18, PITT PARK, CRANBROOK, EXETER, EX5 7BQ - £235,000

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.

18 PITT PARK is a very small terraced house of 58m², built sometime from 2012 onwards, which could now be worth an estimated £233,654. It was last sold for £235,000 in September 2023, which was around 13% below the average September 2023 terraced price in the East Devon local authority area. The most recent EPC inspection was February 2023, where the current energy rating was C, and the potential energy rating was A.

18 PITT PARK Sold Prices

Land registry data shows three sales for 18 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 18 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
2023 22 SEP	£235,000	£271,640	13% below HPI
2021 1 SEP	£220,000	£238,798	8% below HPI
2017 15 SEP	£191,500	£211,705	10% below HPI

18 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 18 PITT PARK sales between September 2017 and September 2023 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 September 2021 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the September 2023 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.

What might 18 PITT PARK be worth now?

18 PITT PARK might now be worth an estimated £233,654.

This is based on house price deflation of 0.6%, between September 2023 and July 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 0.6% deflationary decrease is applied to the most recent sale price for 18 PITT PARK of £235,000 on 22nd September 2023. For the value to have decreased from £235,000 to £233,654 over the three years and two months to July 2026, the following assumptions must hold true:

• The value of 18 PITT PARK has moved in line with the HPI for terraced houses in the East Devon local authority area.
• The September 2023 sale price of £235,000 represented a fair market value for the property.
• The size, condition, and specification of 18 PITT PARK has not materially changed since September 2023.

How Large is 18 PITT PARK?

18 PITT PARK is 58m² according to the EPC inspection conducted in February 2023. 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 18 PITT PARK lies on this distribution: 1% of terraced houses houses are smaller than 18 PITT PARK, and 99% of houses are larger. Note that EPC data is not available for all properties in Cranbrook.

18 PITT PARK: Plot and Title Map

18 PITT PARK sits on a plot of roughly 0.038 of an acre, or 154m². The below map shows the location of 18 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 18 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 18 PITT PARK?

18 PITT PARK is located in CRANBROOK, in the EX5 postcode district. The below map shows the position of No. 18 on PITT PARK.