3, SOUTHFIELD DRIVE, CREDITON, EX17 2ET - £310,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

3 SOUTHFIELD DRIVE is a midsized detached house of 117m², built sometime between 2003 and 2006, which could now be worth an estimated £410,759. It was last sold for £310,000 in May 2016, which was around 3% below the average May 2016 detached price in the Mid Devon local authority area. The most recent EPC inspection was April 2015, where the current energy rating was C, and the potential energy rating was A.

3 SOUTHFIELD DRIVE Sold Prices

Land registry data shows two sales for 3 SOUTHFIELD 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 Mid Devon local authority area for the corresponding sale date. One of the two 3 SOUTHFIELD DRIVE sales was for below the average price, whilst the other was 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
2016 31 MAY	£310,000	£318,266	3% below HPI
2002 26 APR	£182,500	£163,236	12% above HPI

3 SOUTHFIELD DRIVE 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 SOUTHFIELD DRIVE sales from April 2002 and May 2016 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 April 2002 sale was for 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the May 2016 sale, where it falls to 3% below the HPI. The line then continues to track at 3% below the HPI.

What might 3 SOUTHFIELD DRIVE be worth now?

3 SOUTHFIELD DRIVE might now be worth an estimated £410,759.

This is based on house price inflation of 32.5%, between May 2016 and February 2025, 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 32.5% inflationary increase is applied to the most recent sale price for 3 SOUTHFIELD DRIVE of £310,000 on 31st May 2016. For the value to have increased from £310,000 to £410,759 over the nine years and three months to February 2025, the following assumptions must hold true:

• The value of 3 SOUTHFIELD DRIVE has moved in line with the HPI for detached houses in the Mid Devon local authority area.
• The May 2016 sale price of £310,000 represented a fair market value for the property.
• The size, condition, and specification of 3 SOUTHFIELD DRIVE has not materially changed since May 2016.

How Large is 3 SOUTHFIELD DRIVE?

3 SOUTHFIELD DRIVE is 117m² according to the EPC inspection conducted in April 2015. This puts it in the largest 50% of detached houses houses in Crediton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Crediton, and where 3 SOUTHFIELD DRIVE lies on this distribution: 55% of detached houses houses are smaller than 3 SOUTHFIELD DRIVE, and 44% of houses are larger. Note that EPC data is not available for all properties in Crediton.

3 SOUTHFIELD DRIVE: Plot and Title Map

3 SOUTHFIELD DRIVE sits on a plot of roughly 0.089 of an acre, or 360m². The below map shows the location of 3 SOUTHFIELD 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 SOUTHFIELD 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 SOUTHFIELD DRIVE?

3 SOUTHFIELD DRIVE is located in CREDITON, in the EX17 postcode district. The below map shows the position of No. 3 on SOUTHFIELD DRIVE.