2, RUSSET LOOP, CRANBROOK, EXETER, EX5 7EY - £355,000

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.

2 RUSSET LOOP is a very large detached house of 143m², which could now be worth an estimated £432,231. It was last sold for £355,000 in November 2018, which was around 19% below the average November 2018 detached price in the East Devon local authority area. The most recent EPC inspection was August 2017, where the current energy rating was B, and the potential energy rating was A.

2 RUSSET LOOP Sold Prices

Land registry data shows two sales for 2 RUSSET LOOP since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the East Devon local authority area for the corresponding sale date. Both of the two 2 RUSSET LOOP 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
2018 12 NOV	£355,000	£439,319	19% below HPI
2016 5 MAY	£345,000	£381,306	10% below HPI

2 RUSSET LOOP Price Paid vs. HPI Average

The below graph shows the average detached house price in the East Devon local authority area over time, sourced from the HPI. The two 2 RUSSET LOOP sales from May 2016 and November 2018 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 May 2016 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the November 2018 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

What might 2 RUSSET LOOP be worth now?

2 RUSSET LOOP might now be worth an estimated £432,231.

This is based on house price inflation of 21.8%, between November 2018 and March 2025, for detached 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 21.8% inflationary increase is applied to the most recent sale price for 2 RUSSET LOOP of £355,000 on 12th November 2018. For the value to have increased from £355,000 to £432,231 over the seven years and eight months to March 2025, the following assumptions must hold true:

• The value of 2 RUSSET LOOP has moved in line with the HPI for detached houses in the East Devon local authority area.
• The November 2018 sale price of £355,000 represented a fair market value for the property.
• The size, condition, and specification of 2 RUSSET LOOP has not materially changed since November 2018.

How Large is 2 RUSSET LOOP?

2 RUSSET LOOP is 143m² according to the EPC inspection conducted in August 2017. This puts it in the largest 20% of detached houses houses in Cranbrook, based on EPC data. The below chart shows the distribution of detached houses houses by size in Cranbrook, and where 2 RUSSET LOOP lies on this distribution: 87% of detached houses houses are smaller than 2 RUSSET LOOP, and 11% of houses are larger. Note that EPC data is not available for all properties in Cranbrook.

2 RUSSET LOOP: Plot and Title Map

2 RUSSET LOOP sits on a plot of roughly 0.096 of an acre, or 389m². The below map shows the location of 2 RUSSET LOOP, 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 2 RUSSET LOOP). 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 2 RUSSET LOOP?

2 RUSSET LOOP is located in CRANBROOK, in the EX5 postcode district. The below map shows the position of No. 2 on RUSSET LOOP.