8, ELDER GROVE, CREDITON, EX17 1DE - £225,000

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 ELDER GROVE is a very small detached house of 73m², built sometime between 1967 and 1975. It was last sold for £225,000 in September 2016, which was around 30% below the average September 2016 detached price in the Mid Devon local authority area. The most recent EPC inspection was March 2023, where the current energy rating was D, and the potential energy rating was C.

8 ELDER GROVE Sold Prices

Land registry data shows two sales for 8 ELDER GROVE 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 ELDER GROVE 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
2016 22 SEP	£225,000	£319,547	30% below HPI
1999 28 MAY	£85,000	£97,573	13% below HPI

8 ELDER GROVE 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 ELDER GROVE sales from May 1999 and September 2016 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 May 1999 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the September 2016 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 8 ELDER GROVE?

8 ELDER GROVE is 73m² according to the EPC inspection conducted in March 2023. This puts it in the smallest 10% 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 ELDER GROVE lies on this distribution: 10% of detached houses are smaller than 8 ELDER GROVE, and 89% of houses are larger. Note that EPC data is not available for all properties in Crediton.

8 ELDER GROVE: Plot and Title Map

8 ELDER GROVE sits on a plot of roughly 0.124 of an acre, or 500m². The below map shows the location of 8 ELDER GROVE, 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 ELDER GROVE). 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 ELDER GROVE?

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