5, BUTTERCUP ROAD, WILLAND, CULLOMPTON, EX15 2TX - £256,000

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.

5 BUTTERCUP ROAD is a very small detached house of 80m², built sometime between 1996 and 2002, which could now be worth an estimated £310,234. It was last sold for £256,000 in March 2018, which was around 27% below the average March 2018 detached price in the Mid Devon local authority area. The most recent EPC inspection was April 2011, where the current energy rating was D, and the potential energy rating was C.

5 BUTTERCUP ROAD Sold Prices

Land registry data shows four sales for 5 BUTTERCUP ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Mid Devon local authority area for the corresponding sale date. All of the four 5 BUTTERCUP ROAD 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
2018 23 MAR	£256,000	£351,234	27% below HPI
2011 10 JUN	£198,000	£279,722	29% below HPI
2005 27 SEP	£185,000	£269,265	31% below HPI
2001 9 NOV	£113,733	£160,542	29% below HPI

5 BUTTERCUP ROAD 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 four 5 BUTTERCUP ROAD sales between November 2001 and March 2018 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 2011 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the March 2018 sale, where it rises to 27% below the HPI. The line then continues to track at 27% below the HPI.

What might 5 BUTTERCUP ROAD be worth now?

5 BUTTERCUP ROAD might now be worth an estimated £310,234.

This is based on house price inflation of 21.2%, between March 2018 and May 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 21.2% inflationary increase is applied to the most recent sale price for 5 BUTTERCUP ROAD of £256,000 on 23rd March 2018. For the value to have increased from £256,000 to £310,234 over the seven years and ten months to May 2026, the following assumptions must hold true:

• The value of 5 BUTTERCUP ROAD has moved in line with the HPI for detached houses in the Mid Devon local authority area.
• The March 2018 sale price of £256,000 represented a fair market value for the property.
• The size, condition, and specification of 5 BUTTERCUP ROAD has not materially changed since March 2018.

How Large is 5 BUTTERCUP ROAD?

5 BUTTERCUP ROAD is 80m² according to the EPC inspection conducted in April 2011. This puts it in the smallest 20% 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 5 BUTTERCUP ROAD lies on this distribution: 16% of detached houses houses are smaller than 5 BUTTERCUP ROAD, and 83% of houses are larger. Note that EPC data is not available for all properties in Willand.

5 BUTTERCUP ROAD: Plot and Title Map

5 BUTTERCUP ROAD sits on a plot of roughly 0.046 of an acre, or 185m². The below map shows the location of 5 BUTTERCUP ROAD, 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 5 BUTTERCUP ROAD). 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 5 BUTTERCUP ROAD?

5 BUTTERCUP ROAD is located in WILLAND, in the EX15 postcode district. The below map shows the position of No. 5 on BUTTERCUP ROAD.