2, SUMMER CLOSE, HEMYOCK, CULLOMPTON, EX15 3PA - £260,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

2 SUMMER CLOSE is a midsized detached house of 99m², built sometime between 1996 and 2002, which could now be worth an estimated £320,737. It was last sold for £260,000 in November 2017, which was around 26% below the average November 2017 detached price in the Mid Devon local authority area. The most recent EPC inspection was January 2010, where the current energy rating was E, and the potential energy rating was E.

2 SUMMER CLOSE Sold Prices

Land registry data shows six sales for 2 SUMMER CLOSE since 1^st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the Mid Devon local authority area for the corresponding sale date. All of the six 2 SUMMER CLOSE 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
2017 7 NOV	£260,000	£352,411	26% below HPI
2010 11 MAY	£249,950	£277,785	10% below HPI
2004 21 JAN	£200,000	£231,821	14% below HPI
2002 14 OCT	£169,950	£200,685	15% below HPI
2001 12 AUG	£125,000	£157,077	20% below HPI
1999 3 MAR	£95,950	£104,373	8% below HPI

2 SUMMER CLOSE 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 six 2 SUMMER CLOSE sales between March 1999 and November 2017 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 May 2010 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the November 2017 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.

What might 2 SUMMER CLOSE be worth now?

2 SUMMER CLOSE might now be worth an estimated £320,737.

This is based on house price inflation of 23.4%, between November 2017 and December 2024, 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 23.4% inflationary increase is applied to the most recent sale price for 2 SUMMER CLOSE of £260,000 on 7th November 2017. For the value to have increased from £260,000 to £320,737 over the six years and eleven months to December 2024, the following assumptions must hold true:

• The value of 2 SUMMER CLOSE has moved in line with the HPI for detached houses in the Mid Devon local authority area.
• The November 2017 sale price of £260,000 represented a fair market value for the property.
• The size, condition, and specification of 2 SUMMER CLOSE has not materially changed since November 2017.

How Large is 2 SUMMER CLOSE?

2 SUMMER CLOSE is 99m² according to the EPC inspection conducted in January 2010. This puts it in the smallest 50% of detached houses houses in Hemyock, based on EPC data. The below chart shows the distribution of detached houses houses by size in Hemyock, and where 2 SUMMER CLOSE lies on this distribution: 45% of detached houses houses are smaller than 2 SUMMER CLOSE, and 55% of houses are larger. Note that EPC data is not available for all properties in Hemyock.

2 SUMMER CLOSE: Plot and Title Map

2 SUMMER CLOSE sits on a plot of roughly 0.063 of an acre, or 256m². The below map shows the location of 2 SUMMER CLOSE, 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 SUMMER CLOSE). 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 SUMMER CLOSE?

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