45, WESTERNLEA, CREDITON, EX17 3JE - £345,000

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

45 WESTERNLEA is a small extended detached house of 94m², built sometime between 1983 and 1990. It was last sold for £345,000 in September 2023, which was around 21% below the average September 2023 detached price in the Mid Devon local authority area. The most recent EPC inspection was January 2023, where the current energy rating was D, and the potential energy rating was B.

45 WESTERNLEA Sold Prices

Land registry data shows three sales for 45 WESTERNLEA 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 45 WESTERNLEA 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
2023 5 SEP	£345,000	£437,112	21% below HPI
2006 5 JAN	£219,000	£248,218	12% below HPI
1996 5 AUG	£73,500	£82,395	11% below HPI

45 WESTERNLEA 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 45 WESTERNLEA sales between August 1996 and September 2023 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 January 2006 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the September 2023 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is 45 WESTERNLEA?

45 WESTERNLEA is 94m², which includes one extension, according to the EPC inspection conducted in January 2023. This puts it in the smallest 40% of detached houses in Crediton, based on EPC data. The below chart shows the distribution of detached houses by size in Crediton, and where 45 WESTERNLEA lies on this distribution: 31% of detached houses are smaller than 45 WESTERNLEA, and 67% of houses are larger. Note that EPC data is not available for all properties in Crediton.

45 WESTERNLEA: Plot and Title Map

45 WESTERNLEA sits on a plot of roughly 0.066 of an acre, or 267m². The below map shows the location of 45 WESTERNLEA, 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 45 WESTERNLEA). 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 45 WESTERNLEA?

45 WESTERNLEA is located in CREDITON, in the EX17 postcode district. The below map shows the position of No. 45 on WESTERNLEA.