38, SHAREFORD WAY, CRANBROOK, EXETER, EX5 7EZ - £285,000

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

38 SHAREFORD WAY is a small detached house of 89m². It was last sold for £285,000 in August 2019, which was around 34% below the average August 2019 detached price in the East Devon local authority area. The most recent EPC inspection was November 2015, where the current energy rating was B, and the potential energy rating was A.

38 SHAREFORD WAY Sold Prices

Land registry data shows two sales for 38 SHAREFORD WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the East Devon local authority area for the corresponding sale date. Both of the two 38 SHAREFORD WAY 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
2019 22 AUG	£285,000	£428,824	34% below HPI
2017 30 JUN	£298,995	£388,564	23% below HPI

38 SHAREFORD WAY 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 two 38 SHAREFORD WAY sales from June 2017 and August 2019 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 2017 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the August 2019 sale, where it falls to 34% below the HPI. The line then continues to track at 34% below the HPI.

How Large is 38 SHAREFORD WAY?

38 SHAREFORD WAY is 89m² according to the EPC inspection conducted in November 2015. This puts it in the smallest 30% of detached houses in Cranbrook, based on EPC data. The below chart shows the distribution of detached houses by size in Cranbrook, and where 38 SHAREFORD WAY lies on this distribution: 25% of detached houses are smaller than 38 SHAREFORD WAY, and 73% of houses are larger. Note that EPC data is not available for all properties in Cranbrook.

38 SHAREFORD WAY: Plot and Title Map

38 SHAREFORD WAY sits on a plot of roughly 0.064 of an acre, or 257m². The below map shows the location of 38 SHAREFORD WAY, 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 38 SHAREFORD WAY). 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 38 SHAREFORD WAY?

38 SHAREFORD WAY is located in CRANBROOK, in the EX5 postcode district. The below map shows the position of No. 38 on SHAREFORD WAY.