12, FORE STREET, BRADNINCH, EXETER, EX5 4NN - £405,000

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.

12 FORE STREET is a very small extended terraced house of 79m², built sometime before 1900, which could now be worth an estimated £570,808. It was last sold for £405,000 in February 2007, which was around 158% above the average February 2007 terraced price in the Mid Devon local authority area. The most recent EPC inspection was May 2014, where the current energy rating was C, and the potential energy rating was C.

12 FORE STREET Sold Prices

Land registry data shows five sales for 12 FORE STREET since 1^st January 1995. The below table shows the price paid for the five sales, along with the average terraced price in the Mid Devon local authority area for the corresponding sale date. Most of the five 12 FORE STREET 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
2007 7 FEB	£405,000	£157,117	158% above HPI
2001 5 JAN	£46,000	£62,766	27% below HPI
1998 2 NOV	£155,000	£50,848	205% above HPI
1997 23 MAY	£37,000	£45,398	18% below HPI
1996 6 JUN	£137,500	£42,510	223% above HPI

12 FORE STREET Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Mid Devon local authority area over time, sourced from the HPI. The five 12 FORE STREET sales between June 1996 and February 2007 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 January 2001 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the February 2007 sale, where it rises to 158% above the HPI. The line then continues to track at 158% above the HPI.

What might 12 FORE STREET be worth now?

12 FORE STREET might now be worth an estimated £570,808.

This is based on house price inflation of 40.9%, between February 2007 and May 2026, for terraced 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 40.9% inflationary increase is applied to the most recent sale price for 12 FORE STREET of £405,000 on 7th February 2007. For the value to have increased from £405,000 to £570,808 over the eighteen years and nine months to May 2026, the following assumptions must hold true:

• The value of 12 FORE STREET has moved in line with the HPI for terraced houses in the Mid Devon local authority area.
• The February 2007 sale price of £405,000 represented a fair market value for the property.
• The size, condition, and specification of 12 FORE STREET has not materially changed since February 2007.

How Large is 12 FORE STREET?

12 FORE STREET is 79m², which includes one extension, according to the EPC inspection conducted in May 2014. This puts it in the smallest 10% of terraced houses houses in Bradninch, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Bradninch, and where 12 FORE STREET lies on this distribution: 8% of terraced houses houses are smaller than 12 FORE STREET, and 92% of houses are larger. Note that EPC data is not available for all properties in Bradninch.

12 FORE STREET: Plot and Title Map

12 FORE STREET sits on a plot of roughly 0.067 of an acre, or 270m². The below map shows the location of 12 FORE STREET, 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 12 FORE STREET). 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 12 FORE STREET?

12 FORE STREET is located in BRADNINCH, in the EX5 postcode district. The below map shows the position of No. 12 on FORE STREET.