5, PARK MEADOW CLOSE, LAPFORD, CREDITON, EX17 6QY - £210,000

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

5 PARK MEADOW CLOSE is a very small detached house of 64m², built sometime between 1967 and 1975. It was last sold for £210,000 in August 2021, which was around 44% below the average August 2021 detached price in the Mid Devon local authority area. The most recent EPC inspection was June 2021, where the current energy rating was F, and the potential energy rating was B.

5 PARK MEADOW CLOSE Sold Prices

Land registry data shows two sales for 5 PARK MEADOW CLOSE since 1^st 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 5 PARK MEADOW CLOSE 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 3 AUG	£210,000	£376,646	44% below HPI
1997 10 OCT	£65,000	£94,276	31% below HPI

5 PARK MEADOW CLOSE 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 two 5 PARK MEADOW CLOSE sales from October 1997 and August 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 October 1997 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the August 2021 sale, where it falls to 44% below the HPI. The line then continues to track at 44% below the HPI.

How Large is 5 PARK MEADOW CLOSE?

5 PARK MEADOW CLOSE is 64m² according to the EPC inspection conducted in June 2021. This puts it in the smallest 10% of detached houses in Lapford, based on EPC data. The below chart shows the distribution of detached houses by size in Lapford, and where 5 PARK MEADOW CLOSE lies on this distribution: 4% of detached houses are smaller than 5 PARK MEADOW CLOSE, and 96% of houses are larger. Note that EPC data is not available for all properties in Lapford.

5 PARK MEADOW CLOSE: Plot and Title Map

5 PARK MEADOW CLOSE sits on a plot of roughly 0.129 of an acre, or 521m². The below map shows the location of 5 PARK MEADOW CLOSE, 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 PARK MEADOW CLOSE). 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 PARK MEADOW CLOSE?

5 PARK MEADOW CLOSE is located in LAPFORD, in the EX17 postcode district. The below map shows the position of No. 5 on PARK MEADOW CLOSE.