8, MORLEY DRIVE, CRAPSTONE, YELVERTON, PL20 7UY - £395,000

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.

8 MORLEY DRIVE is a small extended detached house of 129m², built sometime between 1996 and 2002, which could now be worth an estimated £513,353. It was last sold for £395,000 in December 2017, which was around 12% above the average December 2017 detached price in the West Devon local authority area. The most recent EPC inspection was October 2011, where the current energy rating was D, and the potential energy rating was C.

8 MORLEY DRIVE Sold Prices

Land registry data shows five sales for 8 MORLEY DRIVE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the West Devon local authority area for the corresponding sale date. All of the five 8 MORLEY DRIVE 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
2017 21 DEC	£395,000	£352,881	12% above HPI
2008 31 JAN	£360,000	£304,237	18% above HPI
2006 15 MAR	£340,000	£283,308	20% above HPI
2001 2 APR	£195,000	£139,038	40% above HPI
1998 12 MAY	£155,000	£101,140	53% above HPI

8 MORLEY DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the West Devon local authority area over time, sourced from the HPI. The five 8 MORLEY DRIVE sales between May 1998 and December 2017 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 January 2008 sale was for 18% above the HPI. So the extrapolation line tracks at 18% above the HPI over time, until the December 2017 sale, where it falls to 12% above the HPI. The line then continues to track at 12% above the HPI.

What might 8 MORLEY DRIVE be worth now?

8 MORLEY DRIVE might now be worth an estimated £513,353.

This is based on house price inflation of 30%, between December 2017 and February 2025, for detached houses, in the West Devon local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 30% inflationary increase is applied to the most recent sale price for 8 MORLEY DRIVE of £395,000 on 21st December 2017. For the value to have increased from £395,000 to £513,353 over the eight years and ten months to February 2025, the following assumptions must hold true:

• The value of 8 MORLEY DRIVE has moved in line with the HPI for detached houses in the West Devon local authority area.
• The December 2017 sale price of £395,000 represented a fair market value for the property.
• The size, condition, and specification of 8 MORLEY DRIVE has not materially changed since December 2017.

How Large is 8 MORLEY DRIVE?

8 MORLEY DRIVE is 129m², which includes one extension, according to the EPC inspection conducted in October 2011. This puts it in the smallest 40% of detached houses houses in Crapstone, based on EPC data. The below chart shows the distribution of detached houses houses by size in Crapstone, and where 8 MORLEY DRIVE lies on this distribution: 37% of detached houses houses are smaller than 8 MORLEY DRIVE, and 63% of houses are larger. Note that EPC data is not available for all properties in Crapstone.

8 MORLEY DRIVE: Plot and Title Map

8 MORLEY DRIVE sits on a plot of roughly 0.142 of an acre, or 575m². The below map shows the location of 8 MORLEY 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 8 MORLEY 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 8 MORLEY DRIVE?

8 MORLEY DRIVE is located in CRAPSTONE, in the PL20 postcode district. The below map shows the position of No. 8 on MORLEY DRIVE.