BRAMBLES, WOOD LANE, MORCHARD BISHOP, CREDITON, EX17 6PE - £350,000

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

BRAMBLES is a small detached house of 103m², built sometime between 1991 and 1995. It was last sold for £350,000 in December 2016, which was around 6% above the average December 2016 detached price in the Mid Devon local authority area. The most recent EPC inspection was September 2016, where the current energy rating was E, and the potential energy rating was A.

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 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
2016 15 DEC	£350,000	£331,288	6% above HPI
1996 26 NOV	£97,500	£87,912	11% above 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 November 1996 and December 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 November 1996 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the December 2016 sale, where it falls to 6% above the HPI. The line then continues to track at 6% above the HPI.

What might BRAMBLES be worth now?

BRAMBLES might now be worth an estimated £459,290.

This is based on house price inflation of 31.2%, between December 2016 and December 2024, 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 31.2% inflationary increase is applied to the most recent sale price for BRAMBLES of £350,000 on 15th December 2016. For the value to have increased from £350,000 to £459,290 over the eight years to December 2024, 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 December 2016 sale price of £350,000 represented a fair market value for the property.
• The size, condition, and specification of BRAMBLES has not materially changed since December 2016.

How Large is BRAMBLES?

BRAMBLES is 103m² according to the EPC inspection conducted in September 2016. This puts it in the smallest 40% of detached houses houses in Morchard Bishop, based on EPC data. The below chart shows the distribution of detached houses houses by size in Morchard Bishop, and where BRAMBLES lies on this distribution: 32% of detached houses houses are smaller than BRAMBLES, and 68% of houses are larger. Note that EPC data is not available for all properties in Morchard Bishop.

BRAMBLES: Plot and Title Map

BRAMBLES sits on a plot of roughly 0.254 of an acre, or 1,029m². 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 on WOOD LANE in MORCHARD BISHOP, in the EX17 postcode district. The below map shows the position of BRAMBLES on WOOD LANE.