2, SUBWAY APPROACH, WILLAND, CULLOMPTON, EX15 2QJ - £245,000

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 SUBWAY APPROACH is a large detached house of 120m², built sometime between 2003 and 2006. It was last sold for £245,000 in May 2020, which was around 29% below the average May 2020 detached price in the Mid Devon local authority area. The most recent EPC inspection was April 2018, where the current energy rating was C, and the potential energy rating was B.

2 SUBWAY APPROACH Sold Prices

Land registry data shows three sales for 2 SUBWAY APPROACH 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 SUBWAY APPROACH 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
2020 26 MAY	£245,000	£343,787	29% below HPI
2019 18 JAN	£227,000	£351,072	35% below HPI
2005 1 JUL	£200,000	£266,408	25% below HPI

2 SUBWAY APPROACH 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 SUBWAY APPROACH sales between July 2005 and May 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 January 2019 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the May 2020 sale, where it rises to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is 2 SUBWAY APPROACH?

2 SUBWAY APPROACH is 120m² according to the EPC inspection conducted in April 2018. This puts it in the largest 40% 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 SUBWAY APPROACH lies on this distribution: 66% of detached houses are smaller than 2 SUBWAY APPROACH, and 32% of houses are larger. Note that EPC data is not available for all properties in Willand.

2 SUBWAY APPROACH: Plot and Title Map

2 SUBWAY APPROACH sits on a plot of roughly 0.059 of an acre, or 239m². The below map shows the location of 2 SUBWAY APPROACH, 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 SUBWAY APPROACH). 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 SUBWAY APPROACH?

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