Elm Tree Barn, Crediton
Elm Tree Barn, Crediton
Description & Estimates
Elm Tree Barn, Crediton is recorded publicly as a modern freehold house across 1,571 ft2 of internal area, sitting on a 652 m2 plot.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of Elm Tree Barn, Crediton is £397,695 and its rental estimate is £1,595 per month, given the available information and assuming reasonable condition.
Morchard Road, Crediton, EX17 falls within the EX17 postal district, in the borough of Mid Devon.
Our Data Sources
Elm Tree Barn, Crediton has 21 entries in the Land Registry , most recently in October 2022 and a single entry in the EPC database dated October 2021.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For Elm Tree Barn, Crediton, we estimate a market value of £417,579 and a rental value of £1,675 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £369,856 and £1,484 per month respectively.
Recent Market Change
Over the last year, Elm Tree Barn, Crediton has seen its estimated sale value fall by £2,764 (0.7%) and its estimated rental value move up by £43 per month (2.7%). This results in an estimated gross rental yield of 4.8%.
Plot Size
HM Land Registry records the plot of land for Elm Tree Barn, Crediton as measuring 652 m2.
That makes it the 11th largest plot in the postcode, where 13 of the 18 other houses have recorded plot data.
Energy Efficiency
Elm Tree Barn, Crediton has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 29 Oct 2021.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, oil.
Sold Prices
The most recent sale of Elm Tree Barn, Crediton completed on 6th October 2022 at £524,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold twice.
Values of comparable properties have dropped by 10.3% over the period since October 2022.
- Sold Oct 2022£524,000
- Sold Apr 2004£250,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Elm Tree Barn, Crediton have sold within a radius of 4.6 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 15th February 2024, was Barn Close, Morchard Road, Crediton, EX17 5LH, a freehold house which sold for £359,000.
Read more about house prices in EX17.
- Sold Feb 2024£359,000 | 4 Bed HouseBarn Close, Morchard Road, Crediton, EX17 5LHBarn Close, Morchard Road, Crediton, EX17 5LH
- Sold Dec 2022£550,000 | 4 Bed HouseMeadow View, Crediton, EX17 6QUMeadow View, Crediton, EX17 6QU
- Sold Aug 2022£400,000 | 4 Bed HouseCarpenters Barn, Crediton, EX17 6EACarpenters Barn, Crediton, EX17 6EA
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 65 addresses on Morchard Road, Crediton, EX17, Elm Tree Barn, Crediton comes out as the 29th largest and the 34th most expensive in our analysis of the public data.
It is also £59k more expensive than the average property across the EX17 district.
More reading links
Schools Nearby
- 3.1kmSt Thomas of Canterbury CofE Primary School
- 3.4kmMorchard Bishop Church of England Primary School
- 3.8kmCopplestone Primary School
- 9.6kmQueen Elizabeth's
- 10.9kmChulmleigh Community College
- 18.8kmOkehampton College
More reading links
Public Transport Nearby
From Elm Tree Barn, Crediton, the nearest station is Morchard Road, 700 metres away.
- 700mMorchard Road
- 3.1kmLapford
- 3.3kmCopplestone
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
