BUTTS CLOSE, CULMSTOCK ROAD, HEMYOCK, CULLOMPTON, EX15 3RJ - £390,000

BUTTS CLOSE is a midsized detached house of 105m², built sometime between 1950 and 1966. It was last sold for £390,000 in January 2021, which was around 6% above the average January 2021 detached price in the Mid Devon local authority area. The most recent EPC inspection was April 2016, where the current energy rating was F, and the potential energy rating was C.

BUTTS CLOSE Sold Prices

Land registry data shows two sales for BUTTS 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. One of the two BUTTS CLOSE sales was for above the average price, whilst the other was 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
2021 15 JAN	£390,000	£369,132	6% above HPI
2016 31 MAR	£300,000	£299,534	Close to HPI

BUTTS 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 BUTTS CLOSE sales from March 2016 and January 2021 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 March 2016 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the January 2021 sale, where it rises to 6% above the HPI. The line then continues to track at 6% above the HPI.

How Large is BUTTS CLOSE?

BUTTS CLOSE is 105m² according to the EPC inspection conducted in April 2016. This puts it in the largest 50% of detached houses in Hemyock, based on EPC data. The below chart shows the distribution of detached houses by size in Hemyock, and where BUTTS CLOSE lies on this distribution: 51% of detached houses are smaller than BUTTS CLOSE, and 46% of houses are larger. Note that EPC data is not available for all properties in Hemyock.

BUTTS CLOSE: Plot and Title Map

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

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