3, ELDER GROVE, CREDITON, EX17 1DE - £187,500

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.

3 ELDER GROVE is a very small semi-detached house of 70m², built sometime between 1976 and 1982, which could now be worth an estimated £244,467. It was last sold for £187,500 in September 2016, which was around 12% below the average September 2016 semi-detached price in the Mid Devon local authority area. The most recent EPC inspection was March 2016, where the current energy rating was D, and the potential energy rating was B.

3 ELDER GROVE Sold Prices

Land registry data shows two sales for 3 ELDER GROVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Mid Devon local authority area for the corresponding sale date. Both of the two 3 ELDER GROVE 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
2016 16 SEP	£187,500	£213,744	12% below HPI
2006 9 JUN	£163,000	£172,985	6% below HPI

3 ELDER GROVE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Mid Devon local authority area over time, sourced from the HPI. The two 3 ELDER GROVE sales from June 2006 and September 2016 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 June 2006 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the September 2016 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.

What might 3 ELDER GROVE be worth now?

3 ELDER GROVE might now be worth an estimated £244,467.

This is based on house price inflation of 30.4%, between September 2016 and February 2025, for semi-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 30.4% inflationary increase is applied to the most recent sale price for 3 ELDER GROVE of £187,500 on 16th September 2016. For the value to have increased from £187,500 to £244,467 over the nine years and seven months to February 2025, the following assumptions must hold true:

• The value of 3 ELDER GROVE has moved in line with the HPI for semi-detached houses in the Mid Devon local authority area.
• The September 2016 sale price of £187,500 represented a fair market value for the property.
• The size, condition, and specification of 3 ELDER GROVE has not materially changed since September 2016.

How Large is 3 ELDER GROVE?

3 ELDER GROVE is 70m² according to the EPC inspection conducted in March 2016. This puts it in the smallest 10% of semi-detached houses houses in Crediton, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Crediton, and where 3 ELDER GROVE lies on this distribution: 7% of semi-detached houses houses are smaller than 3 ELDER GROVE, and 92% of houses are larger. Note that EPC data is not available for all properties in Crediton.

3 ELDER GROVE: Plot and Title Map

3 ELDER GROVE sits on a plot of roughly 0.059 of an acre, or 240m². The below map shows the location of 3 ELDER GROVE, 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 3 ELDER GROVE). 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 3 ELDER GROVE?

3 ELDER GROVE is located in CREDITON, in the EX17 postcode district. The below map shows the position of No. 3 on ELDER GROVE.