LARKSBLOOM, BRAYS CLOSE, CREDITON, EX17 3HZ - £240,000

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.

LARKSBLOOM is a small detached house of 97m², built sometime between 2003 and 2006, which could now be worth an estimated £289,471. It was last sold for £240,000 in October 2017, which was around 31% below the average October 2017 detached price in the Mid Devon local authority area. The most recent EPC inspection was May 2010, where the current energy rating was C, and the potential energy rating was C.

LARKSBLOOM Sold Prices

Land registry data shows five sales for LARKSBLOOM since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Mid Devon local authority area for the corresponding sale date. All of the five LARKSBLOOM 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
2017 23 OCT	£240,000	£349,641	31% below HPI
2015 1 OCT	£220,000	£322,088	32% below HPI
2010 9 SEP	£95,000	£295,137	68% below HPI
2010 22 MAR	£205,000	£278,716	26% below HPI
2004 27 AUG	£185,500	£260,606	29% below HPI

LARKSBLOOM 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 five LARKSBLOOM sales between August 2004 and October 2017 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 October 2015 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the October 2017 sale, where it rises to 31% below the HPI. The line then continues to track at 31% below the HPI.

What might LARKSBLOOM be worth now?

LARKSBLOOM might now be worth an estimated £289,471.

This is based on house price inflation of 20.6%, between October 2017 and February 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 20.6% inflationary increase is applied to the most recent sale price for LARKSBLOOM of £240,000 on 23rd October 2017. For the value to have increased from £240,000 to £289,471 over the eight years and eight months to February 2025, the following assumptions must hold true:

• The value of LARKSBLOOM has moved in line with the HPI for detached houses in the Mid Devon local authority area.
• The October 2017 sale price of £240,000 represented a fair market value for the property.
• The size, condition, and specification of LARKSBLOOM has not materially changed since October 2017.

How Large is LARKSBLOOM?

LARKSBLOOM is 97m² according to the EPC inspection conducted in May 2010. This puts it in the smallest 40% of detached houses houses in Crediton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Crediton, and where LARKSBLOOM lies on this distribution: 34% of detached houses houses are smaller than LARKSBLOOM, and 66% of houses are larger. Note that EPC data is not available for all properties in Crediton.

LARKSBLOOM: Plot and Title Map

LARKSBLOOM sits on a plot of roughly 0.092 of an acre, or 371m². The below map shows the location of LARKSBLOOM, 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 LARKSBLOOM). 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 LARKSBLOOM?

LARKSBLOOM is located on BRAYS CLOSE in CREDITON, in the EX17 postcode district. The below map shows the position of LARKSBLOOM on BRAYS CLOSE.