7, PEARMAIN CLOSE, WILLAND, CULLOMPTON, EX15 2TD - £175,000

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.

7 PEARMAIN CLOSE is a very small extended terraced house of 52m², built sometime between 1996 and 2002, which could now be worth an estimated £234,480. It was last sold for £175,000 in December 2016, which was around 3% above the average December 2016 terraced price in the Mid Devon local authority area. The most recent EPC inspection was September 2016, where the current energy rating was D, and the potential energy rating was B.

7 PEARMAIN CLOSE Sold Prices

Land registry data shows four sales for 7 PEARMAIN CLOSE 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. The four 7 PEARMAIN CLOSE sales were a mix of above the average price, and roughly equal to 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
2016 22 DEC	£175,000	£169,631	3% above HPI
2000 30 JUN	£62,500	£62,422	Close to HPI
1997 1 SEP	£47,250	£45,852	3% above HPI
1996 28 JUN	£43,950	£42,510	3% above HPI

7 PEARMAIN CLOSE 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 7 PEARMAIN CLOSE sales between June 1996 and December 2016 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 2000 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the December 2016 sale, where it rises to 3% above the HPI. The line then continues to track at 3% above the HPI.

What might 7 PEARMAIN CLOSE be worth now?

7 PEARMAIN CLOSE might now be worth an estimated £234,480.

This is based on house price inflation of 34%, between December 2016 and April 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 34% inflationary increase is applied to the most recent sale price for 7 PEARMAIN CLOSE of £175,000 on 22nd December 2016. For the value to have increased from £175,000 to £234,480 over the ten years and eight months to April 2026, the following assumptions must hold true:

• The value of 7 PEARMAIN CLOSE has moved in line with the HPI for terraced houses in the Mid Devon local authority area.
• The December 2016 sale price of £175,000 represented a fair market value for the property.
• The size, condition, and specification of 7 PEARMAIN CLOSE has not materially changed since December 2016.

How Large is 7 PEARMAIN CLOSE?

7 PEARMAIN CLOSE is 52m², which includes one extension, according to the EPC inspection conducted in September 2016. 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 7 PEARMAIN CLOSE lies on this distribution: Less than 1% of terraced houses houses are smaller than 7 PEARMAIN CLOSE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Willand.

7 PEARMAIN CLOSE: Plot and Title Map

7 PEARMAIN CLOSE sits on a plot of roughly 0.047 of an acre, or 190m². The below map shows the location of 7 PEARMAIN 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 7 PEARMAIN 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 7 PEARMAIN CLOSE?

7 PEARMAIN CLOSE is located in WILLAND, in the EX15 postcode district. The below map shows the position of No. 7 on PEARMAIN CLOSE.