TUDOR COTTAGE, LAPFORD, CREDITON, EX17 6QG - £340,000

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

TUDOR COTTAGE is a large extended detached house of 147m², built sometime between 1983 and 1990. It was last sold for £340,000 in May 2021, which was around 9% below the average May 2021 detached price in the Mid Devon local authority area. The most recent EPC inspection was February 2019, where the current energy rating was D, and the potential energy rating was C.

TUDOR COTTAGE Sold Prices

Land registry data shows four sales for TUDOR COTTAGE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Mid Devon local authority area for the corresponding sale date. All of the four TUDOR COTTAGE 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 6 MAY	£340,000	£373,876	9% below HPI
2017 17 NOV	£330,000	£352,411	6% below HPI
2010 9 MAR	£250,000	£278,716	10% below HPI
2004 29 JAN	£195,000	£231,821	16% below HPI

TUDOR COTTAGE 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 four TUDOR COTTAGE sales between January 2004 and May 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 November 2017 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the May 2021 sale, where it falls to 9% below the HPI. The line then continues to track at 9% below the HPI.

What might TUDOR COTTAGE be worth now?

TUDOR COTTAGE might now be worth an estimated £395,345.

This is based on house price inflation of 16.3%, between May 2021 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 16.3% inflationary increase is applied to the most recent sale price for TUDOR COTTAGE of £340,000 on 6th May 2021. For the value to have increased from £340,000 to £395,345 over the two years and five months to December 2024, the following assumptions must hold true:

• The value of TUDOR COTTAGE has moved in line with the HPI for detached houses in the Mid Devon local authority area.
• The May 2021 sale price of £340,000 represented a fair market value for the property.
• The size, condition, and specification of TUDOR COTTAGE has not materially changed since May 2021.

How Large is TUDOR COTTAGE?

TUDOR COTTAGE is 147m², which includes two extensions, according to the EPC inspection conducted in February 2019. This puts it in the largest 30% 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 TUDOR COTTAGE lies on this distribution: 77% of detached houses houses are smaller than TUDOR COTTAGE, and 23% of houses are larger. Note that EPC data is not available for all properties in Lapford.

TUDOR COTTAGE: Plot and Title Map

TUDOR COTTAGE sits on a plot of roughly 0.100 of an acre, or 405m². The below map shows the location of TUDOR COTTAGE, 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 TUDOR COTTAGE). 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 TUDOR COTTAGE?

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