2, LOGAN WAY, HEMYOCK, CULLOMPTON, EX15 3RD - £357,000

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 LOGAN WAY is a large extended detached house of 134m², built sometime between 1996 and 2002. It was last sold for £357,000 in September 2020, which was around 1% below the average September 2020 detached price in the Mid Devon local authority area. The most recent EPC inspection was August 2016, where the current energy rating was E, and the potential energy rating was C.

2 LOGAN WAY Sold Prices

Land registry data shows two sales for 2 LOGAN WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Mid Devon local authority area for the corresponding sale date. One of the two 2 LOGAN WAY sales was for below the average price, whilst the other was for above 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	£357,000	£360,124	1% below HPI
2000 5 APR	£143,950	£117,332	23% above HPI

2 LOGAN WAY 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 two 2 LOGAN WAY sales from April 2000 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 April 2000 sale was for 23% above the HPI. So the extrapolation line tracks at 23% above the HPI over time, until the September 2020 sale, where it falls to 1% below the HPI. The line then continues to track at 1% below the HPI.

How Large is 2 LOGAN WAY?

2 LOGAN WAY is 134m², which includes one extension, according to the EPC inspection conducted in August 2016. This puts it in the largest 30% of detached houses in Hemyock, based on EPC data. The below chart shows the distribution of detached houses by size in Hemyock, and where 2 LOGAN WAY lies on this distribution: 71% of detached houses are smaller than 2 LOGAN WAY, and 26% of houses are larger. Note that EPC data is not available for all properties in Hemyock.

2 LOGAN WAY: Plot and Title Map

2 LOGAN WAY sits on a plot of roughly 0.071 of an acre, or 287m². The below map shows the location of 2 LOGAN 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 LOGAN 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 LOGAN WAY?

2 LOGAN WAY is located in HEMYOCK, in the EX15 postcode district. The below map shows the position of No. 2 on LOGAN WAY.