ALVERSTONE, ZEAL MONACHORUM, CREDITON, EX17 6DH - £187,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

ALVERSTONE is a very small semi-detached house of 70m², built sometime between 1967 and 1975. It was last sold for £187,000 in February 2015, which was around 5% below the average February 2015 semi-detached price in the Mid 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.

ALVERSTONE Sold Prices

Land registry data shows two sales for ALVERSTONE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Mid Devon local authority area for the corresponding sale date. Both of the two ALVERSTONE 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 6 FEB	£187,000	£196,440	5% below HPI
2010 23 DEC	£149,000	£182,451	18% below HPI

ALVERSTONE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Mid Devon local authority area over time, sourced from the HPI. The two ALVERSTONE sales from December 2010 and February 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 December 2010 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the February 2015 sale, where it rises to 5% below the HPI. The line then continues to track at 5% below the HPI.

What might ALVERSTONE be worth now?

ALVERSTONE might now be worth an estimated £274,382.

This is based on house price inflation of 46.7%, between February 2015 and December 2024, for semi-detached houses, in the Mid Devon local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 46.7% inflationary increase is applied to the most recent sale price for ALVERSTONE of £187,000 on 6th February 2015. For the value to have increased from £187,000 to £274,382 over the eight years and two months to December 2024, the following assumptions must hold true:

• The value of ALVERSTONE has moved in line with the HPI for semi-detached houses in the Mid Devon local authority area.
• The February 2015 sale price of £187,000 represented a fair market value for the property.
• The size, condition, and specification of ALVERSTONE has not materially changed since February 2015.

How Large is ALVERSTONE?

ALVERSTONE is 70m² according to the EPC inspection conducted in October 2014. This puts it in the smallest 10% of semi-detached houses houses in Zeal Monachorum, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Zeal Monachorum, and where ALVERSTONE lies on this distribution: 3% of semi-detached houses houses are smaller than ALVERSTONE, and 97% of houses are larger. Note that EPC data is not available for all properties in Zeal Monachorum.

ALVERSTONE: Plot and Title Map

ALVERSTONE sits on a plot of roughly 0.106 of an acre, or 429m². The below map shows the location of ALVERSTONE, 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 ALVERSTONE). 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 ALVERSTONE?

ALVERSTONE is located in ZEAL MONACHORUM, in the EX17 postcode district. The below map shows the position of ALVERSTONE in ZEAL MONACHORUM.