PHARLANDS, PEOPLES PARK ROAD, CREDITON, EX17 2DA - £565,000

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

PHARLANDS is a very large extended semi-detached house of 229m², built sometime between 1900 and 1929. It was last sold for £565,000 in November 2021, which was around 37% above the average November 2021 detached price in the Mid Devon local authority area. The most recent EPC inspection was August 2011, where the current energy rating was E, and the potential energy rating was D.

PHARLANDS Sold Prices

Land registry data shows two sales for PHARLANDS 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 PHARLANDS sales were for above 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 25 NOV	£565,000	£413,536	37% above HPI
2012 20 JUL	£355,000	£275,447	29% above HPI

PHARLANDS 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 PHARLANDS sales from July 2012 and November 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 July 2012 sale was for 29% above the HPI. So the extrapolation line tracks at 29% above the HPI over time, until the November 2021 sale, where it rises to 37% above the HPI. The line then continues to track at 37% above the HPI.

How Large is PHARLANDS?

PHARLANDS is 229m², which includes one extension, according to the EPC inspection conducted in August 2011. This puts it in the largest 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 PHARLANDS lies on this distribution: 97% of detached houses are smaller than PHARLANDS, and 3% of houses are larger. Note that EPC data is not available for all properties in Crediton.

PHARLANDS: Plot and Title Map

PHARLANDS sits on a plot of roughly 0.190 of an acre, or 768m². The below map shows the location of PHARLANDS, 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 PHARLANDS). 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 PHARLANDS?

PHARLANDS is located on PEOPLES PARK ROAD in CREDITON, in the EX17 postcode district. The below map shows the position of PHARLANDS on PEOPLES PARK ROAD.