3, VICTORIA CLOSE, WILLAND, CULLOMPTON, EX15 2PD - £292,500

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 VICTORIA CLOSE is a large extended detached house of 118m², built sometime between 1996 and 2002, which could now be worth an estimated £357,926. It was last sold for £292,500 in August 2017, which was around 15% below the average August 2017 detached price in the Mid Devon local authority area. The most recent EPC inspection was December 2009, where the current energy rating was D, and the potential energy rating was C.

3 VICTORIA CLOSE Sold Prices

Land registry data shows four sales for 3 VICTORIA CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Mid Devon local authority area for the corresponding sale date. Most of the four 3 VICTORIA 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 21 AUG	£292,500	£344,626	15% below HPI
2010 19 APR	£232,000	£280,488	17% below HPI
1999 23 FEB	£101,000	£105,689	4% below HPI
1997 27 JUN	£92,500	£90,880	2% above HPI

3 VICTORIA 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 four 3 VICTORIA CLOSE sales between June 1997 and August 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 April 2010 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the August 2017 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.

What might 3 VICTORIA CLOSE be worth now?

3 VICTORIA CLOSE might now be worth an estimated £357,926.

This is based on house price inflation of 22.4%, between August 2017 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 22.4% inflationary increase is applied to the most recent sale price for 3 VICTORIA CLOSE of £292,500 on 21st August 2017. For the value to have increased from £292,500 to £357,926 over the eight years and six months to February 2025, the following assumptions must hold true:

• The value of 3 VICTORIA CLOSE has moved in line with the HPI for detached houses in the Mid Devon local authority area.
• The August 2017 sale price of £292,500 represented a fair market value for the property.
• The size, condition, and specification of 3 VICTORIA CLOSE has not materially changed since August 2017.

How Large is 3 VICTORIA CLOSE?

3 VICTORIA CLOSE is 118m², which includes one extension, according to the EPC inspection conducted in December 2009. This puts it in the largest 40% 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 3 VICTORIA CLOSE lies on this distribution: 64% of detached houses houses are smaller than 3 VICTORIA CLOSE, and 36% of houses are larger. Note that EPC data is not available for all properties in Willand.

3 VICTORIA CLOSE: Plot and Title Map

3 VICTORIA CLOSE sits on a plot of roughly 0.083 of an acre, or 336m². The below map shows the location of 3 VICTORIA 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 VICTORIA 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 VICTORIA CLOSE?

3 VICTORIA CLOSE is located in WILLAND, in the EX15 postcode district. The below map shows the position of No. 3 on VICTORIA CLOSE.