1, SIMCOE PLACE, HEMYOCK, CULLOMPTON, EX15 3RB - £335,000

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.

1 SIMCOE PLACE is a midsized detached house of 111m², built sometime between 1983 and 1990, which could now be worth an estimated £388,730. It was last sold for £335,000 in September 2019, which was around 8% below the average September 2019 detached price in the Mid Devon local authority area. The most recent EPC inspection was May 2017, where the current energy rating was F, and the potential energy rating was D.

1 SIMCOE PLACE Sold Prices

Land registry data shows four sales for 1 SIMCOE PLACE 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. two of the four 1 SIMCOE PLACE sales were for below the average price, and four were for above 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
2019 18 SEP	£335,000	£363,423	8% below HPI
2017 15 AUG	£315,000	£344,626	9% below HPI
2001 16 NOV	£170,000	£160,542	6% above HPI
2000 7 APR	£125,000	£121,461	3% above HPI

1 SIMCOE PLACE 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 1 SIMCOE PLACE sales between April 2000 and September 2019 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 2017 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the September 2019 sale, where it rises to 8% below the HPI. The line then continues to track at 8% below the HPI.

What might 1 SIMCOE PLACE be worth now?

1 SIMCOE PLACE might now be worth an estimated £388,730.

This is based on house price inflation of 16%, between September 2019 and February 2025, 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 16% inflationary increase is applied to the most recent sale price for 1 SIMCOE PLACE of £335,000 on 18th September 2019. For the value to have increased from £335,000 to £388,730 over the six years and seven months to February 2025, the following assumptions must hold true:

• The value of 1 SIMCOE PLACE has moved in line with the HPI for detached houses in the Mid Devon local authority area.
• The September 2019 sale price of £335,000 represented a fair market value for the property.
• The size, condition, and specification of 1 SIMCOE PLACE has not materially changed since September 2019.

How Large is 1 SIMCOE PLACE?

1 SIMCOE PLACE is 111m² according to the EPC inspection conducted in May 2017. This puts it in the largest 50% of detached houses houses in Hemyock, based on EPC data. The below chart shows the distribution of detached houses houses by size in Hemyock, and where 1 SIMCOE PLACE lies on this distribution: 57% of detached houses houses are smaller than 1 SIMCOE PLACE, and 42% of houses are larger. Note that EPC data is not available for all properties in Hemyock.

1 SIMCOE PLACE: Plot and Title Map

1 SIMCOE PLACE sits on a plot of roughly 0.077 of an acre, or 311m². The below map shows the location of 1 SIMCOE PLACE, 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 1 SIMCOE PLACE). 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 1 SIMCOE PLACE?

1 SIMCOE PLACE is located in HEMYOCK, in the EX15 postcode district. The below map shows the position of No. 1 on SIMCOE PLACE.