5, DRAKES MEADOW, CHERITON FITZPAINE, CREDITON, EX17 4HU - £417,330

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

5 DRAKES MEADOW is a midsized extended detached house of 117m², built sometime between 1976 and 1982, which could now be worth an estimated £416,346. It was last sold for £417,330 in April 2022, which was around 1% below the average April 2022 detached price in the Mid Devon local authority area. The most recent EPC inspection was September 2021, where the current energy rating was D, and the potential energy rating was C.

5 DRAKES MEADOW Sold Prices

Land registry data shows three sales for 5 DRAKES MEADOW 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 5 DRAKES 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
2022 13 APR	£417,330	£422,709	1% below HPI
2010 30 APR	£245,000	£280,488	13% below HPI
2002 27 JUN	£166,500	£184,102	10% below HPI

5 DRAKES MEADOW 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 5 DRAKES MEADOW sales between June 2002 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 April 2010 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the April 2022 sale, where it rises to 1% below the HPI. The line then continues to track at 1% below the HPI.

What might 5 DRAKES MEADOW be worth now?

5 DRAKES MEADOW might now be worth an estimated £416,346.

This is based on house price deflation of 0.2%, between April 2022 and February 2025, 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 0.2% deflationary decrease is applied to the most recent sale price for 5 DRAKES MEADOW of £417,330 on 13th April 2022. For the value to have decreased from £417,330 to £416,346 over the three years and two months to February 2025, the following assumptions must hold true:

• The value of 5 DRAKES MEADOW has moved in line with the HPI for detached houses in the Mid Devon local authority area.
• The April 2022 sale price of £417,330 represented a fair market value for the property.
• The size, condition, and specification of 5 DRAKES MEADOW has not materially changed since April 2022.

How Large is 5 DRAKES MEADOW?

5 DRAKES MEADOW is 117m², which includes one extension, according to the EPC inspection conducted in September 2021. This puts it in the smallest 50% of detached houses houses in Cheriton Fitzpaine, based on EPC data. The below chart shows the distribution of detached houses houses by size in Cheriton Fitzpaine, and where 5 DRAKES MEADOW lies on this distribution: 40% of detached houses houses are smaller than 5 DRAKES MEADOW, and 60% of houses are larger. Note that EPC data is not available for all properties in Cheriton Fitzpaine.

5 DRAKES MEADOW: Plot and Title Map

5 DRAKES MEADOW sits on a plot of roughly 0.097 of an acre, or 393m². The below map shows the location of 5 DRAKES 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 5 DRAKES 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 5 DRAKES MEADOW?

5 DRAKES MEADOW is located in CHERITON FITZPAINE, in the EX17 postcode district. The below map shows the position of No. 5 on DRAKES MEADOW.