47, HIGHER MEADOW, CRANBROOK, EXETER, EX5 7AY - £342,500

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

47 HIGHER MEADOW is a small detached house of 90m², which could now be worth an estimated £354,392. It was last sold for £342,500 in January 2023, which was around 35% below the average January 2023 detached price in the East Devon local authority area. The most recent EPC inspection was July 2014, where the current energy rating was B, and the potential energy rating was A.

47 HIGHER MEADOW Sold Prices

Land registry data shows two sales for 47 HIGHER MEADOW 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 47 HIGHER MEADOW 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 30 JAN	£342,500	£524,695	35% below HPI
2014 1 AUG	£249,995	£363,916	31% below HPI

47 HIGHER MEADOW 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 47 HIGHER MEADOW sales from August 2014 and January 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 August 2014 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the January 2023 sale, where it falls to 35% below the HPI. The line then continues to track at 35% below the HPI.

What might 47 HIGHER MEADOW be worth now?

47 HIGHER MEADOW might now be worth an estimated £354,392.

This is based on house price inflation of 3.5%, between January 2023 and December 2024, for detached houses, in the East Devon local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 3.5% inflationary increase is applied to the most recent sale price for 47 HIGHER MEADOW of £342,500 on 30th January 2023. For the value to have increased from £342,500 to £354,392 over the one month to December 2024, the following assumptions must hold true:

• The value of 47 HIGHER MEADOW has moved in line with the HPI for detached houses in the East Devon local authority area.
• The January 2023 sale price of £342,500 represented a fair market value for the property.
• The size, condition, and specification of 47 HIGHER MEADOW has not materially changed since January 2023.

How Large is 47 HIGHER MEADOW?

47 HIGHER MEADOW is 90m² according to the EPC inspection conducted in July 2014. This puts it in the smallest 30% of detached houses houses in Cranbrook, based on EPC data. The below chart shows the distribution of detached houses houses by size in Cranbrook, and where 47 HIGHER MEADOW lies on this distribution: 28% of detached houses houses are smaller than 47 HIGHER MEADOW, and 67% of houses are larger. Note that EPC data is not available for all properties in Cranbrook.

47 HIGHER MEADOW: Plot and Title Map

47 HIGHER MEADOW sits on a plot of roughly 0.055 of an acre, or 223m². The below map shows the location of 47 HIGHER MEADOW, 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 47 HIGHER MEADOW). 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 47 HIGHER MEADOW?

47 HIGHER MEADOW is located in CRANBROOK, in the EX5 postcode district. The below map shows the position of No. 47 on HIGHER MEADOW.