2, LUPIN WAY, WILLAND, CULLOMPTON, EX15 2SB - £196,000

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 LUPIN WAY is a very small semi-detached house of 77m², built sometime between 1996 and 2002. It was last sold for £196,000 in September 2009, which was around 25% below the average September 2009 detached price in the Mid Devon local authority area. The most recent EPC inspection was April 2009, where the current energy rating was C, and the potential energy rating was C.

2 LUPIN WAY Sold Prices

Land registry data shows two sales for 2 LUPIN 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. Both of the two 2 LUPIN 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
2009 1 SEP	£196,000	£261,495	25% below HPI
2002 1 NOV	£155,000	£198,127	22% below HPI

2 LUPIN 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 LUPIN WAY sales from November 2002 and September 2009 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 2002 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the September 2009 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 2 LUPIN WAY?

2 LUPIN WAY is 77m² according to the EPC inspection conducted in April 2009. This puts it in the smallest 20% 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 LUPIN WAY lies on this distribution: 14% of detached houses are smaller than 2 LUPIN WAY, and 86% of houses are larger. Note that EPC data is not available for all properties in Willand.

2 LUPIN WAY: Plot and Title Map

2 LUPIN WAY sits on a plot of roughly 0.041 of an acre, or 168m². The below map shows the location of 2 LUPIN 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 LUPIN 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 LUPIN WAY?

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