4, PLUM WAY, WILLAND, CULLOMPTON, EX15 2QR - £313,500

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

4 PLUM WAY is a midsized extended detached house of 106m², built sometime between 1996 and 2002, which could now be worth an estimated £366,460. It was last sold for £313,500 in November 2020, which was around 16% below the average November 2020 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 B.

4 PLUM WAY Sold Prices

Land registry data shows seven sales for 4 PLUM WAY since 1^st January 1995. The below table shows the price paid for the seven sales, along with the average detached price in the Mid Devon local authority area for the corresponding sale date. All of the seven 4 PLUM WAY 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
2020 9 NOV	£313,500	£371,908	16% below HPI
2013 3 MAY	£235,000	£288,400	19% below HPI
2008 28 AUG	£185,000	£279,253	34% below HPI
2006 13 SEP	£217,500	£277,386	22% below HPI
2005 18 MAY	£195,000	£249,569	22% below HPI
2002 28 JUN	£142,500	£184,102	23% below HPI
1996 1 MAR	£68,000	£85,146	20% below HPI

4 PLUM WAY 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 seven 4 PLUM WAY sales between March 1996 and November 2020 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 May 2013 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the November 2020 sale, where it rises to 16% below the HPI. The line then continues to track at 16% below the HPI.

What might 4 PLUM WAY be worth now?

4 PLUM WAY might now be worth an estimated £366,460.

This is based on house price inflation of 16.9%, between November 2020 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 16.9% inflationary increase is applied to the most recent sale price for 4 PLUM WAY of £313,500 on 9th November 2020. For the value to have increased from £313,500 to £366,460 over the three years and eleven months to December 2024, the following assumptions must hold true:

• The value of 4 PLUM WAY has moved in line with the HPI for detached houses in the Mid Devon local authority area.
• The November 2020 sale price of £313,500 represented a fair market value for the property.
• The size, condition, and specification of 4 PLUM WAY has not materially changed since November 2020.

How Large is 4 PLUM WAY?

4 PLUM WAY is 106m², which includes one extension, according to the EPC inspection conducted in July 2020. This puts it in the largest 50% 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 4 PLUM WAY lies on this distribution: 50% of detached houses houses are smaller than 4 PLUM WAY, and 49% of houses are larger. Note that EPC data is not available for all properties in Willand.

4 PLUM WAY: Plot and Title Map

4 PLUM WAY sits on a plot of roughly 0.068 of an acre, or 275m². The below map shows the location of 4 PLUM WAY, 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 PLUM WAY). 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 PLUM WAY?

4 PLUM WAY is located in WILLAND, in the EX15 postcode district. The below map shows the position of No. 4 on PLUM WAY.