MEADOWBANK, BULLER ROAD, CREDITON, EX17 2AX - £197,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

MEADOWBANK is a very small detached house of 70m², built sometime between 1950 and 1966. It was last sold for £197,000 in March 2016, which was around 34% below the average March 2016 detached price in the Mid Devon local authority area. The most recent EPC inspection was June 2015, where the current energy rating was D, and the potential energy rating was B.

MEADOWBANK Sold Prices

Land registry data shows three sales for MEADOWBANK since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Mid Devon local authority area for the corresponding sale date. All of the three MEADOWBANK 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
2016 15 MAR	£197,000	£299,534	34% below HPI
2000 21 JAN	£72,000	£112,378	36% below HPI
1997 31 JUL	£50,000	£85,234	41% below HPI

MEADOWBANK 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 three MEADOWBANK sales between July 1997 and March 2016 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 January 2000 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the March 2016 sale, where it rises to 34% below the HPI. The line then continues to track at 34% below the HPI.

How Large is MEADOWBANK?

MEADOWBANK is 70m² according to the EPC inspection conducted in June 2015. This puts it in the smallest 10% of detached houses in Crediton, based on EPC data. The below chart shows the distribution of detached houses by size in Crediton, and where MEADOWBANK lies on this distribution: 7% of detached houses are smaller than MEADOWBANK, and 92% of houses are larger. Note that EPC data is not available for all properties in Crediton.

MEADOWBANK: Plot and Title Map

MEADOWBANK sits on a plot of roughly 0.074 of an acre, or 299m². The below map shows the location of MEADOWBANK, 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 MEADOWBANK). 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 MEADOWBANK?

MEADOWBANK is located on BULLER ROAD in CREDITON, in the EX17 postcode district. The below map shows the position of MEADOWBANK on BULLER ROAD.