7, MEADOW LEA, SILVERTON, EXETER, EX5 4HJ - £295,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

7 MEADOW LEA is a very small detached house of 78m², built sometime between 1983 and 1990. It was last sold for £295,000 in December 2021, which was around 29% below the average December 2021 detached price in the Mid Devon local authority area. The most recent EPC inspection was March 2019, where the current energy rating was D, and the potential energy rating was B.

7 MEADOW LEA Sold Prices

Land registry data shows three sales for 7 MEADOW LEA 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. All of the three 7 MEADOW LEA 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 10 DEC	£295,000	£417,414	29% below HPI
2019 4 DEC	£258,000	£343,954	25% below HPI
1996 6 SEP	£65,000	£82,007	21% below HPI

7 MEADOW LEA 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 7 MEADOW LEA sales between September 1996 and December 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 December 2019 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the December 2021 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is 7 MEADOW LEA?

7 MEADOW LEA is 78m² according to the EPC inspection conducted in March 2019. This puts it in the smallest 20% of detached houses in Silverton, based on EPC data. The below chart shows the distribution of detached houses by size in Silverton, and where 7 MEADOW LEA lies on this distribution: 12% of detached houses are smaller than 7 MEADOW LEA, and 87% of houses are larger. Note that EPC data is not available for all properties in Silverton.

7 MEADOW LEA: Plot and Title Map

7 MEADOW LEA sits on a plot of roughly 0.044 of an acre, or 177m². The below map shows the location of 7 MEADOW LEA, 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 MEADOW LEA). 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 MEADOW LEA?

7 MEADOW LEA is located in SILVERTON, in the EX5 postcode district. The below map shows the position of No. 7 on MEADOW LEA.