20, PEARMAIN CLOSE, WILLAND, CULLOMPTON, EX15 2TD - £139,250

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.

20 PEARMAIN CLOSE is a very small terraced house of 52m², built sometime between 1991 and 1995, which could now be worth an estimated £252,353. It was last sold for £139,250 in April 2005, which was around 11% above the average April 2005 terraced price in the Mid Devon local authority area. The most recent EPC inspection was June 2019, where the current energy rating was D, and the potential energy rating was B.

20 PEARMAIN CLOSE Sold Prices

Land registry data shows four sales for 20 PEARMAIN CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the Mid Devon local authority area for the corresponding sale date. All of the four 20 PEARMAIN CLOSE sales 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
2005 15 APR	£139,250	£125,418	11% above HPI
2003 17 OCT	£119,000	£113,546	5% above HPI
1997 19 SEP	£53,000	£45,852	16% above HPI
1996 13 SEP	£46,950	£41,420	13% above HPI

20 PEARMAIN CLOSE 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 four 20 PEARMAIN CLOSE sales between September 1996 and April 2005 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 2003 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the April 2005 sale, where it rises to 11% above the HPI. The line then continues to track at 11% above the HPI.

What might 20 PEARMAIN CLOSE be worth now?

20 PEARMAIN CLOSE might now be worth an estimated £252,353.

This is based on house price inflation of 81.2%, between April 2005 and April 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 81.2% inflationary increase is applied to the most recent sale price for 20 PEARMAIN CLOSE of £139,250 on 15th April 2005. For the value to have increased from £139,250 to £252,353 over the 21 years to April 2026, the following assumptions must hold true:

• The value of 20 PEARMAIN CLOSE has moved in line with the HPI for terraced houses in the Mid Devon local authority area.
• The April 2005 sale price of £139,250 represented a fair market value for the property.
• The size, condition, and specification of 20 PEARMAIN CLOSE has not materially changed since April 2005.

How Large is 20 PEARMAIN CLOSE?

20 PEARMAIN CLOSE is 52m² according to the EPC inspection conducted in June 2019. This puts it in the smallest 10% 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 20 PEARMAIN CLOSE lies on this distribution: Less than 1% of terraced houses houses are smaller than 20 PEARMAIN CLOSE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Willand.

20 PEARMAIN CLOSE: Plot and Title Map

20 PEARMAIN CLOSE sits on a plot of roughly 0.039 of an acre, or 156m². The below map shows the location of 20 PEARMAIN CLOSE, 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 20 PEARMAIN CLOSE). 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 20 PEARMAIN CLOSE?

20 PEARMAIN CLOSE is located in WILLAND, in the EX15 postcode district. The below map shows the position of No. 20 on PEARMAIN CLOSE.