16, TOWNLANDS, WILLAND, CULLOMPTON, EX15 2RR - £179,950

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.

16 TOWNLANDS is a small extended terraced house of 90m², built sometime between 1950 and 1966, which could now be worth an estimated £238,104. It was last sold for £179,950 in June 2016, which was around 8% above the average June 2016 terraced price in the Mid Devon local authority area. The most recent EPC inspection was May 2015, where the current energy rating was F, and the potential energy rating was C.

16 TOWNLANDS Sold Prices

Land registry data shows three sales for 16 TOWNLANDS since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Mid Devon local authority area for the corresponding sale date. The three 16 TOWNLANDS sales were a mix of above the average price, and roughly equal to 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
2016 21 JUN	£179,950	£167,357	8% above HPI
2015 9 OCT	£169,000	£167,017	1% above HPI
2000 2 JUN	£62,500	£62,422	Close to HPI

16 TOWNLANDS Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Mid Devon local authority area over time, sourced from the HPI. The three 16 TOWNLANDS sales between June 2000 and June 2016 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 October 2015 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the June 2016 sale, where it rises to 8% above the HPI. The line then continues to track at 8% above the HPI.

What might 16 TOWNLANDS be worth now?

16 TOWNLANDS might now be worth an estimated £238,104.

This is based on house price inflation of 32.3%, between June 2016 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 32.3% inflationary increase is applied to the most recent sale price for 16 TOWNLANDS of £179,950 on 21st June 2016. For the value to have increased from £179,950 to £238,104 over the ten years and one month to May 2026, the following assumptions must hold true:

• The value of 16 TOWNLANDS has moved in line with the HPI for terraced houses in the Mid Devon local authority area.
• The June 2016 sale price of £179,950 represented a fair market value for the property.
• The size, condition, and specification of 16 TOWNLANDS has not materially changed since June 2016.

How Large is 16 TOWNLANDS?

16 TOWNLANDS is 90m², which includes one extension, according to the EPC inspection conducted in May 2015. This puts it in the smallest 30% of terraced houses houses in Willand, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Willand, and where 16 TOWNLANDS lies on this distribution: 29% of terraced houses houses are smaller than 16 TOWNLANDS, and 70% of houses are larger. Note that EPC data is not available for all properties in Willand.

16 TOWNLANDS: Plot and Title Map

16 TOWNLANDS sits on a plot of roughly 0.065 of an acre, or 264m². The below map shows the location of 16 TOWNLANDS, 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 16 TOWNLANDS). 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 16 TOWNLANDS?

16 TOWNLANDS is located in WILLAND, in the EX15 postcode district. The below map shows the position of No. 16 on TOWNLANDS.