16, PEARMAIN CLOSE, WILLAND, CULLOMPTON, EX15 2TD - £68,950

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 PEARMAIN CLOSE is a very small semi-detached house of 52m², built sometime between 1996 and 2002, which could now be worth an estimated £206,890. It was last sold for £68,950 in June 2001, which was around 26% below the average June 2001 semi-detached price in the Mid Devon local authority area. The most recent EPC inspection was March 2009, where the current energy rating was C, and the potential energy rating was C.

16 PEARMAIN CLOSE Sold Prices

Land registry data shows three sales for 16 PEARMAIN CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Mid Devon local authority area for the corresponding sale date. All of the three 16 PEARMAIN 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
2001 25 JUN	£68,950	£92,877	26% below HPI
1998 7 AUG	£49,500	£63,191	22% below HPI
1996 31 MAY	£43,950	£54,434	19% below HPI

16 PEARMAIN CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Mid Devon local authority area over time, sourced from the HPI. The three 16 PEARMAIN CLOSE sales between May 1996 and June 2001 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 August 1998 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the June 2001 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.

What might 16 PEARMAIN CLOSE be worth now?

16 PEARMAIN CLOSE might now be worth an estimated £206,890.

This is based on house price inflation of 200.1%, between June 2001 and February 2025, for semi-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 200.1% inflationary increase is applied to the most recent sale price for 16 PEARMAIN CLOSE of £68,950 on 25th June 2001. For the value to have increased from £68,950 to £206,890 over the 24 years and four months to February 2025, the following assumptions must hold true:

• The value of 16 PEARMAIN CLOSE has moved in line with the HPI for semi-detached houses in the Mid Devon local authority area.
• The June 2001 sale price of £68,950 represented a fair market value for the property.
• The size, condition, and specification of 16 PEARMAIN CLOSE has not materially changed since June 2001.

How Large is 16 PEARMAIN CLOSE?

16 PEARMAIN CLOSE is 52m² according to the EPC inspection conducted in March 2009. This puts it in the smallest 10% of semi-detached houses houses in Willand, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Willand, and where 16 PEARMAIN CLOSE lies on this distribution: Less than 1% of semi-detached houses houses are smaller than 16 PEARMAIN CLOSE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Willand.

16 PEARMAIN CLOSE: Plot and Title Map

16 PEARMAIN CLOSE sits on a plot of roughly 0.060 of an acre, or 243m². The below map shows the location of 16 PEARMAIN 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 16 PEARMAIN 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 16 PEARMAIN CLOSE?

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