56, QUEEN ELIZABETH DRIVE, CREDITON, EX17 2EJ - £220,000

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.

56 QUEEN ELIZABETH DRIVE is a small extended terraced house of 85m², built sometime between 1996 and 2002, which could now be worth an estimated £192,896. It was last sold for £220,000 in October 2022, which was around 11% below the average October 2022 terraced price in the Mid Devon local authority area. The most recent EPC inspection was January 2021, where the current energy rating was C, and the potential energy rating was B.

56 QUEEN ELIZABETH DRIVE Sold Prices

Land registry data shows three sales for 56 QUEEN ELIZABETH DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Mid Devon local authority area for the corresponding sale date. All of the three 56 QUEEN ELIZABETH DRIVE 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 10 OCT	£220,000	£247,347	11% below HPI
2017 13 NOV	£175,000	£181,193	3% below HPI
2010 23 JUN	£75,000	£151,236	50% below HPI

56 QUEEN ELIZABETH DRIVE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Mid Devon local authority area over time, sourced from the HPI. The three 56 QUEEN ELIZABETH DRIVE sales between June 2010 and October 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 November 2017 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the October 2022 sale, where it falls to 11% below the HPI. The line then continues to track at 11% below the HPI.

What might 56 QUEEN ELIZABETH DRIVE be worth now?

56 QUEEN ELIZABETH DRIVE might now be worth an estimated £192,896.

This is based on house price deflation of 12.3%, between October 2022 and July 2025, for terraced 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 12.3% deflationary decrease is applied to the most recent sale price for 56 QUEEN ELIZABETH DRIVE of £220,000 on 10th October 2022. For the value to have decreased from £220,000 to £192,896 over the three years and three months to July 2025, the following assumptions must hold true:

• The value of 56 QUEEN ELIZABETH DRIVE has moved in line with the HPI for terraced houses in the Mid Devon local authority area.
• The October 2022 sale price of £220,000 represented a fair market value for the property.
• The size, condition, and specification of 56 QUEEN ELIZABETH DRIVE has not materially changed since October 2022.

How Large is 56 QUEEN ELIZABETH DRIVE?

56 QUEEN ELIZABETH DRIVE is 85m², which includes one extension, according to the EPC inspection conducted in January 2021. This puts it in the smallest 30% of terraced houses houses in Crediton, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Crediton, and where 56 QUEEN ELIZABETH DRIVE lies on this distribution: 21% of terraced houses houses are smaller than 56 QUEEN ELIZABETH DRIVE, and 78% of houses are larger. Note that EPC data is not available for all properties in Crediton.

56 QUEEN ELIZABETH DRIVE: Plot and Title Map

56 QUEEN ELIZABETH DRIVE sits on a plot of roughly 0.029 of an acre, or 118m². The below map shows the location of 56 QUEEN ELIZABETH DRIVE, 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 56 QUEEN ELIZABETH DRIVE). 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 56 QUEEN ELIZABETH DRIVE?

56 QUEEN ELIZABETH DRIVE is located in CREDITON, in the EX17 postcode district. The below map shows the position of No. 56 on QUEEN ELIZABETH DRIVE.