3, PYNES CLOSE, CHERITON FITZPAINE, CREDITON, EX17 4HT - £562,500

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.

3 PYNES CLOSE is a very large extended detached house of 224m², built sometime between 1983 and 1990, which could now be worth an estimated £623,010. It was last sold for £562,500 in June 2021, which was around 48% above the average June 2021 detached price in the Mid Devon local authority area. The most recent EPC inspection was July 2020, where the current energy rating was D, and the potential energy rating was C.

3 PYNES CLOSE Sold Prices

Land registry data shows three sales for 3 PYNES CLOSE 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 3 PYNES CLOSE sales were for above 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
2021 1 JUN	£562,500	£380,753	48% above HPI
2005 16 JUN	£325,000	£266,496	22% above HPI
1996 27 JUN	£124,500	£85,609	45% above HPI

3 PYNES 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 three 3 PYNES CLOSE sales between June 1996 and June 2021 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 2005 sale was for 22% above the HPI. So the extrapolation line tracks at 22% above the HPI over time, until the June 2021 sale, where it rises to 48% above the HPI. The line then continues to track at 48% above the HPI.

What might 3 PYNES CLOSE be worth now?

3 PYNES CLOSE might now be worth an estimated £623,010.

This is based on house price inflation of 10.8%, between June 2021 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 10.8% inflationary increase is applied to the most recent sale price for 3 PYNES CLOSE of £562,500 on 1st June 2021. For the value to have increased from £562,500 to £623,010 over the four years and four months to February 2025, the following assumptions must hold true:

• The value of 3 PYNES CLOSE has moved in line with the HPI for detached houses in the Mid Devon local authority area.
• The June 2021 sale price of £562,500 represented a fair market value for the property.
• The size, condition, and specification of 3 PYNES CLOSE has not materially changed since June 2021.

How Large is 3 PYNES CLOSE?

3 PYNES CLOSE is 224m², which includes one extension, according to the EPC inspection conducted in July 2020. This puts it in the largest 10% of detached houses houses in Cheriton Fitzpaine, based on EPC data. The below chart shows the distribution of detached houses houses by size in Cheriton Fitzpaine, and where 3 PYNES CLOSE lies on this distribution: 96% of detached houses houses are smaller than 3 PYNES CLOSE, and 4% of houses are larger. Note that EPC data is not available for all properties in Cheriton Fitzpaine.

3 PYNES CLOSE: Plot and Title Map

3 PYNES CLOSE sits on a plot of roughly 0.348 of an acre, or 1,409m². The below map shows the location of 3 PYNES 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 3 PYNES 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 3 PYNES CLOSE?

3 PYNES CLOSE is located in CHERITON FITZPAINE, in the EX17 postcode district. The below map shows the position of No. 3 on PYNES CLOSE.