5, MYRTLE CLOSE, WILLAND, CULLOMPTON, EX15 2SU - £199,950

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

5 MYRTLE CLOSE is a midsized extended detached house of 102m², built sometime between 2003 and 2006, which could now be worth an estimated £357,153. It was last sold for £199,950 in May 2004, which was around 18% below the average May 2004 detached price in the Mid Devon local authority area. The most recent EPC inspection was April 2022, where the current energy rating was C, and the potential energy rating was B.

5 MYRTLE CLOSE Sold Prices

Land registry data shows two sales for 5 MYRTLE CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Mid Devon local authority area for the corresponding sale date. Both of the two 5 MYRTLE CLOSE 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
2004 7 MAY	£199,950	£243,384	18% below HPI
2003 28 FEB	£172,592	£209,478	18% below HPI

5 MYRTLE 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 two 5 MYRTLE CLOSE sales from February 2003 and May 2004 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 February 2003 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the May 2004 sale, which was also at 18% below the HPI.

What might 5 MYRTLE CLOSE be worth now?

5 MYRTLE CLOSE might now be worth an estimated £357,153.

This is based on house price inflation of 78.6%, between May 2004 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 78.6% inflationary increase is applied to the most recent sale price for 5 MYRTLE CLOSE of £199,950 on 7th May 2004. For the value to have increased from £199,950 to £357,153 over the nineteen years and five months to December 2024, the following assumptions must hold true:

• The value of 5 MYRTLE CLOSE has moved in line with the HPI for detached houses in the Mid Devon local authority area.
• The May 2004 sale price of £199,950 represented a fair market value for the property.
• The size, condition, and specification of 5 MYRTLE CLOSE has not materially changed since May 2004.

How Large is 5 MYRTLE CLOSE?

5 MYRTLE CLOSE is 102m², which includes one extension, according to the EPC inspection conducted in April 2022. This puts it in the smallest 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 5 MYRTLE CLOSE lies on this distribution: 42% of detached houses houses are smaller than 5 MYRTLE CLOSE, and 56% of houses are larger. Note that EPC data is not available for all properties in Willand.

5 MYRTLE CLOSE: Plot and Title Map

5 MYRTLE CLOSE sits on a plot of roughly 0.066 of an acre, or 266m². The below map shows the location of 5 MYRTLE 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 5 MYRTLE 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 5 MYRTLE CLOSE?

5 MYRTLE CLOSE is located in WILLAND, in the EX15 postcode district. The below map shows the position of No. 5 on MYRTLE CLOSE.