1, SUMMER CLOSE, HEMYOCK, CULLOMPTON, EX15 3PA - £262,000

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.

1 SUMMER CLOSE is a midsized extended detached house of 105m², built sometime between 1996 and 2002, which could now be worth an estimated £393,915. It was last sold for £262,000 in April 2010, which was around 7% below the average April 2010 detached price in the Mid Devon local authority area. The most recent EPC inspection was January 2014, where the current energy rating was E, and the potential energy rating was C.

1 SUMMER CLOSE Sold Prices

Land registry data shows four sales for 1 SUMMER CLOSE 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 1 SUMMER CLOSE 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
2010 30 APR	£262,000	£280,488	7% below HPI
2006 17 AUG	£235,000	£270,358	13% below HPI
2003 8 AUG	£225,000	£221,083	2% above HPI
1999 12 FEB	£93,950	£105,689	11% below HPI

1 SUMMER 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 four 1 SUMMER CLOSE sales between February 1999 and April 2010 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 2006 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the April 2010 sale, where it rises to 7% below the HPI. The line then continues to track at 7% below the HPI.

What might 1 SUMMER CLOSE be worth now?

1 SUMMER CLOSE might now be worth an estimated £393,915.

This is based on house price inflation of 50.3%, between April 2010 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 50.3% inflationary increase is applied to the most recent sale price for 1 SUMMER CLOSE of £262,000 on 30th April 2010. For the value to have increased from £262,000 to £393,915 over the fifteen years and two months to February 2025, the following assumptions must hold true:

• The value of 1 SUMMER CLOSE has moved in line with the HPI for detached houses in the Mid Devon local authority area.
• The April 2010 sale price of £262,000 represented a fair market value for the property.
• The size, condition, and specification of 1 SUMMER CLOSE has not materially changed since April 2010.

How Large is 1 SUMMER CLOSE?

1 SUMMER CLOSE is 105m², which includes one extension, according to the EPC inspection conducted in January 2014. This puts it in the largest 50% of detached houses houses in Hemyock, based on EPC data. The below chart shows the distribution of detached houses houses by size in Hemyock, and where 1 SUMMER CLOSE lies on this distribution: 51% of detached houses houses are smaller than 1 SUMMER CLOSE, and 46% of houses are larger. Note that EPC data is not available for all properties in Hemyock.

1 SUMMER CLOSE: Plot and Title Map

1 SUMMER CLOSE sits on a plot of roughly 0.068 of an acre, or 276m². The below map shows the location of 1 SUMMER 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 1 SUMMER 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 1 SUMMER CLOSE?

1 SUMMER CLOSE is located in HEMYOCK, in the EX15 postcode district. The below map shows the position of No. 1 on SUMMER CLOSE.