3, RUSSELL DRIVE, EAST BUDLEIGH, BUDLEIGH SALTERTON, EX9 7EJ - £250,000

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 RUSSELL DRIVE is a very small detached house of 78m², built sometime between 1950 and 1966, which could now be worth an estimated £402,290. It was last sold for £250,000 in May 2010, which was around 26% below the average May 2010 detached price in the East Devon local authority area. The most recent EPC inspection was January 2010, where the current energy rating was D, and the potential energy rating was D.

3 RUSSELL DRIVE Sold Prices

Land registry data shows three sales for 3 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 3 RUSSELL DRIVE 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
2010 10 MAY	£250,000	£337,389	26% below HPI
2002 12 JUL	£195,000	£218,202	11% below HPI
1997 21 MAR	£60,000	£102,845	42% below HPI

3 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 3 RUSSELL DRIVE sales between March 1997 and May 2010 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 July 2002 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the May 2010 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.

What might 3 RUSSELL DRIVE be worth now?

3 RUSSELL DRIVE might now be worth an estimated £402,290.

This is based on house price inflation of 60.9%, between May 2010 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 60.9% inflationary increase is applied to the most recent sale price for 3 RUSSELL DRIVE of £250,000 on 10th May 2010. For the value to have increased from £250,000 to £402,290 over the thirteen years and five months to December 2024, the following assumptions must hold true:

• The value of 3 RUSSELL DRIVE has moved in line with the HPI for detached houses in the East Devon local authority area.
• The May 2010 sale price of £250,000 represented a fair market value for the property.
• The size, condition, and specification of 3 RUSSELL DRIVE has not materially changed since May 2010.

How Large is 3 RUSSELL DRIVE?

3 RUSSELL DRIVE is 78m² according to the EPC inspection conducted in January 2010. This puts it in the smallest 20% 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 3 RUSSELL DRIVE lies on this distribution: 14% of detached houses houses are smaller than 3 RUSSELL DRIVE, and 86% of houses are larger. Note that EPC data is not available for all properties in East Budleigh.

3 RUSSELL DRIVE: Plot and Title Map

3 RUSSELL DRIVE sits on a plot of roughly 0.119 of an acre, or 480m². The below map shows the location of 3 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 3 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 3 RUSSELL DRIVE?

3 RUSSELL DRIVE is located in EAST BUDLEIGH, in the EX9 postcode district. The below map shows the position of No. 3 on RUSSELL DRIVE.