2, MALLOW COURT, WILLAND, CULLOMPTON, EX15 2TL - £215,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

2 MALLOW COURT is a very small detached house of 67m², built sometime between 1996 and 2002, which could now be worth an estimated £260,222. It was last sold for £215,000 in May 2018, which was around 38% below the average May 2018 detached price in the Mid Devon local authority area. The most recent EPC inspection was May 2017, where the current energy rating was D, and the potential energy rating was B.

2 MALLOW COURT Sold Prices

Land registry data shows three sales for 2 MALLOW COURT since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Mid Devon local authority area for the corresponding sale date. All of the three 2 MALLOW COURT 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
2018 31 MAY	£215,000	£348,426	38% below HPI
2007 10 JAN	£165,000	£288,199	43% below HPI
2001 12 APR	£84,000	£146,175	43% below HPI

2 MALLOW COURT 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 three 2 MALLOW COURT sales between April 2001 and May 2018 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 2007 sale was for 43% below the HPI. So the extrapolation line tracks at 43% below the HPI over time, until the May 2018 sale, where it rises to 38% below the HPI. The line then continues to track at 38% below the HPI.

What might 2 MALLOW COURT be worth now?

2 MALLOW COURT might now be worth an estimated £260,222.

This is based on house price inflation of 21%, between May 2018 and February 2025, for detached houses, in the Mid Devon local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 21% inflationary increase is applied to the most recent sale price for 2 MALLOW COURT of £215,000 on 31st May 2018. For the value to have increased from £215,000 to £260,222 over the seven years and three months to February 2025, the following assumptions must hold true:

• The value of 2 MALLOW COURT has moved in line with the HPI for detached houses in the Mid Devon local authority area.
• The May 2018 sale price of £215,000 represented a fair market value for the property.
• The size, condition, and specification of 2 MALLOW COURT has not materially changed since May 2018.

How Large is 2 MALLOW COURT?

2 MALLOW COURT is 67m² according to the EPC inspection conducted in May 2017. This puts it in the smallest 10% of detached houses houses in Willand, based on EPC data. The below chart shows the distribution of detached houses houses by size in Willand, and where 2 MALLOW COURT lies on this distribution: 7% of detached houses houses are smaller than 2 MALLOW COURT, and 93% of houses are larger. Note that EPC data is not available for all properties in Willand.

2 MALLOW COURT: Plot and Title Map

2 MALLOW COURT sits on a plot of roughly 0.055 of an acre, or 221m². The below map shows the location of 2 MALLOW COURT, 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 MALLOW COURT). 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 MALLOW COURT?

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