3, MYRTLE CLOSE, WILLAND, CULLOMPTON, EX15 2SU - £410,000

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.

3 MYRTLE CLOSE is a very large detached house of 164m², built sometime between 2003 and 2006, which could now be worth an estimated £496,308. It was last sold for £410,000 in August 2019, which was around 15% above the average August 2019 detached price in the Mid Devon local authority area. The most recent EPC inspection was May 2019, where the current energy rating was C, and the potential energy rating was B.

3 MYRTLE CLOSE Sold Prices

Land registry data shows three sales for 3 MYRTLE CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Mid Devon local authority area for the corresponding sale date. All of the three 3 MYRTLE 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
2019 30 AUG	£410,000	£357,241	15% above HPI
2012 31 AUG	£305,000	£276,263	10% above HPI
2009 27 FEB	£270,000	£256,632	5% above HPI

3 MYRTLE CLOSE 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 three 3 MYRTLE CLOSE sales between February 2009 and August 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 2012 sale was for 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the August 2019 sale, where it rises to 15% above the HPI. The line then continues to track at 15% above the HPI.

What might 3 MYRTLE CLOSE be worth now?

3 MYRTLE CLOSE might now be worth an estimated £496,308.

This is based on house price inflation of 21.1%, between August 2019 and April 2026, 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 21.1% inflationary increase is applied to the most recent sale price for 3 MYRTLE CLOSE of £410,000 on 30th August 2019. For the value to have increased from £410,000 to £496,308 over the seven years and four months to April 2026, the following assumptions must hold true:

• The value of 3 MYRTLE CLOSE has moved in line with the HPI for detached houses in the Mid Devon local authority area.
• The August 2019 sale price of £410,000 represented a fair market value for the property.
• The size, condition, and specification of 3 MYRTLE CLOSE has not materially changed since August 2019.

How Large is 3 MYRTLE CLOSE?

3 MYRTLE CLOSE is 164m² according to the EPC inspection conducted in May 2019. This puts it in the largest 10% of detached houses houses in Willand, based on EPC data. The below chart shows the distribution of detached houses houses by size in Willand, and where 3 MYRTLE CLOSE lies on this distribution: 93% of detached houses houses are smaller than 3 MYRTLE CLOSE, and 7% of houses are larger. Note that EPC data is not available for all properties in Willand.

3 MYRTLE CLOSE: Plot and Title Map

3 MYRTLE CLOSE sits on a plot of roughly 0.107 of an acre, or 435m². The below map shows the location of 3 MYRTLE 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 3 MYRTLE 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 3 MYRTLE CLOSE?

3 MYRTLE CLOSE is located in WILLAND, in the EX15 postcode district. The below map shows the position of No. 3 on MYRTLE CLOSE.