8, LOWER RAY, CRANBROOK, EXETER, EX5 7GF - £240,000

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.

8 LOWER RAY is a midsized semi-detached house of 80m², built in 2018, which could now be worth an estimated £296,936. It was last sold for £240,000 in October 2019, which was around 12% below the average October 2019 semi-detached price in the East Devon local authority area. The most recent EPC inspection was November 2018, where the current energy rating was B, and the potential energy rating was A.

8 LOWER RAY Sold Prices

Land registry data shows one sale for 8 LOWER RAY since 1^st January 1995. The below table shows the price paid for the one sale, along with the average semi-detached price in the East Devon local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2019 7 OCT	£240,000	£274,179	12% below HPI

What might 8 LOWER RAY be worth now?

8 LOWER RAY might now be worth an estimated £296,936.

This is based on house price inflation of 23.7%, between October 2019 and April 2026, for semi-detached houses, in the East Devon local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 23.7% inflationary increase is applied to the most recent sale price for 8 LOWER RAY of £240,000 on 7th October 2019. For the value to have increased from £240,000 to £296,936 over the seven years and six months to April 2026, the following assumptions must hold true:

• The value of 8 LOWER RAY has moved in line with the HPI for semi-detached houses in the East Devon local authority area.
• The October 2019 sale price of £240,000 represented a fair market value for the property.
• The size, condition, and specification of 8 LOWER RAY has not materially changed since October 2019.

How Large is 8 LOWER RAY?

8 LOWER RAY is 80m² according to the EPC inspection conducted in November 2018. This puts it in the largest 40% of semi-detached houses in Cranbrook, based on EPC data. The below chart shows the distribution of semi-detached houses by size in Cranbrook, and where 8 LOWER RAY lies on this distribution: 59% of semi-detached houses are smaller than 8 LOWER RAY, and 31% of semi-detached houses are larger. Note that EPC data is not available for all properties in Cranbrook.

8 LOWER RAY: Plot

8 LOWER RAY sits on a plot of roughly 0.052 of an acre, or 211m².

Where is 8 LOWER RAY?

8 LOWER RAY is located in CRANBROOK, in the EX5 postcode district.