2, FRANCIS WAY, COLYFORD, COLYTON, EX24 6QN - £375,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

2 FRANCIS WAY is a very small extended detached house of 83m², built sometime between 1950 and 1966. It was last sold for £375,000 in July 2022, which was around 25% below the average July 2022 detached price in the East Devon local authority area. The most recent EPC inspection was January 2022, where the current energy rating was D, and the potential energy rating was C.

2 FRANCIS WAY Sold Prices

Land registry data shows four sales for 2 FRANCIS WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the East Devon local authority area for the corresponding sale date. All of the four 2 FRANCIS WAY 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 6 JUL	£375,000	£497,086	25% below HPI
2003 14 NOV	£100,000	£262,663	62% below HPI
2002 21 JUN	£185,000	£204,963	10% below HPI
1999 17 NOV	£98,500	£130,653	25% below HPI

2 FRANCIS WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the East Devon local authority area over time, sourced from the HPI. The four 2 FRANCIS WAY sales between November 1999 and July 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 November 2003 sale was for 62% below the HPI. So the extrapolation line tracks at 62% below the HPI over time, until the July 2022 sale, where it rises to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 2 FRANCIS WAY?

2 FRANCIS WAY is 83m², which includes one extension, according to the EPC inspection conducted in January 2022. This puts it in the smallest 10% of detached houses in Colyford, based on EPC data. The below chart shows the distribution of detached houses by size in Colyford, and where 2 FRANCIS WAY lies on this distribution: 8% of detached houses are smaller than 2 FRANCIS WAY, and 91% of houses are larger. Note that EPC data is not available for all properties in Colyford.

2 FRANCIS WAY: Plot and Title Map

2 FRANCIS WAY sits on a plot of roughly 0.094 of an acre, or 381m². The below map shows the location of 2 FRANCIS WAY, 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 FRANCIS WAY). 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 FRANCIS WAY?

2 FRANCIS WAY is located in COLYFORD, in the EX24 postcode district. The below map shows the position of No. 2 on FRANCIS WAY.