15, GREENWOOD, WILLAND, CULLOMPTON, EX15 2SY - £247,000

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.

15 GREENWOOD is a very small detached house of 77m², built sometime between 2003 and 2006, which could now be worth an estimated £297,604. It was last sold for £247,000 in September 2017, which was around 29% below the average September 2017 detached price in the Mid Devon local authority area. The most recent EPC inspection was March 2017, where the current energy rating was C, and the potential energy rating was B.

15 GREENWOOD Sold Prices

Land registry data shows two sales for 15 GREENWOOD 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 GREENWOOD 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
2017 11 SEP	£247,000	£350,005	29% below HPI
2004 27 FEB	£167,890	£234,271	28% below HPI

15 GREENWOOD 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 GREENWOOD sales from February 2004 and September 2017 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 February 2004 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the September 2017 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.

What might 15 GREENWOOD be worth now?

15 GREENWOOD might now be worth an estimated £297,604.

This is based on house price inflation of 20.5%, between September 2017 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 20.5% inflationary increase is applied to the most recent sale price for 15 GREENWOOD of £247,000 on 11th September 2017. For the value to have increased from £247,000 to £297,604 over the eight years and seven months to February 2025, the following assumptions must hold true:

• The value of 15 GREENWOOD has moved in line with the HPI for detached houses in the Mid Devon local authority area.
• The September 2017 sale price of £247,000 represented a fair market value for the property.
• The size, condition, and specification of 15 GREENWOOD has not materially changed since September 2017.

How Large is 15 GREENWOOD?

15 GREENWOOD is 77m² according to the EPC inspection conducted in March 2017. This puts it in the smallest 20% 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 GREENWOOD lies on this distribution: 13% of detached houses houses are smaller than 15 GREENWOOD, and 86% of houses are larger. Note that EPC data is not available for all properties in Willand.

15 GREENWOOD: Plot and Title Map

15 GREENWOOD sits on a plot of roughly 0.059 of an acre, or 239m². The below map shows the location of 15 GREENWOOD, 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 GREENWOOD). 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 GREENWOOD?

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