3, CHERRY MEADOW, CHERITON FITZPAINE, CREDITON, EX17 4JX - £325,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

3 CHERRY MEADOW is a very small detached house of 91m², built sometime between 1967 and 1975. It was last sold for £325,000 in May 2022, which was around 22% below the average May 2022 detached price in the Mid Devon local authority area. The most recent EPC inspection was May 2020, where the current energy rating was E, and the potential energy rating was D.

3 CHERRY MEADOW Sold Prices

Land registry data shows six sales for 3 CHERRY MEADOW since 1^st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the Mid Devon local authority area for the corresponding sale date. All of the six 3 CHERRY 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
2022 5 MAY	£325,000	£416,799	22% below HPI
2011 16 JUN	£228,000	£270,213	16% below HPI
2009 15 JAN	£208,000	£253,325	18% below HPI
2005 20 OCT	£175,000	£261,795	33% below HPI
2003 14 JUL	£163,000	£210,054	22% below HPI
1998 23 OCT	£60,000	£101,771	41% below HPI

3 CHERRY MEADOW 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 six 3 CHERRY MEADOW sales between October 1998 and May 2022 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 June 2011 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the May 2022 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is 3 CHERRY MEADOW?

3 CHERRY MEADOW is 91m² according to the EPC inspection conducted in May 2020. This puts it in the smallest 20% of detached houses in Cheriton Fitzpaine, based on EPC data. The below chart shows the distribution of detached houses by size in Cheriton Fitzpaine, and where 3 CHERRY MEADOW lies on this distribution: 19% of detached houses are smaller than 3 CHERRY MEADOW, and 81% of houses are larger. Note that EPC data is not available for all properties in Cheriton Fitzpaine.

3 CHERRY MEADOW: Plot and Title Map

3 CHERRY MEADOW sits on a plot of roughly 0.094 of an acre, or 382m². The below map shows the location of 3 CHERRY 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 3 CHERRY 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 3 CHERRY MEADOW?

3 CHERRY MEADOW is located in CHERITON FITZPAINE, in the EX17 postcode district. The below map shows the position of No. 3 on CHERRY MEADOW.