31, BEECH PARK, CREDITON, EX17 1HW - £225,000

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

31 BEECH PARK is a midsized extended detached house of 118m², built sometime between 1991 and 1995, which could now be worth an estimated £401,897. It was last sold for £225,000 in May 2004, which was around 8% below the average May 2004 detached price in the Mid Devon local authority area. The most recent EPC inspection was September 2016, where the current energy rating was C, and the potential energy rating was B.

31 BEECH PARK Sold Prices

Land registry data shows two sales for 31 BEECH PARK 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 31 BEECH PARK 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
2004 28 MAY	£225,000	£243,384	8% below HPI
2002 9 AUG	£164,950	£190,286	13% below HPI

31 BEECH PARK 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 31 BEECH PARK sales from August 2002 and May 2004 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 August 2002 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the May 2004 sale, where it rises to 8% below the HPI. The line then continues to track at 8% below the HPI.

What might 31 BEECH PARK be worth now?

31 BEECH PARK might now be worth an estimated £401,897.

This is based on house price inflation of 78.6%, between May 2004 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 78.6% inflationary increase is applied to the most recent sale price for 31 BEECH PARK of £225,000 on 28th May 2004. For the value to have increased from £225,000 to £401,897 over the nineteen years and five months to December 2024, the following assumptions must hold true:

• The value of 31 BEECH PARK has moved in line with the HPI for detached houses in the Mid Devon local authority area.
• The May 2004 sale price of £225,000 represented a fair market value for the property.
• The size, condition, and specification of 31 BEECH PARK has not materially changed since May 2004.

How Large is 31 BEECH PARK?

31 BEECH PARK is 118m², which includes one extension, according to the EPC inspection conducted in September 2016. 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 31 BEECH PARK lies on this distribution: 56% of detached houses houses are smaller than 31 BEECH PARK, and 44% of houses are larger. Note that EPC data is not available for all properties in Crediton.

31 BEECH PARK: Plot and Title Map

31 BEECH PARK sits on a plot of roughly 0.077 of an acre, or 310m². The below map shows the location of 31 BEECH PARK, 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 31 BEECH PARK). 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 31 BEECH PARK?

31 BEECH PARK is located in CREDITON, in the EX17 postcode district. The below map shows the position of No. 31 on BEECH PARK.