42, SAXON CLOSE, CREDITON, EX17 3DS - £350,000

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

42 SAXON CLOSE is a midsized detached house of 116m², built sometime between 2003 and 2006, which could now be worth an estimated £359,957. It was last sold for £350,000 in April 2022, which was around 17% below the average April 2022 detached price in the Mid Devon local authority area. The most recent EPC inspection was February 2020, where the current energy rating was C, and the potential energy rating was B.

42 SAXON CLOSE Sold Prices

Land registry data shows two sales for 42 SAXON CLOSE 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 42 SAXON CLOSE 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 29 APR	£350,000	£422,709	17% below HPI
2008 6 JUN	£210,000	£285,602	26% below HPI

42 SAXON CLOSE 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 42 SAXON CLOSE sales from June 2008 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 June 2008 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the April 2022 sale, where it rises to 17% below the HPI. The line then continues to track at 17% below the HPI.

What might 42 SAXON CLOSE be worth now?

42 SAXON CLOSE might now be worth an estimated £359,957.

This is based on house price inflation of 2.8%, between April 2022 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 2.8% inflationary increase is applied to the most recent sale price for 42 SAXON CLOSE of £350,000 on 29th April 2022. For the value to have increased from £350,000 to £359,957 over the one year and four months to December 2024, the following assumptions must hold true:

• The value of 42 SAXON CLOSE has moved in line with the HPI for detached houses in the Mid Devon local authority area.
• The April 2022 sale price of £350,000 represented a fair market value for the property.
• The size, condition, and specification of 42 SAXON CLOSE has not materially changed since April 2022.

How Large is 42 SAXON CLOSE?

42 SAXON CLOSE is 116m² according to the EPC inspection conducted in February 2020. 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 42 SAXON CLOSE lies on this distribution: 55% of detached houses houses are smaller than 42 SAXON CLOSE, and 45% of houses are larger. Note that EPC data is not available for all properties in Crediton.

42 SAXON CLOSE: Plot and Title Map

42 SAXON CLOSE sits on a plot of roughly 0.044 of an acre, or 179m². The below map shows the location of 42 SAXON CLOSE, 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 42 SAXON CLOSE). 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 42 SAXON CLOSE?

42 SAXON CLOSE is located in CREDITON, in the EX17 postcode district. The below map shows the position of No. 42 on SAXON CLOSE.