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
58 WESTERNLEA is a midsized extended detached house of 117m², built sometime between 1983 and 1990. It was last sold for £246,000 in July 2010, which was around 13% below the average July 2010 detached price in the Mid Devon local authority area. The most recent EPC inspection was June 2023, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows three sales for 58 WESTERNLEA since 1st 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 58 WESTERNLEA 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 |
---|---|---|---|
2010 30 JUL | £246,000 | £282,436 | 13% below HPI |
2003 24 OCT | £212,000 | £225,635 | 6% below HPI |
1996 5 AUG | £80,500 | £82,395 | 2% 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 three 58 WESTERNLEA sales between August 1996 and July 2010 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 2003 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the July 2010 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.
58 WESTERNLEA is 117m², which includes one extension, according to the EPC inspection conducted in June 2023. This puts it in the largest 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 58 WESTERNLEA lies on this distribution: 55% of detached houses are smaller than 58 WESTERNLEA, and 44% of houses are larger. Note that EPC data is not available for all properties in Crediton.
58 WESTERNLEA sits on a plot of roughly 0.068 of an acre, or 276m². The below map shows the location of 58 WESTERNLEA, 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 58 WESTERNLEA). 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.
58 WESTERNLEA is located in CREDITON, in the EX17 postcode district. The below map shows the position of No. 58 on WESTERNLEA.