CRESTLEA, MERROW DOWN DRIVE, SEATON, EX12 2JQ - £500,000

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

CRESTLEA is a very large extended detached house of 201m², built sometime from 2007 onwards, which could now be worth an estimated £791,361. It was last sold for £500,000 in November 2012, which was around 46% above the average November 2012 detached price in the East Devon local authority area. The most recent EPC inspection was August 2012, where the current energy rating was B, and the potential energy rating was B.

CRESTLEA Sold Prices

Land registry data shows two sales for CRESTLEA since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the East Devon local authority area for the corresponding sale date. One of the two CRESTLEA sales was for above the average price, whilst the other was 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
2012 20 NOV	£500,000	£343,025	46% above HPI
2010 1 JUL	£280,000	£345,522	19% below HPI

CRESTLEA 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 two CRESTLEA sales from July 2010 and November 2012 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 2010 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the November 2012 sale, where it rises to 46% above the HPI. The line then continues to track at 46% above the HPI.

What might CRESTLEA be worth now?

CRESTLEA might now be worth an estimated £791,361.

This is based on house price inflation of 58.3%, between November 2012 and December 2024, for detached houses, in the East Devon local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 58.3% inflationary increase is applied to the most recent sale price for CRESTLEA of £500,000 on 20th November 2012. For the value to have increased from £500,000 to £791,361 over the eleven years and eleven months to December 2024, the following assumptions must hold true:

• The value of CRESTLEA has moved in line with the HPI for detached houses in the East Devon local authority area.
• The November 2012 sale price of £500,000 represented a fair market value for the property.
• The size, condition, and specification of CRESTLEA has not materially changed since November 2012.

How Large is CRESTLEA?

CRESTLEA is 201m², which includes one extension, according to the EPC inspection conducted in August 2012. This puts it in the largest 10% of detached houses houses in Seaton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Seaton, and where CRESTLEA lies on this distribution: 96% of detached houses houses are smaller than CRESTLEA, and 4% of houses are larger. Note that EPC data is not available for all properties in Seaton.

CRESTLEA: Plot and Title Map

CRESTLEA sits on a plot of roughly 0.228 of an acre, or 923m². The below map shows the location of CRESTLEA, 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 CRESTLEA). 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 CRESTLEA?

CRESTLEA is located on MERROW DOWN DRIVE in SEATON, in the EX12 postcode district. The below map shows the position of CRESTLEA on MERROW DOWN DRIVE.