14, PITT PARK, CRANBROOK, EXETER, EX5 7BQ - £200,000

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 PITT PARK is a very small terraced house of 54m², built sometime between 2007 and 2011, which could now be worth an estimated £215,223. It was last sold for £200,000 in March 2022, which was around 21% below the average March 2022 terraced price in the East Devon local authority area. The most recent EPC inspection was August 2022, where the current energy rating was C, and the potential energy rating was A.

14 PITT PARK Sold Prices

Land registry data shows three sales for 14 PITT PARK since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the East Devon local authority area for the corresponding sale date. All of the three 14 PITT PARK 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
2022 23 MAR	£200,000	£253,531	21% below HPI
2020 19 FEB	£185,000	£220,747	16% below HPI
2015 11 DEC	£165,000	£192,591	14% below HPI

14 PITT PARK Price Paid vs. HPI Average

The below graph shows the average terraced house price in the East Devon local authority area over time, sourced from the HPI. The three 14 PITT PARK sales between December 2015 and March 2022 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 February 2020 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the March 2022 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.

What might 14 PITT PARK be worth now?

14 PITT PARK might now be worth an estimated £215,223.

This is based on house price inflation of 7.6%, between March 2022 and May 2026, for terraced houses, in the East Devon local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 7.6% inflationary increase is applied to the most recent sale price for 14 PITT PARK of £200,000 on 23rd March 2022. For the value to have increased from £200,000 to £215,223 over the three years and ten months to May 2026, the following assumptions must hold true:

• The value of 14 PITT PARK has moved in line with the HPI for terraced houses in the East Devon local authority area.
• The March 2022 sale price of £200,000 represented a fair market value for the property.
• The size, condition, and specification of 14 PITT PARK has not materially changed since March 2022.

How Large is 14 PITT PARK?

14 PITT PARK is 54m² according to the EPC inspection conducted in August 2022. This puts it in the smallest 10% of terraced houses houses in Cranbrook, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Cranbrook, and where 14 PITT PARK lies on this distribution: Less than 1% of terraced houses houses are smaller than 14 PITT PARK, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Cranbrook.

14 PITT PARK: Plot and Title Map

14 PITT PARK sits on a plot of roughly 0.031 of an acre, or 124m². The below map shows the location of 14 PITT PARK, 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 PITT PARK). 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 PITT PARK?

14 PITT PARK is located in CRANBROOK, in the EX5 postcode district. The below map shows the position of No. 14 on PITT PARK.