NETHERLEIGH, WESTERN ROAD, CREDITON, EX17 3NB - £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.

NETHERLEIGH is a midsized detached house of 115m², built sometime between 1983 and 1990, which could now be worth an estimated £340,726. It was last sold for £240,000 in August 2010, which was around 19% below the average August 2010 detached price in the Mid Devon local authority area. The most recent EPC inspection was April 2010, where the current energy rating was D, and the potential energy rating was D.

NETHERLEIGH Sold Prices

Land registry data shows two sales for NETHERLEIGH 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 NETHERLEIGH 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
2010 6 AUG	£240,000	£297,045	19% below HPI
2006 17 FEB	£220,000	£256,084	14% below HPI

NETHERLEIGH 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 NETHERLEIGH sales from February 2006 and August 2010 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 February 2006 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the August 2010 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

What might NETHERLEIGH be worth now?

NETHERLEIGH might now be worth an estimated £340,726.

This is based on house price inflation of 42%, between August 2010 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 42% inflationary increase is applied to the most recent sale price for NETHERLEIGH of £240,000 on 6th August 2010. For the value to have increased from £240,000 to £340,726 over the fifteen years and six months to February 2025, the following assumptions must hold true:

• The value of NETHERLEIGH has moved in line with the HPI for detached houses in the Mid Devon local authority area.
• The August 2010 sale price of £240,000 represented a fair market value for the property.
• The size, condition, and specification of NETHERLEIGH has not materially changed since August 2010.

How Large is NETHERLEIGH?

NETHERLEIGH is 115m² according to the EPC inspection conducted in April 2010. This puts it in the largest 50% 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 NETHERLEIGH lies on this distribution: 54% of detached houses houses are smaller than NETHERLEIGH, and 46% of houses are larger. Note that EPC data is not available for all properties in Crediton.

NETHERLEIGH: Plot and Title Map

NETHERLEIGH sits on a plot of roughly 0.124 of an acre, or 503m². The below map shows the location of NETHERLEIGH, 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 NETHERLEIGH). 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 NETHERLEIGH?

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