16, GABLES LEA, WILLAND, CULLOMPTON, EX15 2RY - £312,000

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.

16 GABLES LEA is a small detached house of 100m², built sometime between 1996 and 2002, which could now be worth an estimated £352,938. It was last sold for £312,000 in September 2020, which was around 16% below the average September 2020 detached price in the Mid Devon local authority area. The most recent EPC inspection was August 2015, where the current energy rating was D, and the potential energy rating was C.

16 GABLES LEA Sold Prices

Land registry data shows three sales for 16 GABLES LEA 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 16 GABLES LEA 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 4 SEP	£312,000	£372,797	16% below HPI
2015 30 SEP	£239,959	£318,379	25% below HPI
2001 21 FEB	£112,000	£136,835	18% below HPI

16 GABLES LEA 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 16 GABLES LEA sales between February 2001 and September 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 2015 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the September 2020 sale, where it rises to 16% below the HPI. The line then continues to track at 16% below the HPI.

What might 16 GABLES LEA be worth now?

16 GABLES LEA might now be worth an estimated £352,938.

This is based on house price inflation of 13.1%, between September 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 13.1% inflationary increase is applied to the most recent sale price for 16 GABLES LEA of £312,000 on 4th September 2020. For the value to have increased from £312,000 to £352,938 over the five years and seven months to February 2025, the following assumptions must hold true:

• The value of 16 GABLES LEA has moved in line with the HPI for detached houses in the Mid Devon local authority area.
• The September 2020 sale price of £312,000 represented a fair market value for the property.
• The size, condition, and specification of 16 GABLES LEA has not materially changed since September 2020.

How Large is 16 GABLES LEA?

16 GABLES LEA is 100m² according to the EPC inspection conducted in August 2015. 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 16 GABLES LEA lies on this distribution: 40% of detached houses houses are smaller than 16 GABLES LEA, and 59% of houses are larger. Note that EPC data is not available for all properties in Willand.

16 GABLES LEA: Plot and Title Map

16 GABLES LEA sits on a plot of roughly 0.074 of an acre, or 299m². The below map shows the location of 16 GABLES LEA, 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 16 GABLES LEA). 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 16 GABLES LEA?

16 GABLES LEA is located in WILLAND, in the EX15 postcode district. The below map shows the position of No. 16 on GABLES LEA.