LEE MOUNT, COPPLESTONE, CREDITON, EX17 5NF - £325,000

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.

LEE MOUNT is a large extended detached house of 160m², built sometime before 1900, which could now be worth an estimated £403,368. It was last sold for £325,000 in May 2018, which was around 7% below the average May 2018 detached price in the Mid Devon local authority area. The most recent EPC inspection was May 2017, where the current energy rating was D, and the potential energy rating was C.

LEE MOUNT Sold Prices

Land registry data shows four sales for LEE MOUNT since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Mid Devon local authority area for the corresponding sale date. Most of the four LEE MOUNT 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 31 MAY	£325,000	£348,426	7% below HPI
2009 28 SEP	£191,000	£270,697	29% below HPI
1999 5 NOV	£115,000	£113,794	1% above HPI
1998 24 APR	£84,000	£99,061	15% below HPI

LEE MOUNT Price Paid vs. HPI Average

The below graph shows the average detached house price in the Mid Devon local authority area over time, sourced from the HPI. The four LEE MOUNT sales between April 1998 and May 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 September 2009 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the May 2018 sale, where it rises to 7% below the HPI. The line then continues to track at 7% below the HPI.

What might LEE MOUNT be worth now?

LEE MOUNT might now be worth an estimated £403,368.

This is based on house price inflation of 24.1%, between May 2018 and April 2026, for 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 24.1% inflationary increase is applied to the most recent sale price for LEE MOUNT of £325,000 on 31st May 2018. For the value to have increased from £325,000 to £403,368 over the eight years and one month to April 2026, the following assumptions must hold true:

• The value of LEE MOUNT has moved in line with the HPI for detached houses in the Mid Devon local authority area.
• The May 2018 sale price of £325,000 represented a fair market value for the property.
• The size, condition, and specification of LEE MOUNT has not materially changed since May 2018.

How Large is LEE MOUNT?

LEE MOUNT is 160m², which includes two extensions, according to the EPC inspection conducted in May 2017. This puts it in the largest 30% of detached houses houses in Copplestone, based on EPC data. The below chart shows the distribution of detached houses houses by size in Copplestone, and where LEE MOUNT lies on this distribution: 76% of detached houses houses are smaller than LEE MOUNT, and 22% of houses are larger. Note that EPC data is not available for all properties in Copplestone.

LEE MOUNT: Plot and Title Map

LEE MOUNT sits on a plot of roughly 0.178 of an acre, or 721m². The below map shows the location of LEE MOUNT, 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 LEE MOUNT). 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 LEE MOUNT?

LEE MOUNT is located in COPPLESTONE, in the EX17 postcode district. The below map shows the position of LEE MOUNT in COPPLESTONE.