11, LOGAN WAY, HEMYOCK, CULLOMPTON, EX15 3RD - £260,000

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.

11 LOGAN WAY is a small detached house of 84m², built sometime between 1996 and 2002, which could now be worth an estimated £283,522. It was last sold for £260,000 in March 2021, which was around 33% below the average March 2021 detached price in the Mid Devon local authority area. The most recent EPC inspection was January 2020, where the current energy rating was E, and the potential energy rating was D.

11 LOGAN WAY Sold Prices

Land registry data shows three sales for 11 LOGAN WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Mid Devon local authority area for the corresponding sale date. All of the three 11 LOGAN WAY 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
2021 31 MAR	£260,000	£386,725	33% below HPI
2007 25 JUN	£220,000	£285,122	23% below HPI
2000 24 JAN	£90,950	£116,333	22% below HPI

11 LOGAN WAY 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 three 11 LOGAN WAY sales between January 2000 and March 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 June 2007 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the March 2021 sale, where it falls to 33% below the HPI. The line then continues to track at 33% below the HPI.

What might 11 LOGAN WAY be worth now?

11 LOGAN WAY might now be worth an estimated £283,522.

This is based on house price inflation of 9%, between March 2021 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 9% inflationary increase is applied to the most recent sale price for 11 LOGAN WAY of £260,000 on 31st March 2021. For the value to have increased from £260,000 to £283,522 over the four years and one month to February 2025, the following assumptions must hold true:

• The value of 11 LOGAN WAY has moved in line with the HPI for detached houses in the Mid Devon local authority area.
• The March 2021 sale price of £260,000 represented a fair market value for the property.
• The size, condition, and specification of 11 LOGAN WAY has not materially changed since March 2021.

How Large is 11 LOGAN WAY?

11 LOGAN WAY is 84m² according to the EPC inspection conducted in January 2020. This puts it in the smallest 30% 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 11 LOGAN WAY lies on this distribution: 28% of detached houses houses are smaller than 11 LOGAN WAY, and 71% of houses are larger. Note that EPC data is not available for all properties in Hemyock.

11 LOGAN WAY: Plot and Title Map

11 LOGAN WAY sits on a plot of roughly 0.041 of an acre, or 166m². The below map shows the location of 11 LOGAN WAY, 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 11 LOGAN WAY). 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 11 LOGAN WAY?

11 LOGAN WAY is located in HEMYOCK, in the EX15 postcode district. The below map shows the position of No. 11 on LOGAN WAY.