7, FARM PARK, CRANBROOK, EXETER, EX5 7AQ - £275,000

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

7 FARM PARK is a very small detached house of 88m², which could now be worth an estimated £371,192. It was last sold for £275,000 in June 2017, which was around 31% below the average June 2017 detached price in the East Devon local authority area. The most recent EPC inspection was January 2014, where the current energy rating was B, and the potential energy rating was A.

7 FARM PARK Sold Prices

Land registry data shows two sales for 7 FARM PARK since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the East Devon local authority area for the corresponding sale date. Both of the two 7 FARM PARK 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
2017 9 JUN	£275,000	£400,007	31% below HPI
2015 23 MAR	£269,995	£354,729	24% below HPI

7 FARM PARK Price Paid vs. HPI Average

The below graph shows the average detached house price in the East Devon local authority area over time, sourced from the HPI. The two 7 FARM PARK sales from March 2015 and June 2017 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 March 2015 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the June 2017 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

What might 7 FARM PARK be worth now?

7 FARM PARK might now be worth an estimated £371,192.

This is based on house price inflation of 35%, between June 2017 and February 2025, for detached houses, in the East Devon local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 35% inflationary increase is applied to the most recent sale price for 7 FARM PARK of £275,000 on 9th June 2017. For the value to have increased from £275,000 to £371,192 over the eight years and four months to February 2025, the following assumptions must hold true:

• The value of 7 FARM PARK has moved in line with the HPI for detached houses in the East Devon local authority area.
• The June 2017 sale price of £275,000 represented a fair market value for the property.
• The size, condition, and specification of 7 FARM PARK has not materially changed since June 2017.

How Large is 7 FARM PARK?

7 FARM PARK is 88m² according to the EPC inspection conducted in January 2014. This puts it in the smallest 20% of detached houses houses in Cranbrook, based on EPC data. The below chart shows the distribution of detached houses houses by size in Cranbrook, and where 7 FARM PARK lies on this distribution: 18% of detached houses houses are smaller than 7 FARM PARK, and 75% of houses are larger. Note that EPC data is not available for all properties in Cranbrook.

7 FARM PARK: Plot and Title Map

7 FARM PARK sits on a plot of roughly 0.068 of an acre, or 274m². The below map shows the location of 7 FARM PARK, 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 7 FARM PARK). 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 7 FARM PARK?

7 FARM PARK is located in CRANBROOK, in the EX5 postcode district. The below map shows the position of No. 7 on FARM PARK.