2, BEECH CLOSE, WILLAND, CULLOMPTON, EX15 2SD - £330,000

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

2 BEECH CLOSE is a small detached house of 85m², built sometime between 1991 and 1995. It was last sold for £330,000 in February 2022, which was around 21% below the average February 2022 detached price in the Mid Devon local authority area. The most recent EPC inspection was October 2021, where the current energy rating was D, and the potential energy rating was B.

2 BEECH CLOSE Sold Prices

Land registry data shows four sales for 2 BEECH CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Mid Devon local authority area for the corresponding sale date. All of the four 2 BEECH 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
2022 18 FEB	£330,000	£419,658	21% below HPI
2013 11 JUL	£195,500	£276,088	29% below HPI
2005 2 DEC	£160,000	£254,516	37% below HPI
2003 6 JUN	£152,500	£201,384	24% below HPI

2 BEECH CLOSE 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 four 2 BEECH CLOSE sales between June 2003 and February 2022 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 July 2013 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the February 2022 sale, where it rises to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is 2 BEECH CLOSE?

2 BEECH CLOSE is 85m² according to the EPC inspection conducted in October 2021. This puts it in the smallest 30% of detached houses in Willand, based on EPC data. The below chart shows the distribution of detached houses by size in Willand, and where 2 BEECH CLOSE lies on this distribution: 23% of detached houses are smaller than 2 BEECH CLOSE, and 77% of houses are larger. Note that EPC data is not available for all properties in Willand.

2 BEECH CLOSE: Plot and Title Map

2 BEECH CLOSE sits on a plot of roughly 0.056 of an acre, or 226m². The below map shows the location of 2 BEECH 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 2 BEECH 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 2 BEECH CLOSE?

2 BEECH CLOSE is located in WILLAND, in the EX15 postcode district. The below map shows the position of No. 2 on BEECH CLOSE.