TOWER VIEW, ZEAL MONACHORUM, CREDITON, EX17 6DF - £342,000

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

TOWER VIEW is a very large detached house of 198m². It was last sold for £342,000 in August 2016, which was around 5% above the average August 2016 detached price in the Mid Devon local authority area. The most recent EPC inspection was April 2009, where the current energy rating was B, and the potential energy rating was B.

TOWER VIEW Sold Prices

Land registry data shows two sales for TOWER VIEW 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 TOWER VIEW 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
2016 18 AUG	£342,000	£325,138	5% above HPI
2013 23 MAY	£330,000	£288,400	14% above HPI

TOWER VIEW 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 TOWER VIEW sales from May 2013 and August 2016 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 May 2013 sale was for 14% above the HPI. So the extrapolation line tracks at 14% above the HPI over time, until the August 2016 sale, where it falls to 5% above the HPI. The line then continues to track at 5% above the HPI.

What might TOWER VIEW be worth now?

TOWER VIEW might now be worth an estimated £457,281.

This is based on house price inflation of 33.7%, between August 2016 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 33.7% inflationary increase is applied to the most recent sale price for TOWER VIEW of £342,000 on 18th August 2016. For the value to have increased from £342,000 to £457,281 over the seven years and eight months to December 2024, the following assumptions must hold true:

• The value of TOWER VIEW has moved in line with the HPI for detached houses in the Mid Devon local authority area.
• The August 2016 sale price of £342,000 represented a fair market value for the property.
• The size, condition, and specification of TOWER VIEW has not materially changed since August 2016.

How Large is TOWER VIEW?

TOWER VIEW is 198m² according to the EPC inspection conducted in April 2009. This puts it in the largest 10% of detached houses houses in Zeal Monachorum, based on EPC data. The below chart shows the distribution of detached houses houses by size in Zeal Monachorum, and where TOWER VIEW lies on this distribution: 93% of detached houses houses are smaller than TOWER VIEW, and 7% of houses are larger. Note that EPC data is not available for all properties in Zeal Monachorum.

TOWER VIEW: Plot and Title Map

TOWER VIEW sits on a plot of roughly 0.130 of an acre, or 528m². The below map shows the location of TOWER VIEW, 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 TOWER VIEW). 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 TOWER VIEW?

TOWER VIEW is located in ZEAL MONACHORUM, in the EX17 postcode district. The below map shows the position of TOWER VIEW in ZEAL MONACHORUM.