31, PROWSES, HEMYOCK, CULLOMPTON, EX15 3QG - £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

31 PROWSES is a very small extended detached house of 71m², built sometime between 1967 and 1975, which could now be worth an estimated £258,666. It was last sold for £260,000 in February 2024, which was around 41% below the average February 2024 detached price in the Mid Devon local authority area. The most recent EPC inspection was July 2023, where the current energy rating was E, and the potential energy rating was C.

31 PROWSES Sold Prices

Land registry data shows three sales for 31 PROWSES 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 31 PROWSES 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
2024 9 FEB	£260,000	£436,977	41% below HPI
2014 5 NOV	£180,000	£304,195	41% below HPI
1997 3 NOV	£73,000	£97,513	25% below HPI

31 PROWSES 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 31 PROWSES sales between November 1997 and February 2024 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 November 2014 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the February 2024 sale, which was also at 41% below the HPI.

What might 31 PROWSES be worth now?

31 PROWSES might now be worth an estimated £258,666.

This is based on house price deflation of 0.5%, between February 2024 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 0.5% deflationary decrease is applied to the most recent sale price for 31 PROWSES of £260,000 on 9th February 2024. For the value to have decreased from £260,000 to £258,666 over the two months to December 2024, the following assumptions must hold true:

• The value of 31 PROWSES has moved in line with the HPI for detached houses in the Mid Devon local authority area.
• The February 2024 sale price of £260,000 represented a fair market value for the property.
• The size, condition, and specification of 31 PROWSES has not materially changed since February 2024.

How Large is 31 PROWSES?

31 PROWSES is 71m², which includes two extensions, according to the EPC inspection conducted in July 2023. This puts it in the smallest 10% 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 31 PROWSES lies on this distribution: 10% of detached houses houses are smaller than 31 PROWSES, and 89% of houses are larger. Note that EPC data is not available for all properties in Hemyock.

31 PROWSES: Plot and Title Map

31 PROWSES sits on a plot of roughly 0.099 of an acre, or 400m². The below map shows the location of 31 PROWSES, 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 31 PROWSES). 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 31 PROWSES?

31 PROWSES is located in HEMYOCK, in the EX15 postcode district. The below map shows the position of No. 31 on PROWSES.