NYMET TRACEY, BELLE AVENUE, CREDITON, EX17 2AU - £305,000

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.

NYMET TRACEY is a small extended detached house of 93m², built sometime between 1996 and 2002, which could now be worth an estimated £336,600. It was last sold for £305,000 in January 2021, which was around 20% below the average January 2021 detached price in the Mid Devon local authority area. The most recent EPC inspection was November 2019, where the current energy rating was C, and the potential energy rating was B.

NYMET TRACEY Sold Prices

Land registry data shows two sales for NYMET TRACEY 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 NYMET TRACEY 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
2021 21 JAN	£305,000	£382,122	20% below HPI
2010 23 DEC	£175,000	£279,868	37% below HPI

NYMET TRACEY 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 NYMET TRACEY sales from December 2010 and January 2021 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 2010 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the January 2021 sale, where it rises to 20% below the HPI. The line then continues to track at 20% below the HPI.

What might NYMET TRACEY be worth now?

NYMET TRACEY might now be worth an estimated £336,600.

This is based on house price inflation of 10.4%, between January 2021 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 10.4% inflationary increase is applied to the most recent sale price for NYMET TRACEY of £305,000 on 21st January 2021. For the value to have increased from £305,000 to £336,600 over the three years and eleven months to February 2025, the following assumptions must hold true:

• The value of NYMET TRACEY has moved in line with the HPI for detached houses in the Mid Devon local authority area.
• The January 2021 sale price of £305,000 represented a fair market value for the property.
• The size, condition, and specification of NYMET TRACEY has not materially changed since January 2021.

How Large is NYMET TRACEY?

NYMET TRACEY is 93m², which includes one extension, according to the EPC inspection conducted in November 2019. This puts it in the smallest 30% 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 NYMET TRACEY lies on this distribution: 30% of detached houses houses are smaller than NYMET TRACEY, and 70% of houses are larger. Note that EPC data is not available for all properties in Crediton.

NYMET TRACEY: Plot and Title Map

NYMET TRACEY sits on a plot of roughly 0.088 of an acre, or 357m². The below map shows the location of NYMET TRACEY, 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 NYMET TRACEY). 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 NYMET TRACEY?

NYMET TRACEY is located on BELLE AVENUE in CREDITON, in the EX17 postcode district. The below map shows the position of NYMET TRACEY on BELLE AVENUE.