3, WESTAWAY ROAD, COLYTON, EX24 6PA - £360,000

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 WESTAWAY ROAD is a very small detached house of 70m², built sometime between 1967 and 1975, which could now be worth an estimated £392,599. It was last sold for £360,000 in February 2022, which was around 27% below the average February 2022 detached price in the East Devon local authority area. The most recent EPC inspection was April 2012, where the current energy rating was D, and the potential energy rating was B.

3 WESTAWAY ROAD Sold Prices

Land registry data shows three sales for 3 WESTAWAY ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the East Devon local authority area for the corresponding sale date. All of the three 3 WESTAWAY ROAD 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
2022 4 FEB	£360,000	£495,093	27% below HPI
2019 17 JAN	£252,000	£449,782	44% below HPI
2008 22 FEB	£222,500	£353,842	37% below HPI

3 WESTAWAY ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the East Devon local authority area over time, sourced from the HPI. The three 3 WESTAWAY ROAD sales between February 2008 and February 2022 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 44% below the HPI. So the extrapolation line tracks at 44% below the HPI over time, until the February 2022 sale, where it rises to 27% below the HPI. The line then continues to track at 27% below the HPI.

What might 3 WESTAWAY ROAD be worth now?

3 WESTAWAY ROAD might now be worth an estimated £392,599.

This is based on house price inflation of 9.1%, between February 2022 and February 2025, for detached houses, in the East Devon local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 9.1% inflationary increase is applied to the most recent sale price for 3 WESTAWAY ROAD of £360,000 on 4th February 2022. For the value to have increased from £360,000 to £392,599 over the three years to February 2025, the following assumptions must hold true:

• The value of 3 WESTAWAY ROAD has moved in line with the HPI for detached houses in the East Devon local authority area.
• The February 2022 sale price of £360,000 represented a fair market value for the property.
• The size, condition, and specification of 3 WESTAWAY ROAD has not materially changed since February 2022.

How Large is 3 WESTAWAY ROAD?

3 WESTAWAY ROAD is 70m² according to the EPC inspection conducted in April 2012. This puts it in the smallest 10% of detached houses houses in Colyton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Colyton, and where 3 WESTAWAY ROAD lies on this distribution: 4% of detached houses houses are smaller than 3 WESTAWAY ROAD, and 96% of houses are larger. Note that EPC data is not available for all properties in Colyton.

3 WESTAWAY ROAD: Plot and Title Map

3 WESTAWAY ROAD sits on a plot of roughly 0.140 of an acre, or 567m². The below map shows the location of 3 WESTAWAY ROAD, 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 WESTAWAY ROAD). 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 WESTAWAY ROAD?

3 WESTAWAY ROAD is located in COLYTON, in the EX24 postcode district. The below map shows the position of No. 3 on WESTAWAY ROAD.