8, DOWNES CLOSE, CREDITON, EX17 3FP - £525,000

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

8 DOWNES CLOSE is a very large detached house of 164m². It was last sold for £525,000 in May 2024, which was around 21% above the average May 2024 detached price in the Mid Devon local authority area. The most recent EPC inspection was March 2020, where the current energy rating was A, and the potential energy rating was A.

8 DOWNES CLOSE Sold Prices

Land registry data shows two sales for 8 DOWNES 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. Both of the two 8 DOWNES 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
2024 9 MAY	£525,000	£432,275	21% above HPI
2020 27 MAR	£414,950	£355,509	17% above HPI

8 DOWNES 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 8 DOWNES CLOSE sales from March 2020 and May 2024 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 2020 sale was for 17% above the HPI. So the extrapolation line tracks at 17% above the HPI over time, until the May 2024 sale, where it rises to 21% above the HPI. The line then continues to track at 21% above the HPI.

How Large is 8 DOWNES CLOSE?

8 DOWNES CLOSE is 164m² according to the EPC inspection conducted in March 2020. This puts it in the largest 20% of detached houses in Crediton, based on EPC data. The below chart shows the distribution of detached houses by size in Crediton, and where 8 DOWNES CLOSE lies on this distribution: 87% of detached houses are smaller than 8 DOWNES CLOSE, and 12% of houses are larger. Note that EPC data is not available for all properties in Crediton.

8 DOWNES CLOSE: Plot and Title Map

8 DOWNES CLOSE sits on a plot of roughly 0.140 of an acre, or 567m². The below map shows the location of 8 DOWNES 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 8 DOWNES 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 8 DOWNES CLOSE?

8 DOWNES CLOSE is located in CREDITON, in the EX17 postcode district. The below map shows the position of No. 8 on DOWNES CLOSE.