7, PENTON CLOSE, CREDITON, EX17 1BQ - £400,000

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

7 PENTON CLOSE is a midsized extended detached house of 109m², built sometime between 1983 and 1990. It was last sold for £400,000 in October 2022, which was around 13% below the average October 2022 detached price in the Mid Devon local authority area. The most recent EPC inspection was June 2022, where the current energy rating was D, and the potential energy rating was B.

7 PENTON CLOSE Sold Prices

Land registry data shows two sales for 7 PENTON CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Mid Devon local authority area for the corresponding sale date. One of the two 7 PENTON CLOSE sales was for below the average price, whilst the other was 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
2022 14 OCT	£400,000	£460,986	13% below HPI
1995 11 AUG	£85,000	£82,103	4% above HPI

7 PENTON 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 two 7 PENTON CLOSE sales from August 1995 and October 2022 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 August 1995 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the October 2022 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.

How Large is 7 PENTON CLOSE?

7 PENTON CLOSE is 109m², which includes one extension, according to the EPC inspection conducted in June 2022. This puts it in the smallest 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 7 PENTON CLOSE lies on this distribution: 46% of detached houses are smaller than 7 PENTON CLOSE, and 53% of houses are larger. Note that EPC data is not available for all properties in Crediton.

7 PENTON CLOSE: Plot and Title Map

7 PENTON CLOSE sits on a plot of roughly 0.125 of an acre, or 504m². The below map shows the location of 7 PENTON 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 PENTON 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 PENTON CLOSE?

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