4, GOLDEN JOY, CREDITON, EX17 1EA - £227,000

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.

4 GOLDEN JOY is a very small extended semi-detached house of 70m², built sometime between 1967 and 1975, which could now be worth an estimated £251,423. It was last sold for £227,000 in February 2021, which was around 10% below the average February 2021 semi-detached price in the Mid Devon local authority area. The most recent EPC inspection was October 2020, where the current energy rating was F, and the potential energy rating was B.

4 GOLDEN JOY Sold Prices

Land registry data shows two sales for 4 GOLDEN JOY 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. One of the two 4 GOLDEN JOY sales was for below the average price, whilst the other was for above 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
2021 4 FEB	£227,000	£251,614	10% below HPI
1995 9 JAN	£66,500	£59,232	12% above HPI

4 GOLDEN JOY 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 4 GOLDEN JOY sales from January 1995 and February 2021 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 January 1995 sale was for 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the February 2021 sale, where it falls to 10% below the HPI. The line then continues to track at 10% below the HPI.

What might 4 GOLDEN JOY be worth now?

4 GOLDEN JOY might now be worth an estimated £251,423.

This is based on house price inflation of 10.8%, between February 2021 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 10.8% inflationary increase is applied to the most recent sale price for 4 GOLDEN JOY of £227,000 on 4th February 2021. For the value to have increased from £227,000 to £251,423 over the four years to February 2025, the following assumptions must hold true:

• The value of 4 GOLDEN JOY has moved in line with the HPI for semi-detached houses in the Mid Devon local authority area.
• The February 2021 sale price of £227,000 represented a fair market value for the property.
• The size, condition, and specification of 4 GOLDEN JOY has not materially changed since February 2021.

How Large is 4 GOLDEN JOY?

4 GOLDEN JOY is 70m², which includes one extension, according to the EPC inspection conducted in October 2020. 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 4 GOLDEN JOY lies on this distribution: 7% of semi-detached houses houses are smaller than 4 GOLDEN JOY, and 92% of houses are larger. Note that EPC data is not available for all properties in Crediton.

4 GOLDEN JOY: Plot and Title Map

4 GOLDEN JOY sits on a plot of roughly 0.117 of an acre, or 474m². The below map shows the location of 4 GOLDEN JOY, 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 4 GOLDEN JOY). 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 4 GOLDEN JOY?

4 GOLDEN JOY is located in CREDITON, in the EX17 postcode district. The below map shows the position of No. 4 on GOLDEN JOY.