4, CHESTNUT CLOSE, CHERITON BISHOP, EXETER, EX6 6JR - £310,000

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.

4 CHESTNUT CLOSE is a small extended detached house of 113m², built sometime between 1991 and 1995, which could now be worth an estimated £372,204. It was last sold for £310,000 in March 2018, which was around 12% below the average March 2018 detached price in the Mid Devon local authority area. The most recent EPC inspection was February 2014, where the current energy rating was D, and the potential energy rating was C.

4 CHESTNUT CLOSE Sold Prices

Land registry data shows three sales for 4 CHESTNUT 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. One of the three 4 CHESTNUT CLOSE sales was for below the average price, whilst two 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
2018 2 MAR	£310,000	£351,234	12% below HPI
2000 17 APR	£150,000	£121,461	23% above HPI
1998 28 JAN	£108,000	£98,540	10% above HPI

4 CHESTNUT 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 4 CHESTNUT CLOSE sales between January 1998 and March 2018 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 2000 sale was for 23% above the HPI. So the extrapolation line tracks at 23% above the HPI over time, until the March 2018 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.

What might 4 CHESTNUT CLOSE be worth now?

4 CHESTNUT CLOSE might now be worth an estimated £372,204.

This is based on house price inflation of 20.1%, between March 2018 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 20.1% inflationary increase is applied to the most recent sale price for 4 CHESTNUT CLOSE of £310,000 on 2nd March 2018. For the value to have increased from £310,000 to £372,204 over the seven years and one month to February 2025, the following assumptions must hold true:

• The value of 4 CHESTNUT CLOSE has moved in line with the HPI for detached houses in the Mid Devon local authority area.
• The March 2018 sale price of £310,000 represented a fair market value for the property.
• The size, condition, and specification of 4 CHESTNUT CLOSE has not materially changed since March 2018.

How Large is 4 CHESTNUT CLOSE?

4 CHESTNUT CLOSE is 113m², which includes one extension, according to the EPC inspection conducted in February 2014. This puts it in the smallest 40% of detached houses houses in Cheriton Bishop, based on EPC data. The below chart shows the distribution of detached houses houses by size in Cheriton Bishop, and where 4 CHESTNUT CLOSE lies on this distribution: 37% of detached houses houses are smaller than 4 CHESTNUT CLOSE, and 61% of houses are larger. Note that EPC data is not available for all properties in Cheriton Bishop.

4 CHESTNUT CLOSE: Plot and Title Map

4 CHESTNUT CLOSE sits on a plot of roughly 0.096 of an acre, or 390m². The below map shows the location of 4 CHESTNUT 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 4 CHESTNUT 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 4 CHESTNUT CLOSE?

4 CHESTNUT CLOSE is located in CHERITON BISHOP, in the EX6 postcode district. The below map shows the position of No. 4 on CHESTNUT CLOSE.