7, RUSSELL DRIVE, EAST BUDLEIGH, BUDLEIGH SALTERTON, EX9 7EJ - £322,500

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 RUSSELL DRIVE is a very small detached house of 74m², built sometime between 1983 and 1990. It was last sold for £322,500 in December 2015, which was around 12% below the average December 2015 detached price in the East Devon local authority area. The most recent EPC inspection was October 2014, where the current energy rating was D, and the potential energy rating was B.

7 RUSSELL DRIVE Sold Prices

Land registry data shows three sales for 7 RUSSELL DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the East Devon local authority area for the corresponding sale date. All of the three 7 RUSSELL DRIVE 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
2015 18 DEC	£322,500	£367,989	12% below HPI
2014 28 FEB	£250,000	£338,901	26% below HPI
2001 8 AUG	£150,000	£172,158	13% below HPI

7 RUSSELL DRIVE 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 three 7 RUSSELL DRIVE sales between August 2001 and December 2015 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 February 2014 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the December 2015 sale, where it rises to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is 7 RUSSELL DRIVE?

7 RUSSELL DRIVE is 74m² according to the EPC inspection conducted in October 2014. This puts it in the smallest 20% of detached houses in East Budleigh, based on EPC data. The below chart shows the distribution of detached houses by size in East Budleigh, and where 7 RUSSELL DRIVE lies on this distribution: 12% of detached houses are smaller than 7 RUSSELL DRIVE, and 88% of houses are larger. Note that EPC data is not available for all properties in East Budleigh.

7 RUSSELL DRIVE: Plot and Title Map

7 RUSSELL DRIVE sits on a plot of roughly 0.121 of an acre, or 489m². The below map shows the location of 7 RUSSELL DRIVE, 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 RUSSELL DRIVE). 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 RUSSELL DRIVE?

7 RUSSELL DRIVE is located in EAST BUDLEIGH, in the EX9 postcode district. The below map shows the position of No. 7 on RUSSELL DRIVE.