7, ORCHARD CLOSE, SANDFORD, CREDITON, EX17 4NF - £195,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

7 ORCHARD CLOSE is a very small semi-detached house of 55m², built sometime between 1967 and 1975, which could now be worth an estimated £303,067. It was last sold for £195,000 in September 2009, which was around 9% above the average September 2009 semi-detached price in the Mid Devon local authority area. The most recent EPC inspection was May 2009, where the current energy rating was D, and the potential energy rating was D.

7 ORCHARD CLOSE Sold Prices

Land registry data shows three sales for 7 ORCHARD CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Mid Devon local authority area for the corresponding sale date. All of the three 7 ORCHARD CLOSE sales were for above 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
2009 30 SEP	£195,000	£179,312	9% above HPI
2006 13 OCT	£199,950	£188,537	6% above HPI
1997 28 NOV	£65,000	£61,123	6% above HPI

7 ORCHARD CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Mid Devon local authority area over time, sourced from the HPI. The three 7 ORCHARD CLOSE sales between November 1997 and September 2009 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 2006 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the September 2009 sale, where it rises to 9% above the HPI. The line then continues to track at 9% above the HPI.

What might 7 ORCHARD CLOSE be worth now?

7 ORCHARD CLOSE might now be worth an estimated £303,067.

This is based on house price inflation of 55.4%, between September 2009 and February 2025, for semi-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 55.4% inflationary increase is applied to the most recent sale price for 7 ORCHARD CLOSE of £195,000 on 30th September 2009. For the value to have increased from £195,000 to £303,067 over the sixteen years and seven months to February 2025, the following assumptions must hold true:

• The value of 7 ORCHARD CLOSE has moved in line with the HPI for semi-detached houses in the Mid Devon local authority area.
• The September 2009 sale price of £195,000 represented a fair market value for the property.
• The size, condition, and specification of 7 ORCHARD CLOSE has not materially changed since September 2009.

How Large is 7 ORCHARD CLOSE?

7 ORCHARD CLOSE is 55m² according to the EPC inspection conducted in May 2009. This puts it in the smallest 10% of semi-detached houses houses in Sandford, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Sandford, and where 7 ORCHARD CLOSE lies on this distribution: 4% of semi-detached houses houses are smaller than 7 ORCHARD CLOSE, and 96% of houses are larger. Note that EPC data is not available for all properties in Sandford.

7 ORCHARD CLOSE: Plot and Title Map

7 ORCHARD CLOSE sits on a plot of roughly 0.069 of an acre, or 281m². The below map shows the location of 7 ORCHARD 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 7 ORCHARD 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 7 ORCHARD CLOSE?

7 ORCHARD CLOSE is located in SANDFORD, in the EX17 postcode district. The below map shows the position of No. 7 on ORCHARD CLOSE.