2, GABLES LEA, WILLAND, CULLOMPTON, EX15 2RY - £245,000

2 GABLES LEA is a midsized detached house of 104m², built sometime between 1996 and 2002. It was last sold for £245,000 in June 2011, which was around 9% below the average June 2011 detached price in the Mid Devon local authority area. The most recent EPC inspection was January 2009, where the current energy rating was C, and the potential energy rating was C.

2 GABLES LEA Sold Prices

Land registry data shows four sales for 2 GABLES LEA 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. Most of the four 2 GABLES LEA 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
2011 7 JUN	£245,000	£270,213	9% below HPI
2010 6 AUG	£225,000	£286,948	22% below HPI
2006 19 OCT	£233,000	£273,960	15% below HPI
1999 11 JUN	£110,000	£100,945	9% above HPI

2 GABLES LEA 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 2 GABLES LEA sales between June 1999 and June 2011 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 August 2010 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the June 2011 sale, where it rises to 9% below the HPI. The line then continues to track at 9% below the HPI.

How Large is 2 GABLES LEA?

2 GABLES LEA is 104m² according to the EPC inspection conducted in January 2009. This puts it in the smallest 50% of detached houses in Willand, based on EPC data. The below chart shows the distribution of detached houses by size in Willand, and where 2 GABLES LEA lies on this distribution: 47% of detached houses are smaller than 2 GABLES LEA, and 53% of houses are larger. Note that EPC data is not available for all properties in Willand.

2 GABLES LEA: Plot and Title Map

2 GABLES LEA sits on a plot of roughly 0.065 of an acre, or 261m². The below map shows the location of 2 GABLES LEA, 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 2 GABLES LEA). 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 2 GABLES LEA?

2 GABLES LEA is located in WILLAND, in the EX15 postcode district. The below map shows the position of No. 2 on GABLES LEA.