24, CHESTNUT DRIVE, WILLAND, CULLOMPTON, EX15 2SJ - £250,000

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

24 CHESTNUT DRIVE is a very small extended semi-detached house of 56m², built sometime between 1983 and 1990. It was last sold for £250,000 in August 2023, which was around 44% below the average August 2023 detached price in the Mid Devon local authority area. The most recent EPC inspection was April 2023, where the current energy rating was C, and the potential energy rating was B.

24 CHESTNUT DRIVE Sold Prices

Land registry data shows seven sales for 24 CHESTNUT DRIVE since 1^st January 1995. The below table shows the price paid for the seven sales, along with the average detached price in the Mid Devon local authority area for the corresponding sale date. All of the seven 24 CHESTNUT DRIVE 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
2023 24 AUG	£250,000	£443,950	44% below HPI
2017 30 JUN	£169,950	£323,878	48% below HPI
2011 20 APR	£149,950	£265,234	43% below HPI
2000 25 AUG	£64,700	£132,256	51% below HPI
1997 17 MAR	£45,500	£87,479	48% below HPI
1995 14 AUG	£45,000	£82,103	45% below HPI
1995 7 APR	£43,500	£79,399	45% below HPI

24 CHESTNUT DRIVE 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 seven 24 CHESTNUT DRIVE sales between April 1995 and August 2023 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 June 2017 sale was for 48% below the HPI. So the extrapolation line tracks at 48% below the HPI over time, until the August 2023 sale, where it rises to 44% below the HPI. The line then continues to track at 44% below the HPI.

How Large is 24 CHESTNUT DRIVE?

24 CHESTNUT DRIVE is 56m², which includes one extension, according to the EPC inspection conducted in April 2023. This puts it in the smallest 10% of detached houses in Willand, based on EPC data. The below chart shows the distribution of detached houses by size in Willand, and where 24 CHESTNUT DRIVE lies on this distribution: 1% of detached houses are smaller than 24 CHESTNUT DRIVE, and 99% of houses are larger. Note that EPC data is not available for all properties in Willand.

24 CHESTNUT DRIVE: Plot and Title Map

24 CHESTNUT DRIVE sits on a plot of roughly 0.046 of an acre, or 188m². The below map shows the location of 24 CHESTNUT DRIVE, 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 24 CHESTNUT DRIVE). 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 24 CHESTNUT DRIVE?

24 CHESTNUT DRIVE is located in WILLAND, in the EX15 postcode district. The below map shows the position of No. 24 on CHESTNUT DRIVE.