6, PARK MEADOW CLOSE, LAPFORD, CREDITON, EX17 6QY - £272,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

6 PARK MEADOW CLOSE is a midsized extended detached house of 119m², built sometime between 1976 and 1982. It was last sold for £272,000 in August 2021, which was around 30% below the average August 2021 detached price in the Mid Devon local authority area. The most recent EPC inspection was May 2018, where the current energy rating was E, and the potential energy rating was C.

6 PARK MEADOW CLOSE Sold Prices

Land registry data shows five sales for 6 PARK MEADOW CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Mid Devon local authority area for the corresponding sale date. All of the five 6 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 23 AUG	£272,000	£389,900	30% below HPI
2020 31 JAN	£230,000	£354,099	35% below HPI
2018 12 OCT	£225,000	£363,844	38% below HPI
2016 15 DEC	£227,000	£331,288	31% below HPI
2003 2 MAY	£170,000	£221,671	23% below HPI

6 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 five 6 PARK MEADOW CLOSE sales between May 2003 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 January 2020 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the August 2021 sale, where it rises to 30% below the HPI. The line then continues to track at 30% below the HPI.

What might 6 PARK MEADOW CLOSE be worth now?

6 PARK MEADOW CLOSE might now be worth an estimated £303,278.

This is based on house price inflation of 11.5%, between August 2021 and December 2024, 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 11.5% inflationary increase is applied to the most recent sale price for 6 PARK MEADOW CLOSE of £272,000 on 23rd August 2021. For the value to have increased from £272,000 to £303,278 over the two years and eight months to December 2024, the following assumptions must hold true:

• The value of 6 PARK MEADOW CLOSE has moved in line with the HPI for detached houses in the Mid Devon local authority area.
• The August 2021 sale price of £272,000 represented a fair market value for the property.
• The size, condition, and specification of 6 PARK MEADOW CLOSE has not materially changed since August 2021.

How Large is 6 PARK MEADOW CLOSE?

6 PARK MEADOW CLOSE is 119m², which includes one extension, according to the EPC inspection conducted in May 2018. This puts it in the largest 50% of detached houses houses in Lapford, based on EPC data. The below chart shows the distribution of detached houses houses by size in Lapford, and where 6 PARK MEADOW CLOSE lies on this distribution: 52% of detached houses houses are smaller than 6 PARK MEADOW CLOSE, and 48% of houses are larger. Note that EPC data is not available for all properties in Lapford.

6 PARK MEADOW CLOSE: Plot and Title Map

6 PARK MEADOW CLOSE sits on a plot of roughly 0.088 of an acre, or 357m². The below map shows the location of 6 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 6 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 6 PARK MEADOW CLOSE?

6 PARK MEADOW CLOSE is located in LAPFORD, in the EX17 postcode district. The below map shows the position of No. 6 on PARK MEADOW CLOSE.