3, BRIDGE MEADOW CLOSE, LAPFORD, CREDITON, EX17 6FH - £238,000

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

3 BRIDGE MEADOW CLOSE is a midsized detached house of 110m². It was last sold for £238,000 in March 2018, which was around 32% below the average March 2018 detached price in the Mid Devon local authority area. The most recent EPC inspection was March 2016, where the current energy rating was C, and the potential energy rating was B.

3 BRIDGE MEADOW CLOSE Sold Prices

Land registry data shows two sales for 3 BRIDGE MEADOW CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Mid Devon local authority area for the corresponding sale date. Both of the two 3 BRIDGE MEADOW CLOSE 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
2018 26 MAR	£238,000	£351,234	32% below HPI
2016 22 MAR	£230,000	£310,074	26% below HPI

3 BRIDGE MEADOW CLOSE 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 two 3 BRIDGE MEADOW CLOSE sales from March 2016 and March 2018 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 March 2016 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the March 2018 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.

What might 3 BRIDGE MEADOW CLOSE be worth now?

3 BRIDGE MEADOW CLOSE might now be worth an estimated £294,581.

This is based on house price inflation of 23.8%, between March 2018 and December 2024, for 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 23.8% inflationary increase is applied to the most recent sale price for 3 BRIDGE MEADOW CLOSE of £238,000 on 26th March 2018. For the value to have increased from £238,000 to £294,581 over the five years and three months to December 2024, the following assumptions must hold true:

• The value of 3 BRIDGE MEADOW CLOSE has moved in line with the HPI for detached houses in the Mid Devon local authority area.
• The March 2018 sale price of £238,000 represented a fair market value for the property.
• The size, condition, and specification of 3 BRIDGE MEADOW CLOSE has not materially changed since March 2018.

How Large is 3 BRIDGE MEADOW CLOSE?

3 BRIDGE MEADOW CLOSE is 110m² according to the EPC inspection conducted in March 2016. This puts it in the smallest 50% of detached houses houses in Lapford, based on EPC data. The below chart shows the distribution of detached houses houses by size in Lapford, and where 3 BRIDGE MEADOW CLOSE lies on this distribution: 42% of detached houses houses are smaller than 3 BRIDGE MEADOW CLOSE, and 57% of houses are larger. Note that EPC data is not available for all properties in Lapford.

3 BRIDGE MEADOW CLOSE: Plot and Title Map

3 BRIDGE MEADOW CLOSE sits on a plot of roughly 0.059 of an acre, or 240m². The below map shows the location of 3 BRIDGE MEADOW 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 3 BRIDGE MEADOW 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 3 BRIDGE MEADOW CLOSE?

3 BRIDGE MEADOW CLOSE is located in LAPFORD, in the EX17 postcode district. The below map shows the position of No. 3 on BRIDGE MEADOW CLOSE.