31, RUSSELL DRIVE, EAST BUDLEIGH, BUDLEIGH SALTERTON, EX9 7EJ - £510,000

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 RUSSELL DRIVE is a large extended detached house of 138m², built sometime between 1976 and 1982. It was last sold for £510,000 in February 2017, which was around 26% above the average February 2017 detached price in the East Devon local authority area. The most recent EPC inspection was December 2010, where the current energy rating was D, and the potential energy rating was C.

31 RUSSELL DRIVE Sold Prices

Land registry data shows four sales for 31 RUSSELL DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the East Devon local authority area for the corresponding sale date. All of the four 31 RUSSELL DRIVE sales were 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
2017 14 FEB	£510,000	£403,191	26% above HPI
2011 1 MAR	£475,000	£337,226	41% above HPI
2002 16 SEP	£335,000	£231,672	45% above HPI
2001 14 JUN	£255,000	£169,906	50% above HPI

31 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 four 31 RUSSELL DRIVE sales between June 2001 and February 2017 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 2011 sale was for 41% above the HPI. So the extrapolation line tracks at 41% above the HPI over time, until the February 2017 sale, where it falls to 26% above the HPI. The line then continues to track at 26% above the HPI.

What might 31 RUSSELL DRIVE be worth now?

31 RUSSELL DRIVE might now be worth an estimated £686,736.

This is based on house price inflation of 34.7%, between February 2017 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 34.7% inflationary increase is applied to the most recent sale price for 31 RUSSELL DRIVE of £510,000 on 14th February 2017. For the value to have increased from £510,000 to £686,736 over the six years and two months to December 2024, the following assumptions must hold true:

• The value of 31 RUSSELL DRIVE has moved in line with the HPI for detached houses in the East Devon local authority area.
• The February 2017 sale price of £510,000 represented a fair market value for the property.
• The size, condition, and specification of 31 RUSSELL DRIVE has not materially changed since February 2017.

How Large is 31 RUSSELL DRIVE?

31 RUSSELL DRIVE is 138m², which includes one extension, according to the EPC inspection conducted in December 2010. This puts it in the largest 40% 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 31 RUSSELL DRIVE lies on this distribution: 69% of detached houses houses are smaller than 31 RUSSELL DRIVE, and 31% of houses are larger. Note that EPC data is not available for all properties in East Budleigh.

31 RUSSELL DRIVE: Plot and Title Map

31 RUSSELL DRIVE sits on a plot of roughly 0.394 of an acre, or 1,596m². The below map shows the location of 31 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 31 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 31 RUSSELL DRIVE?

31 RUSSELL DRIVE is located in EAST BUDLEIGH, in the EX9 postcode district. The below map shows the position of No. 31 on RUSSELL DRIVE.