CHERITON, CRAPSTONE, YELVERTON, PL20 7PT - £234,000

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

CHERITON is a very small extended detached house of 69m², built sometime between 1900 and 1929, which could now be worth an estimated £350,839. It was last sold for £234,000 in August 2014, which was around 24% below the average August 2014 detached price in the West Devon local authority area. The most recent EPC inspection was April 2014, where the current energy rating was E, and the potential energy rating was B.

CHERITON Sold Prices

Land registry data shows three sales for CHERITON since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the West Devon local authority area for the corresponding sale date. All of the three CHERITON 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
2014 15 AUG	£234,000	£305,883	24% below HPI
2012 20 NOV	£225,000	£298,059	25% below HPI
2001 31 AUG	£87,000	£159,324	45% below HPI

CHERITON 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 three CHERITON sales between August 2001 and August 2014 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 2012 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the August 2014 sale, where it rises to 24% below the HPI. The line then continues to track at 24% below the HPI.

What might CHERITON be worth now?

CHERITON might now be worth an estimated £350,839.

This is based on house price inflation of 49.9%, between August 2014 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 49.9% inflationary increase is applied to the most recent sale price for CHERITON of £234,000 on 15th August 2014. For the value to have increased from £234,000 to £350,839 over the eleven years and six months to February 2025, the following assumptions must hold true:

• The value of CHERITON has moved in line with the HPI for detached houses in the West Devon local authority area.
• The August 2014 sale price of £234,000 represented a fair market value for the property.
• The size, condition, and specification of CHERITON has not materially changed since August 2014.

How Large is CHERITON?

CHERITON is 69m², which includes one extension, according to the EPC inspection conducted in April 2014. This puts it in the smallest 10% 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 CHERITON lies on this distribution: 1% of detached houses houses are smaller than CHERITON, and 99% of houses are larger. Note that EPC data is not available for all properties in Crapstone.

CHERITON: Plot and Title Map

CHERITON sits on a plot of roughly 0.090 of an acre, or 366m². The below map shows the location of CHERITON, 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 CHERITON). 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 CHERITON?

CHERITON is located in CRAPSTONE, in the PL20 postcode district. The below map shows the position of CHERITON in CRAPSTONE.