5, PYNES CLOSE, CHERITON FITZPAINE, CREDITON, EX17 4HT - £570,000

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 PYNES CLOSE is a very large extended detached house of 194m², built sometime between 1983 and 1990, which could now be worth an estimated £667,216. It was last sold for £570,000 in June 2020, which was around 58% above the average June 2020 detached price in the Mid Devon local authority area. The most recent EPC inspection was July 2019, where the current energy rating was C, and the potential energy rating was C.

5 PYNES CLOSE Sold Prices

Land registry data shows two sales for 5 PYNES CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Mid Devon local authority area for the corresponding sale date. Both of the two 5 PYNES 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
2020 24 JUN	£570,000	£360,267	58% above HPI
2008 18 SEP	£385,000	£275,433	40% above HPI

5 PYNES 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 two 5 PYNES CLOSE sales from September 2008 and June 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 September 2008 sale was for 40% above the HPI. So the extrapolation line tracks at 40% above the HPI over time, until the June 2020 sale, where it rises to 58% above the HPI. The line then continues to track at 58% above the HPI.

What might 5 PYNES CLOSE be worth now?

5 PYNES CLOSE might now be worth an estimated £667,216.

This is based on house price inflation of 17.1%, between June 2020 and February 2025, 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 17.1% inflationary increase is applied to the most recent sale price for 5 PYNES CLOSE of £570,000 on 24th June 2020. For the value to have increased from £570,000 to £667,216 over the five years and four months to February 2025, the following assumptions must hold true:

• The value of 5 PYNES CLOSE has moved in line with the HPI for detached houses in the Mid Devon local authority area.
• The June 2020 sale price of £570,000 represented a fair market value for the property.
• The size, condition, and specification of 5 PYNES CLOSE has not materially changed since June 2020.

How Large is 5 PYNES CLOSE?

5 PYNES CLOSE is 194m², which includes two extensions, according to the EPC inspection conducted in July 2019. This puts it in the largest 10% of detached houses houses in Cheriton Fitzpaine, based on EPC data. The below chart shows the distribution of detached houses houses by size in Cheriton Fitzpaine, and where 5 PYNES CLOSE lies on this distribution: 90% of detached houses houses are smaller than 5 PYNES CLOSE, and 7% of houses are larger. Note that EPC data is not available for all properties in Cheriton Fitzpaine.

5 PYNES CLOSE: Plot and Title Map

5 PYNES CLOSE sits on a plot of roughly 0.284 of an acre, or 1,150m². The below map shows the location of 5 PYNES 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 5 PYNES 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 5 PYNES CLOSE?

5 PYNES CLOSE is located in CHERITON FITZPAINE, in the EX17 postcode district. The below map shows the position of No. 5 on PYNES CLOSE.