NEDLANDS, ALEXANDRA ROAD, CREDITON, EX17 2DH - £415,000

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.

NEDLANDS is a small detached house of 95m², built sometime between 1950 and 1966, which could now be worth an estimated £388,551. It was last sold for £415,000 in June 2023, which was around 10% below the average June 2023 detached price in the Mid Devon local authority area. The most recent EPC inspection was September 2022, where the current energy rating was D, and the potential energy rating was C.

NEDLANDS Sold Prices

Land registry data shows two sales for NEDLANDS 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. Both of the two NEDLANDS 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
2023 28 JUN	£415,000	£460,347	10% below HPI
2008 1 DEC	£239,000	£266,624	10% below HPI

NEDLANDS 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 NEDLANDS sales from December 2008 and June 2023 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 December 2008 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the June 2023 sale, which was also at 10% below the HPI.

What might NEDLANDS be worth now?

NEDLANDS might now be worth an estimated £388,551.

This is based on house price deflation of 6.4%, between June 2023 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 6.4% deflationary decrease is applied to the most recent sale price for NEDLANDS of £415,000 on 28th June 2023. For the value to have decreased from £415,000 to £388,551 over the two years and three months to March 2025, the following assumptions must hold true:

• The value of NEDLANDS has moved in line with the HPI for detached houses in the Mid Devon local authority area.
• The June 2023 sale price of £415,000 represented a fair market value for the property.
• The size, condition, and specification of NEDLANDS has not materially changed since June 2023.

How Large is NEDLANDS?

NEDLANDS is 95m² according to the EPC inspection conducted in September 2022. 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 NEDLANDS lies on this distribution: 33% of detached houses houses are smaller than NEDLANDS, and 67% of houses are larger. Note that EPC data is not available for all properties in Crediton.

NEDLANDS: Plot and Title Map

NEDLANDS sits on a plot of roughly 0.173 of an acre, or 701m². The below map shows the location of NEDLANDS, 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 NEDLANDS). 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 NEDLANDS?

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