8, RUSSET LOOP, CRANBROOK, EXETER, EX5 7EY - £360,000

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

8 RUSSET LOOP is a very small detached house of 87m². It was last sold for £360,000 in September 2022, which was around 31% below the average September 2022 detached price in the East Devon local authority area. The most recent EPC inspection was December 2015, where the current energy rating was B, and the potential energy rating was A.

8 RUSSET LOOP Sold Prices

Land registry data shows three sales for 8 RUSSET LOOP 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 8 RUSSET LOOP 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
2022 28 SEP	£360,000	£523,315	31% below HPI
2018 27 JUL	£250,000	£416,572	40% below HPI
2015 22 DEC	£259,995	£367,989	29% below HPI

8 RUSSET LOOP 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 8 RUSSET LOOP sales between December 2015 and September 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 July 2018 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the September 2022 sale, where it rises to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is 8 RUSSET LOOP?

8 RUSSET LOOP is 87m² according to the EPC inspection conducted in December 2015. This puts it in the smallest 20% of detached houses in Cranbrook, based on EPC data. The below chart shows the distribution of detached houses by size in Cranbrook, and where 8 RUSSET LOOP lies on this distribution: 17% of detached houses are smaller than 8 RUSSET LOOP, and 83% of houses are larger. Note that EPC data is not available for all properties in Cranbrook.

8 RUSSET LOOP: Plot and Title Map

8 RUSSET LOOP sits on a plot of roughly 0.053 of an acre, or 215m². The below map shows the location of 8 RUSSET LOOP, 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 RUSSET LOOP). 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 RUSSET LOOP?

8 RUSSET LOOP is located in CRANBROOK, in the EX5 postcode district. The below map shows the position of No. 8 on RUSSET LOOP.