5, FAIRFIELD ROAD, CREDITON, EX17 2EQ - £250,000

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 FAIRFIELD ROAD is a very small extended detached house of 80m², built sometime between 1976 and 1982, which could now be worth an estimated £418,487. It was last sold for £250,000 in May 2009, which was around 3% below the average May 2009 detached price in the Mid Devon local authority area. The most recent EPC inspection was February 2009, where the current energy rating was E, and the potential energy rating was D.

5 FAIRFIELD ROAD Sold Prices

Land registry data shows three sales for 5 FAIRFIELD ROAD 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. Two of the three 5 FAIRFIELD ROAD sales were for below the average price, whilst one was for above 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
2009 29 MAY	£250,000	£257,480	3% below HPI
2003 7 JUL	£202,500	£217,446	7% below HPI
1998 4 DEC	£136,000	£105,961	28% above HPI

5 FAIRFIELD ROAD 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 FAIRFIELD ROAD sales between December 1998 and May 2009 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 July 2003 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the May 2009 sale, where it rises to 3% below the HPI. The line then continues to track at 3% below the HPI.

What might 5 FAIRFIELD ROAD be worth now?

5 FAIRFIELD ROAD might now be worth an estimated £418,487.

This is based on house price inflation of 67.4%, between May 2009 and March 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 67.4% inflationary increase is applied to the most recent sale price for 5 FAIRFIELD ROAD of £250,000 on 29th May 2009. For the value to have increased from £250,000 to £418,487 over the sixteen years and two months to March 2025, the following assumptions must hold true:

• The value of 5 FAIRFIELD ROAD has moved in line with the HPI for detached houses in the Mid Devon local authority area.
• The May 2009 sale price of £250,000 represented a fair market value for the property.
• The size, condition, and specification of 5 FAIRFIELD ROAD has not materially changed since May 2009.

How Large is 5 FAIRFIELD ROAD?

5 FAIRFIELD ROAD is 80m², which includes one extension, according to the EPC inspection conducted in February 2009. This puts it in the smallest 20% 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 5 FAIRFIELD ROAD lies on this distribution: 18% of detached houses houses are smaller than 5 FAIRFIELD ROAD, and 82% of houses are larger. Note that EPC data is not available for all properties in Crediton.

5 FAIRFIELD ROAD: Plot and Title Map

5 FAIRFIELD ROAD sits on a plot of roughly 0.099 of an acre, or 400m². The below map shows the location of 5 FAIRFIELD 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 5 FAIRFIELD 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.

Where is 5 FAIRFIELD ROAD?

5 FAIRFIELD ROAD is located in CREDITON, in the EX17 postcode district. The below map shows the position of No. 5 on FAIRFIELD ROAD.