41, TOWNLANDS, WILLAND, CULLOMPTON, EX15 2RS - £165,000

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.

41 TOWNLANDS is a very small terraced house of 67m², built sometime between 1967 and 1975, which could now be worth an estimated £191,900. It was last sold for £165,000 in September 2020, which was around 13% below the average September 2020 terraced price in the Mid Devon local authority area. The most recent EPC inspection was April 2013, where the current energy rating was D, and the potential energy rating was B.

41 TOWNLANDS Sold Prices

Land registry data shows four sales for 41 TOWNLANDS 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. Most of the four 41 TOWNLANDS 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
2020 14 SEP	£165,000	£190,400	13% below HPI
2013 7 JUN	£154,500	£152,330	1% above HPI
2006 20 JAN	£141,250	£137,391	3% above HPI
2001 12 OCT	£81,500	£75,642	8% above HPI

41 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 four 41 TOWNLANDS sales between October 2001 and September 2020 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 June 2013 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the September 2020 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.

What might 41 TOWNLANDS be worth now?

41 TOWNLANDS might now be worth an estimated £191,900.

This is based on house price inflation of 16.3%, between September 2020 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 16.3% inflationary increase is applied to the most recent sale price for 41 TOWNLANDS of £165,000 on 14th September 2020. For the value to have increased from £165,000 to £191,900 over the six years and four months to May 2026, the following assumptions must hold true:

• The value of 41 TOWNLANDS has moved in line with the HPI for terraced houses in the Mid Devon local authority area.
• The September 2020 sale price of £165,000 represented a fair market value for the property.
• The size, condition, and specification of 41 TOWNLANDS has not materially changed since September 2020.

How Large is 41 TOWNLANDS?

41 TOWNLANDS is 67m² according to the EPC inspection conducted in April 2013. 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 41 TOWNLANDS lies on this distribution: 7% of terraced houses houses are smaller than 41 TOWNLANDS, and 93% of houses are larger. Note that EPC data is not available for all properties in Willand.

41 TOWNLANDS: Plot and Title Map

41 TOWNLANDS sits on a plot of roughly 0.045 of an acre, or 183m². The below map shows the location of 41 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 41 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 41 TOWNLANDS?

41 TOWNLANDS is located in WILLAND, in the EX15 postcode district. The below map shows the position of No. 41 on TOWNLANDS.