24, RUSSELL DRIVE, EAST BUDLEIGH, BUDLEIGH SALTERTON, EX9 7EJ - £561,000

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

24 RUSSELL DRIVE is a midsized detached house of 120m², built sometime between 1976 and 1982. It was last sold for £561,000 in February 2019, which was around 25% above the average February 2019 detached price in the East Devon local authority area. The most recent EPC inspection was November 2010, where the current energy rating was D, and the potential energy rating was C.

24 RUSSELL DRIVE Sold Prices

Land registry data shows two sales for 24 RUSSELL DRIVE 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 24 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
2019 15 FEB	£561,000	£448,851	25% above HPI
2011 11 FEB	£430,000	£333,744	29% above HPI

24 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 two 24 RUSSELL DRIVE sales from February 2011 and February 2019 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 2011 sale was for 29% above the HPI. So the extrapolation line tracks at 29% above the HPI over time, until the February 2019 sale, where it falls to 25% above the HPI. The line then continues to track at 25% above the HPI.

What might 24 RUSSELL DRIVE be worth now?

24 RUSSELL DRIVE might now be worth an estimated £678,564.

This is based on house price inflation of 21%, between February 2019 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 21% inflationary increase is applied to the most recent sale price for 24 RUSSELL DRIVE of £561,000 on 15th February 2019. For the value to have increased from £561,000 to £678,564 over the four years and two months to December 2024, the following assumptions must hold true:

• The value of 24 RUSSELL DRIVE has moved in line with the HPI for detached houses in the East Devon local authority area.
• The February 2019 sale price of £561,000 represented a fair market value for the property.
• The size, condition, and specification of 24 RUSSELL DRIVE has not materially changed since February 2019.

How Large is 24 RUSSELL DRIVE?

24 RUSSELL DRIVE is 120m² according to the EPC inspection conducted in November 2010. This puts it in the largest 50% 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 24 RUSSELL DRIVE lies on this distribution: 56% of detached houses houses are smaller than 24 RUSSELL DRIVE, and 44% of houses are larger. Note that EPC data is not available for all properties in East Budleigh.

24 RUSSELL DRIVE: Plot and Title Map

24 RUSSELL DRIVE sits on a plot of roughly 0.278 of an acre, or 1,124m². The below map shows the location of 24 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 24 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 24 RUSSELL DRIVE?

24 RUSSELL DRIVE is located in EAST BUDLEIGH, in the EX9 postcode district. The below map shows the position of No. 24 on RUSSELL DRIVE.