6, HEDGE ROW CLOSE, COPPLESTONE, CREDITON, EX17 5PF - £143,500

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.

6 HEDGE ROW CLOSE is a very small terraced house of 69m², built sometime from 2007 onwards, which could now be worth an estimated £197,208. It was last sold for £143,500 in March 2015, which was around 11% below the average March 2015 terraced price in the Mid Devon local authority area. The most recent EPC inspection was April 2014, where the current energy rating was C, and the potential energy rating was A.

6 HEDGE ROW CLOSE Sold Prices

Land registry data shows two sales for 6 HEDGE ROW CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Mid Devon local authority area for the corresponding sale date. Both of the two 6 HEDGE ROW CLOSE 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
2015 27 MAR	£143,500	£161,133	11% below HPI
2006 11 AUG	£94,500	£145,266	35% below HPI

6 HEDGE ROW CLOSE 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 two 6 HEDGE ROW CLOSE sales from August 2006 and March 2015 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 August 2006 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the March 2015 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.

What might 6 HEDGE ROW CLOSE be worth now?

6 HEDGE ROW CLOSE might now be worth an estimated £197,208.

This is based on house price inflation of 37.4%, between March 2015 and May 2026, 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 37.4% inflationary increase is applied to the most recent sale price for 6 HEDGE ROW CLOSE of £143,500 on 27th March 2015. For the value to have increased from £143,500 to £197,208 over the ten years and ten months to May 2026, the following assumptions must hold true:

• The value of 6 HEDGE ROW CLOSE has moved in line with the HPI for terraced houses in the Mid Devon local authority area.
• The March 2015 sale price of £143,500 represented a fair market value for the property.
• The size, condition, and specification of 6 HEDGE ROW CLOSE has not materially changed since March 2015.

How Large is 6 HEDGE ROW CLOSE?

6 HEDGE ROW CLOSE is 69m² according to the EPC inspection conducted in April 2014. This puts it in the smallest 20% of terraced houses in Copplestone, based on EPC data. The below chart shows the distribution of terraced houses by size in Copplestone, and where 6 HEDGE ROW CLOSE lies on this distribution: 18% of terraced houses are smaller than 6 HEDGE ROW CLOSE, and 80% of terraced houses are larger. Note that EPC data is not available for all properties in Copplestone.

Where is 6 HEDGE ROW CLOSE?

6 HEDGE ROW CLOSE is located in COPPLESTONE, in the EX17 postcode district.