18, FOUR WAYS DRIVE, CHULMLEIGH, EX18 7AZ - £249,950

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

18 FOUR WAYS DRIVE is a midsized extended detached house of 113m², built sometime between 1991 and 1995, which could now be worth an estimated £362,628. It was last sold for £249,950 in July 2007, which was around 16% below the average July 2007 detached price in the North Devon local authority area. The most recent EPC inspection was March 2014, where the current energy rating was D, and the potential energy rating was B.

18 FOUR WAYS DRIVE Sold Prices

Land registry data shows three sales for 18 FOUR WAYS DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the North Devon local authority area for the corresponding sale date. All of the three 18 FOUR WAYS DRIVE 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
2007 16 JUL	£249,950	£296,932	16% below HPI
2005 27 JAN	£245,000	£274,406	11% below HPI
2004 19 JAN	£220,000	£238,049	8% below HPI

18 FOUR WAYS DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the North Devon local authority area over time, sourced from the HPI. The three 18 FOUR WAYS DRIVE sales between January 2004 and July 2007 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 January 2005 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the July 2007 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.

What might 18 FOUR WAYS DRIVE be worth now?

18 FOUR WAYS DRIVE might now be worth an estimated £362,628.

This is based on house price inflation of 45.1%, between July 2007 and December 2024, for detached houses, in the North Devon local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 45.1% inflationary increase is applied to the most recent sale price for 18 FOUR WAYS DRIVE of £249,950 on 16th July 2007. For the value to have increased from £249,950 to £362,628 over the sixteen years and seven months to December 2024, the following assumptions must hold true:

• The value of 18 FOUR WAYS DRIVE has moved in line with the HPI for detached houses in the North Devon local authority area.
• The July 2007 sale price of £249,950 represented a fair market value for the property.
• The size, condition, and specification of 18 FOUR WAYS DRIVE has not materially changed since July 2007.

How Large is 18 FOUR WAYS DRIVE?

18 FOUR WAYS DRIVE is 113m², which includes one extension, according to the EPC inspection conducted in March 2014. This puts it in the largest 50% of detached houses houses in Chulmleigh, based on EPC data. The below chart shows the distribution of detached houses houses by size in Chulmleigh, and where 18 FOUR WAYS DRIVE lies on this distribution: 51% of detached houses houses are smaller than 18 FOUR WAYS DRIVE, and 48% of houses are larger. Note that EPC data is not available for all properties in Chulmleigh.

18 FOUR WAYS DRIVE: Plot and Title Map

18 FOUR WAYS DRIVE sits on a plot of roughly 0.180 of an acre, or 729m². The below map shows the location of 18 FOUR WAYS DRIVE, 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 18 FOUR WAYS DRIVE). 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 18 FOUR WAYS DRIVE?

18 FOUR WAYS DRIVE is located in CHULMLEIGH, in the EX18 postcode district. The below map shows the position of No. 18 on FOUR WAYS DRIVE.