4, LAKE VIEW, CREDITON, EX17 1DW - £396,000

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.

4 LAKE VIEW is a very large extended detached house of 187m², built sometime between 1976 and 1982, which could now be worth an estimated £532,063. It was last sold for £396,000 in August 2015, which was around 26% above the average August 2015 detached price in the Mid Devon local authority area. The most recent EPC inspection was September 2015, where the current energy rating was D, and the potential energy rating was C.

4 LAKE VIEW Sold Prices

Land registry data shows two sales for 4 LAKE VIEW 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 4 LAKE VIEW 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
2015 28 AUG	£396,000	£313,869	26% above HPI
2001 28 FEB	£162,000	£136,835	18% above HPI

4 LAKE VIEW 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 4 LAKE VIEW sales from February 2001 and August 2015 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 February 2001 sale was for 18% above the HPI. So the extrapolation line tracks at 18% above the HPI over time, until the August 2015 sale, where it rises to 26% above the HPI. The line then continues to track at 26% above the HPI.

What might 4 LAKE VIEW be worth now?

4 LAKE VIEW might now be worth an estimated £532,063.

This is based on house price inflation of 34.4%, between August 2015 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 34.4% inflationary increase is applied to the most recent sale price for 4 LAKE VIEW of £396,000 on 28th August 2015. For the value to have increased from £396,000 to £532,063 over the ten years and six months to February 2025, the following assumptions must hold true:

• The value of 4 LAKE VIEW has moved in line with the HPI for detached houses in the Mid Devon local authority area.
• The August 2015 sale price of £396,000 represented a fair market value for the property.
• The size, condition, and specification of 4 LAKE VIEW has not materially changed since August 2015.

How Large is 4 LAKE VIEW?

4 LAKE VIEW is 187m², which includes one extension, according to the EPC inspection conducted in September 2015. This puts it in the largest 10% 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 4 LAKE VIEW lies on this distribution: 93% of detached houses houses are smaller than 4 LAKE VIEW, and 7% of houses are larger. Note that EPC data is not available for all properties in Crediton.

4 LAKE VIEW: Plot and Title Map

4 LAKE VIEW sits on a plot of roughly 0.262 of an acre, or 1,062m². The below map shows the location of 4 LAKE VIEW, 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 4 LAKE VIEW). 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 4 LAKE VIEW?

4 LAKE VIEW is located in CREDITON, in the EX17 postcode district. The below map shows the position of No. 4 on LAKE VIEW.