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

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

16 GABLES LEA is a small detached house of 100m², built sometime between 1996 and 2002. It was last sold for £312,000 in September 2020, which was around 13% 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	£360,124	13% below HPI
2015 30 SEP	£239,959	£307,556	22% below HPI
2001 21 FEB	£112,000	£132,183	15% 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 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the September 2020 sale, where it rises to 13% below the HPI. The line then continues to track at 13% below the HPI.

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 in Willand, based on EPC data. The below chart shows the distribution of detached houses by size in Willand, and where 16 GABLES LEA lies on this distribution: 39% of detached houses are smaller than 16 GABLES LEA, and 60% 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.