15, BEECH CLOSE, WILLAND, CULLOMPTON, EX15 2SD - £272,500

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

15 BEECH CLOSE is a small extended detached house of 98m², built sometime between 1983 and 1990, which could now be worth an estimated £308,992. It was last sold for £272,500 in November 2020, which was around 27% below the average November 2020 detached price in the Mid Devon local authority area. The most recent EPC inspection was June 2020, where the current energy rating was D, and the potential energy rating was C.

15 BEECH CLOSE Sold Prices

Land registry data shows two sales for 15 BEECH 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. Both of the two 15 BEECH 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
2020 20 NOV	£272,500	£371,908	27% below HPI
1995 29 SEP	£60,000	£83,478	28% below HPI

15 BEECH 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 15 BEECH CLOSE sales from September 1995 and November 2020 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 September 1995 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the November 2020 sale, where it rises to 27% below the HPI. The line then continues to track at 27% below the HPI.

What might 15 BEECH CLOSE be worth now?

15 BEECH CLOSE might now be worth an estimated £308,992.

This is based on house price inflation of 13.4%, between November 2020 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 13.4% inflationary increase is applied to the most recent sale price for 15 BEECH CLOSE of £272,500 on 20th November 2020. For the value to have increased from £272,500 to £308,992 over the five years and nine months to February 2025, the following assumptions must hold true:

• The value of 15 BEECH CLOSE has moved in line with the HPI for detached houses in the Mid Devon local authority area.
• The November 2020 sale price of £272,500 represented a fair market value for the property.
• The size, condition, and specification of 15 BEECH CLOSE has not materially changed since November 2020.

How Large is 15 BEECH CLOSE?

15 BEECH CLOSE is 98m², which includes one extension, according to the EPC inspection conducted in June 2020. This puts it in the smallest 40% of detached houses houses in Willand, based on EPC data. The below chart shows the distribution of detached houses houses by size in Willand, and where 15 BEECH CLOSE lies on this distribution: 38% of detached houses houses are smaller than 15 BEECH CLOSE, and 62% of houses are larger. Note that EPC data is not available for all properties in Willand.

15 BEECH CLOSE: Plot and Title Map

15 BEECH CLOSE sits on a plot of roughly 0.083 of an acre, or 336m². The below map shows the location of 15 BEECH 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 15 BEECH 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 15 BEECH CLOSE?

15 BEECH CLOSE is located in WILLAND, in the EX15 postcode district. The below map shows the position of No. 15 on BEECH CLOSE.