PEARTREE HOUSE, LAPFORD, CREDITON, EX17 6PZ - £285,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

PEARTREE HOUSE is a large detached house of 130m². It was last sold for £285,000 in October 2014, which was around 7% below the average October 2014 detached price in the Mid Devon local authority area. The most recent EPC inspection was September 2014, where the current energy rating was B, and the potential energy rating was B.

PEARTREE HOUSE Sold Prices

Land registry data shows two sales for PEARTREE HOUSE 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 PEARTREE HOUSE 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
2014 27 OCT	£285,000	£305,708	7% below HPI
2013 18 SEP	£93,000	£298,607	69% below HPI

PEARTREE HOUSE 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 PEARTREE HOUSE sales from September 2013 and October 2014 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 September 2013 sale was for 69% below the HPI. So the extrapolation line tracks at 69% below the HPI over time, until the October 2014 sale, where it rises to 7% below the HPI. The line then continues to track at 7% below the HPI.

What might PEARTREE HOUSE be worth now?

PEARTREE HOUSE might now be worth an estimated £405,287.

This is based on house price inflation of 42.2%, between October 2014 and December 2024, 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 42.2% inflationary increase is applied to the most recent sale price for PEARTREE HOUSE of £285,000 on 27th October 2014. For the value to have increased from £285,000 to £405,287 over the nine years and ten months to December 2024, the following assumptions must hold true:

• The value of PEARTREE HOUSE has moved in line with the HPI for detached houses in the Mid Devon local authority area.
• The October 2014 sale price of £285,000 represented a fair market value for the property.
• The size, condition, and specification of PEARTREE HOUSE has not materially changed since October 2014.

How Large is PEARTREE HOUSE?

PEARTREE HOUSE is 130m² according to the EPC inspection conducted in September 2014. This puts it in the largest 40% of detached houses houses in Lapford, based on EPC data. The below chart shows the distribution of detached houses houses by size in Lapford, and where PEARTREE HOUSE lies on this distribution: 64% of detached houses houses are smaller than PEARTREE HOUSE, and 36% of houses are larger. Note that EPC data is not available for all properties in Lapford.

PEARTREE HOUSE: Plot and Title Map

PEARTREE HOUSE sits on a plot of roughly 0.083 of an acre, or 336m². The below map shows the location of PEARTREE HOUSE, 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 PEARTREE HOUSE). 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 PEARTREE HOUSE?

PEARTREE HOUSE is located in LAPFORD, in the EX17 postcode district. The below map shows the position of PEARTREE HOUSE in LAPFORD.