BRAMBLES, LAPFORD, CREDITON, EX17 6QE - £400,000

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.

BRAMBLES is a midsized extended detached house of 118m², built sometime between 1967 and 1975, which could now be worth an estimated £370,005. It was last sold for £400,000 in February 2023, which was around 12% below the average February 2023 detached price in the Mid Devon local authority area. The most recent EPC inspection was September 2022, where the current energy rating was D, and the potential energy rating was C.

BRAMBLES Sold Prices

Land registry data shows two sales for BRAMBLES 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 BRAMBLES 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
2023 24 FEB	£400,000	£455,899	12% below HPI
1996 12 DEC	£83,000	£87,095	5% below HPI

BRAMBLES 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 BRAMBLES sales from December 1996 and February 2023 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 1996 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the February 2023 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.

What might BRAMBLES be worth now?

BRAMBLES might now be worth an estimated £370,005.

This is based on house price deflation of 7.5%, between February 2023 and February 2025, for 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 7.5% deflationary decrease is applied to the most recent sale price for BRAMBLES of £400,000 on 24th February 2023. For the value to have decreased from £400,000 to £370,005 over the two years to February 2025, the following assumptions must hold true:

• The value of BRAMBLES has moved in line with the HPI for detached houses in the Mid Devon local authority area.
• The February 2023 sale price of £400,000 represented a fair market value for the property.
• The size, condition, and specification of BRAMBLES has not materially changed since February 2023.

How Large is BRAMBLES?

BRAMBLES is 118m², which includes one extension, according to the EPC inspection conducted in September 2022. This puts it in the largest 50% of detached houses houses in Lapford, based on EPC data. The below chart shows the distribution of detached houses houses by size in Lapford, and where BRAMBLES lies on this distribution: 50% of detached houses houses are smaller than BRAMBLES, and 49% of houses are larger. Note that EPC data is not available for all properties in Lapford.

BRAMBLES: Plot and Title Map

BRAMBLES sits on a plot of roughly 0.247 of an acre, or 999m². The below map shows the location of BRAMBLES, 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 BRAMBLES). 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 BRAMBLES?

BRAMBLES is located in LAPFORD, in the EX17 postcode district. The below map shows the position of BRAMBLES in LAPFORD.