4, MULBERRY CLOSE, WILLAND, CULLOMPTON, EX15 2PA - £160,000

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.

4 MULBERRY CLOSE is a very small semi-detached house of 62m², built sometime between 1983 and 1990, which could now be worth an estimated £233,177. It was last sold for £160,000 in May 2015, which was around 19% below the average May 2015 semi-detached price in the Mid Devon local authority area. The most recent EPC inspection was February 2015, where the current energy rating was D, and the potential energy rating was C.

4 MULBERRY CLOSE Sold Prices

Land registry data shows five sales for 4 MULBERRY CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average semi-detached price in the Mid Devon local authority area for the corresponding sale date. All of the five 4 MULBERRY CLOSE sales were for below 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
2015 15 MAY	£160,000	£197,176	19% below HPI
2003 15 AUG	£114,950	£140,782	18% below HPI
2001 16 JUN	£66,000	£92,877	29% below HPI
2001 15 JUN	£66,000	£92,877	29% below HPI
1995 29 SEP	£44,500	£52,782	16% below HPI

4 MULBERRY CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Mid Devon local authority area over time, sourced from the HPI. The five 4 MULBERRY CLOSE sales between September 1995 and May 2015 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 2003 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the May 2015 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

What might 4 MULBERRY CLOSE be worth now?

4 MULBERRY CLOSE might now be worth an estimated £233,177.

This is based on house price inflation of 45.7%, between May 2015 and March 2025, for semi-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 45.7% inflationary increase is applied to the most recent sale price for 4 MULBERRY CLOSE of £160,000 on 15th May 2015. For the value to have increased from £160,000 to £233,177 over the ten years and two months to March 2025, the following assumptions must hold true:

• The value of 4 MULBERRY CLOSE has moved in line with the HPI for semi-detached houses in the Mid Devon local authority area.
• The May 2015 sale price of £160,000 represented a fair market value for the property.
• The size, condition, and specification of 4 MULBERRY CLOSE has not materially changed since May 2015.

How Large is 4 MULBERRY CLOSE?

4 MULBERRY CLOSE is 62m² according to the EPC inspection conducted in February 2015. This puts it in the smallest 10% of semi-detached houses houses in Willand, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Willand, and where 4 MULBERRY CLOSE lies on this distribution: 5% of semi-detached houses houses are smaller than 4 MULBERRY CLOSE, and 95% of houses are larger. Note that EPC data is not available for all properties in Willand.

4 MULBERRY CLOSE: Plot and Title Map

4 MULBERRY CLOSE sits on a plot of roughly 0.048 of an acre, or 195m². The below map shows the location of 4 MULBERRY 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 4 MULBERRY 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 4 MULBERRY CLOSE?

4 MULBERRY CLOSE is located in WILLAND, in the EX15 postcode district. The below map shows the position of No. 4 on MULBERRY CLOSE.