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
48 PRINCE OF WALES ROAD is a midsized extended detached house of 109m², built sometime between 1976 and 1982. It was last sold for £300,000 in January 2021, which was around 19% below the average January 2021 detached price in the Mid Devon local authority area. The most recent EPC inspection was February 2020, where the current energy rating was E, and the potential energy rating was B.
Land registry data shows two sales for 48 PRINCE OF WALES ROAD since 1st 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 48 PRINCE OF WALES ROAD 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 |
---|---|---|---|
2021 8 JAN | £300,000 | £369,132 | 19% below HPI |
2010 15 JAN | £249,950 | £259,037 | 4% below HPI |
The below graph shows the average detached house price in the Mid Devon local authority area over time, sourced from the HPI. The two 48 PRINCE OF WALES ROAD sales from January 2010 and January 2021 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 2010 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the January 2021 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.
48 PRINCE OF WALES ROAD is 109m², which includes one extension, according to the EPC inspection conducted in February 2020. This puts it in the smallest 50% of detached houses in Crediton, based on EPC data. The below chart shows the distribution of detached houses by size in Crediton, and where 48 PRINCE OF WALES ROAD lies on this distribution: 46% of detached houses are smaller than 48 PRINCE OF WALES ROAD, and 53% of houses are larger. Note that EPC data is not available for all properties in Crediton.
48 PRINCE OF WALES ROAD sits on a plot of roughly 0.144 of an acre, or 584m². The below map shows the location of 48 PRINCE OF WALES ROAD, 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 48 PRINCE OF WALES ROAD). 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.
48 PRINCE OF WALES ROAD is located in CREDITON, in the EX17 postcode district. The below map shows the position of No. 48 on PRINCE OF WALES ROAD.