBROOK, EXETER, EX5 7DE - £375,000

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

23 SUMMER MEADOW is a large detached house of 113m². It was last sold for £375,000 in May 2023, which was around 27% below the average May 2023 detached price in the East Devon local authority area. The most recent EPC inspection was January 2014, where the current energy rating was B, and the potential energy rating was B.

23 SUMMER MEADOW Sold Prices

Land registry data shows three sales for 23 SUMMER MEADOW 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 23 SUMMER MEADOW 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
2023 16 MAY	£375,000	£515,379	27% below HPI
2016 22 FEB	£287,500	£368,235	22% below HPI
2015 30 JUN	£329,995	£361,949	9% below HPI

23 SUMMER MEADOW 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 23 SUMMER MEADOW sales between June 2015 and May 2023 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 February 2016 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the May 2023 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is 23 SUMMER MEADOW?

23 SUMMER MEADOW is 113m² according to the EPC inspection conducted in January 2014. This puts it in the largest 40% of detached houses in Cranbrook, based on EPC data. The below chart shows the distribution of detached houses by size in Cranbrook, and where 23 SUMMER MEADOW lies on this distribution: 61% of detached houses are smaller than 23 SUMMER MEADOW, and 35% of houses are larger. Note that EPC data is not available for all properties in Cranbrook.

23 SUMMER MEADOW: Plot and Title Map

23 SUMMER MEADOW sits on a plot of roughly 0.066 of an acre, or 269m². The below map shows the location of 23 SUMMER MEADOW, 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 23 SUMMER MEADOW). 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 23 SUMMER MEADOW?

23 SUMMER MEADOW is located in CRANBROOK, in the EX5 postcode district. The below map shows the position of No. 23 on SUMMER MEADOW.