FOXLEASE, LAPFORD, CREDITON, EX17 6PU - £575,000

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

FOXLEASE is a midsized extended detached house of 122m², built sometime between 1930 and 1949. It was last sold for £575,000 in January 2019, which was around 58% above the average January 2019 detached price in the Mid Devon local authority area. The most recent EPC inspection was May 2022, where the current energy rating was D, and the potential energy rating was A.

FOXLEASE Sold Prices

Land registry data shows four sales for FOXLEASE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Mid Devon local authority area for the corresponding sale date. Two of the four FOXLEASE sales were for above the average price, whilst one 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
2019 18 JAN	£575,000	£363,426	58% above HPI
2010 16 APR	£330,000	£280,488	18% above HPI
1998 24 APR	£93,500	£99,061	6% below HPI
1996 30 AUG	£85,500	£85,295	Close to HPI

FOXLEASE 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 four FOXLEASE sales between August 1996 and January 2019 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 April 2010 sale was for 18% above the HPI. So the extrapolation line tracks at 18% above the HPI over time, until the January 2019 sale, where it rises to 58% above the HPI. The line then continues to track at 58% above the HPI.

What might FOXLEASE be worth now?

FOXLEASE might now be worth an estimated £687,823.

This is based on house price inflation of 19.6%, between January 2019 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 19.6% inflationary increase is applied to the most recent sale price for FOXLEASE of £575,000 on 18th January 2019. For the value to have increased from £575,000 to £687,823 over the four years and one month to December 2024, the following assumptions must hold true:

• The value of FOXLEASE has moved in line with the HPI for detached houses in the Mid Devon local authority area.
• The January 2019 sale price of £575,000 represented a fair market value for the property.
• The size, condition, and specification of FOXLEASE has not materially changed since January 2019.

How Large is FOXLEASE?

FOXLEASE is 122m², which includes one extension, according to the EPC inspection conducted in May 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 FOXLEASE lies on this distribution: 57% of detached houses houses are smaller than FOXLEASE, and 41% of houses are larger. Note that EPC data is not available for all properties in Lapford.

FOXLEASE: Plot and Title Map

FOXLEASE sits on a plot of roughly 0.342 of an acre, or 1,385m². The below map shows the location of FOXLEASE, 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 FOXLEASE). 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 FOXLEASE?

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