14, CHERRY MEADOW, CHERITON FITZPAINE, CREDITON, EX17 4JX - £240,000

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.

14 CHERRY MEADOW is a very small detached house of 68m², built sometime between 1967 and 1975, which could now be worth an estimated £230,439. It was last sold for £240,000 in December 2024, which was around 45% below the average December 2024 detached price in the Mid Devon local authority area. The most recent EPC inspection was March 2020, where the current energy rating was D, and the potential energy rating was B.

14 CHERRY MEADOW Sold Prices

Land registry data shows three sales for 14 CHERRY MEADOW since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Mid Devon local authority area for the corresponding sale date. All of the three 14 CHERRY MEADOW 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
2024 17 DEC	£240,000	£439,209	45% below HPI
2009 27 NOV	£180,000	£268,912	33% below HPI
1995 18 AUG	£59,000	£84,992	31% below HPI

14 CHERRY MEADOW 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 three 14 CHERRY MEADOW sales between August 1995 and December 2024 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 2009 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the December 2024 sale, where it falls to 45% below the HPI. The line then continues to track at 45% below the HPI.

What might 14 CHERRY MEADOW be worth now?

14 CHERRY MEADOW might now be worth an estimated £230,439.

This is based on house price deflation of 4%, between December 2024 and February 2025, 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 4% deflationary decrease is applied to the most recent sale price for 14 CHERRY MEADOW of £240,000 on 17th December 2024. For the value to have decreased from £240,000 to £230,439 over the one year and ten months to February 2025, the following assumptions must hold true:

• The value of 14 CHERRY MEADOW has moved in line with the HPI for detached houses in the Mid Devon local authority area.
• The December 2024 sale price of £240,000 represented a fair market value for the property.
• The size, condition, and specification of 14 CHERRY MEADOW has not materially changed since December 2024.

How Large is 14 CHERRY MEADOW?

14 CHERRY MEADOW is 68m² according to the EPC inspection conducted in March 2020. This puts it in the smallest 10% of detached houses houses in Cheriton Fitzpaine, based on EPC data. The below chart shows the distribution of detached houses houses by size in Cheriton Fitzpaine, and where 14 CHERRY MEADOW lies on this distribution: Less than 1% of detached houses houses are smaller than 14 CHERRY MEADOW, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Cheriton Fitzpaine.

14 CHERRY MEADOW: Plot and Title Map

14 CHERRY MEADOW sits on a plot of roughly 0.087 of an acre, or 352m². The below map shows the location of 14 CHERRY MEADOW, 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 14 CHERRY MEADOW). 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 14 CHERRY MEADOW?

14 CHERRY MEADOW is located in CHERITON FITZPAINE, in the EX17 postcode district. The below map shows the position of No. 14 on CHERRY MEADOW.