47, CHESTNUT DRIVE, WILLAND, CULLOMPTON, EX15 2SJ - £255,000

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

47 CHESTNUT DRIVE is a very small semi-detached house of 74m², built sometime between 1991 and 1995, which could now be worth an estimated £242,887. It was last sold for £255,000 in August 2024, which was around 13% below the average August 2024 semi-detached price in the Mid Devon local authority area. The most recent EPC inspection was August 2023, where the current energy rating was D, and the potential energy rating was B.

47 CHESTNUT DRIVE Sold Prices

Land registry data shows three sales for 47 CHESTNUT DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Mid Devon local authority area for the corresponding sale date. All of the three 47 CHESTNUT DRIVE 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 28 AUG	£255,000	£292,583	13% below HPI
2004 7 JUL	£154,950	£167,908	8% below HPI
2000 12 MAY	£71,500	£77,864	8% below HPI

47 CHESTNUT DRIVE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Mid Devon local authority area over time, sourced from the HPI. The three 47 CHESTNUT DRIVE sales between May 2000 and August 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 July 2004 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the August 2024 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.

What might 47 CHESTNUT DRIVE be worth now?

47 CHESTNUT DRIVE might now be worth an estimated £242,887.

This is based on house price deflation of 4.8%, between August 2024 and February 2025, for semi-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 4.8% deflationary decrease is applied to the most recent sale price for 47 CHESTNUT DRIVE of £255,000 on 28th August 2024. For the value to have decreased from £255,000 to £242,887 over the one year and six months to February 2025, the following assumptions must hold true:

• The value of 47 CHESTNUT DRIVE has moved in line with the HPI for semi-detached houses in the Mid Devon local authority area.
• The August 2024 sale price of £255,000 represented a fair market value for the property.
• The size, condition, and specification of 47 CHESTNUT DRIVE has not materially changed since August 2024.

How Large is 47 CHESTNUT DRIVE?

47 CHESTNUT DRIVE is 74m² according to the EPC inspection conducted in August 2023. This puts it in the smallest 20% of semi-detached houses houses in Willand, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Willand, and where 47 CHESTNUT DRIVE lies on this distribution: 10% of semi-detached houses houses are smaller than 47 CHESTNUT DRIVE, and 89% of houses are larger. Note that EPC data is not available for all properties in Willand.

47 CHESTNUT DRIVE: Plot and Title Map

47 CHESTNUT DRIVE sits on a plot of roughly 0.044 of an acre, or 178m². The below map shows the location of 47 CHESTNUT DRIVE, 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 47 CHESTNUT DRIVE). 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 47 CHESTNUT DRIVE?

47 CHESTNUT DRIVE is located in WILLAND, in the EX15 postcode district. The below map shows the position of No. 47 on CHESTNUT DRIVE.