BEAN CLOSE, CULMSTOCK ROAD, HEMYOCK, CULLOMPTON, EX15 3RJ - £680,000

BEAN CLOSE is a very large extended detached house of 387m², built sometime between 1950 and 1966. It was last sold for £680,000 in November 2008, which was around 154% above the average November 2008 detached price in the Mid Devon local authority area. The most recent EPC inspection was April 2018, where the current energy rating was E, and the potential energy rating was D.

BEAN CLOSE Sold Prices

Land registry data shows two sales for BEAN 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 BEAN 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
2008 14 NOV	£680,000	£268,172	154% above HPI
2001 7 NOV	£292,000	£155,085	88% above HPI

BEAN 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 BEAN CLOSE sales from November 2001 and November 2008 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 November 2001 sale was for 88% above the HPI. So the extrapolation line tracks at 88% above the HPI over time, until the November 2008 sale, where it rises to 154% above the HPI. The line then continues to track at 154% above the HPI.

How Large is BEAN CLOSE?

BEAN CLOSE is 387m², which includes four extensions, according to the EPC inspection conducted in April 2018. This puts it in the largest 10% of detached houses in Hemyock, based on EPC data. The below chart shows the distribution of detached houses by size in Hemyock, and where BEAN CLOSE lies on this distribution: More than 99% of detached houses are smaller than BEAN CLOSE, and less than 1% of houses are larger. Note that EPC data is not available for all properties in Hemyock.

BEAN CLOSE: Plot and Title Map

BEAN CLOSE sits on a plot of roughly 0.198 of an acre, or 801m². The below map shows the location of BEAN 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 BEAN 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 BEAN CLOSE?

BEAN CLOSE is located on CULMSTOCK ROAD in HEMYOCK, in the EX15 postcode district. The below map shows the position of BEAN CLOSE on CULMSTOCK ROAD.