12, FOUR WAYS DRIVE, CHULMLEIGH, EX18 7AZ - £320,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

12 FOUR WAYS DRIVE is a very small detached house of 77m², built sometime between 1976 and 1982. It was last sold for £320,000 in April 2022, which was around 24% below the average April 2022 detached price in the North Devon local authority area. The most recent EPC inspection was December 2021, where the current energy rating was D, and the potential energy rating was B.

12 FOUR WAYS DRIVE Sold Prices

Land registry data shows two sales for 12 FOUR WAYS DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the North Devon local authority area for the corresponding sale date. Both of the two 12 FOUR WAYS DRIVE 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
2022 1 APR	£320,000	£422,505	24% below HPI
1996 4 APR	£62,500	£73,449	15% below HPI

12 FOUR WAYS DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the North Devon local authority area over time, sourced from the HPI. The two 12 FOUR WAYS DRIVE sales from April 1996 and April 2022 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 April 1996 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the April 2022 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is 12 FOUR WAYS DRIVE?

12 FOUR WAYS DRIVE is 77m² according to the EPC inspection conducted in December 2021. This puts it in the smallest 20% of detached houses in Chulmleigh, based on EPC data. The below chart shows the distribution of detached houses by size in Chulmleigh, and where 12 FOUR WAYS DRIVE lies on this distribution: 14% of detached houses are smaller than 12 FOUR WAYS DRIVE, and 84% of houses are larger. Note that EPC data is not available for all properties in Chulmleigh.

12 FOUR WAYS DRIVE: Plot and Title Map

12 FOUR WAYS DRIVE sits on a plot of roughly 0.185 of an acre, or 748m². The below map shows the location of 12 FOUR WAYS DRIVE, 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 12 FOUR WAYS DRIVE). 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 12 FOUR WAYS DRIVE?

12 FOUR WAYS DRIVE is located in CHULMLEIGH, in the EX18 postcode district. The below map shows the position of No. 12 on FOUR WAYS DRIVE.