HOMELEA, YEOFORD, CREDITON, EX17 5JE - £165,000

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.

HOMELEA is a large extended detached house of 140m², built sometime between 1967 and 1975, which could now be worth an estimated £447,278. It was last sold for £165,000 in March 2002, which was around 4% above the average March 2002 detached price in the Mid Devon local authority area. The most recent EPC inspection was October 2022, where the current energy rating was D, and the potential energy rating was C.

HOMELEA Sold Prices

Land registry data shows two sales for HOMELEA 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. One of the two HOMELEA 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
2002 22 MAR	£165,000	£158,998	4% above HPI
1996 23 JUL	£77,000	£85,852	10% below HPI

HOMELEA 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 HOMELEA sales from July 1996 and March 2002 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 1996 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the March 2002 sale, where it rises to 4% above the HPI. The line then continues to track at 4% above the HPI.

What might HOMELEA be worth now?

HOMELEA might now be worth an estimated £447,278.

This is based on house price inflation of 171.1%, between March 2002 and March 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 171.1% inflationary increase is applied to the most recent sale price for HOMELEA of £165,000 on 22nd March 2002. For the value to have increased from £165,000 to £447,278 over the 23 years to March 2025, the following assumptions must hold true:

• The value of HOMELEA has moved in line with the HPI for detached houses in the Mid Devon local authority area.
• The March 2002 sale price of £165,000 represented a fair market value for the property.
• The size, condition, and specification of HOMELEA has not materially changed since March 2002.

How Large is HOMELEA?

HOMELEA is 140m², which includes three extensions, according to the EPC inspection conducted in October 2022. This puts it in the largest 40% of detached houses houses in Yeoford, based on EPC data. The below chart shows the distribution of detached houses houses by size in Yeoford, and where HOMELEA lies on this distribution: 60% of detached houses houses are smaller than HOMELEA, and 40% of houses are larger. Note that EPC data is not available for all properties in Yeoford.

HOMELEA: Plot and Title Map

HOMELEA sits on a plot of roughly 0.206 of an acre, or 832m². The below map shows the location of HOMELEA, 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 HOMELEA). 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 HOMELEA?

HOMELEA is located in YEOFORD, in the EX17 postcode district. The below map shows the position of HOMELEA in YEOFORD.