4, TOWER GARDENS, CREDITON, EX17 2BQ - £210,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

4 TOWER GARDENS is a very small detached house of 61m², built sometime between 1976 and 1982. It was last sold for £210,000 in April 2022, which was around 49% below the average April 2022 detached price in the Mid Devon local authority area. The most recent EPC inspection was February 2018, where the current energy rating was D, and the potential energy rating was B.

4 TOWER GARDENS Sold Prices

Land registry data shows three sales for 4 TOWER GARDENS since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Mid Devon local authority area for the corresponding sale date. All of the three 4 TOWER GARDENS 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
2022 1 APR	£210,000	£408,339	49% below HPI
2019 30 MAY	£180,000	£337,970	47% below HPI
1996 8 NOV	£55,000	£84,924	35% below HPI

4 TOWER GARDENS 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 three 4 TOWER GARDENS sales between November 1996 and April 2022 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 May 2019 sale was for 47% below the HPI. So the extrapolation line tracks at 47% below the HPI over time, until the April 2022 sale, where it falls to 49% below the HPI. The line then continues to track at 49% below the HPI.

How Large is 4 TOWER GARDENS?

4 TOWER GARDENS is 61m² according to the EPC inspection conducted in February 2018. This puts it in the smallest 10% of detached houses in Crediton, based on EPC data. The below chart shows the distribution of detached houses by size in Crediton, and where 4 TOWER GARDENS lies on this distribution: 2% of detached houses are smaller than 4 TOWER GARDENS, and 98% of houses are larger. Note that EPC data is not available for all properties in Crediton.

4 TOWER GARDENS: Plot and Title Map

4 TOWER GARDENS sits on a plot of roughly 0.060 of an acre, or 242m². The below map shows the location of 4 TOWER GARDENS, 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 TOWER GARDENS). 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 TOWER GARDENS?

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