8, GABLES LEA, WILLAND, CULLOMPTON, EX15 2RY - £245,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

8 GABLES LEA is a large detached house of 127m², built sometime between 1996 and 2002. It was last sold for £245,000 in December 2011, which was around 10% below the average December 2011 detached price in the Mid Devon local authority area. The most recent EPC inspection was June 2009, where the current energy rating was C, and the potential energy rating was C.

8 GABLES LEA Sold Prices

Land registry data shows three sales for 8 GABLES LEA 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. Two of the three 8 GABLES LEA sales were for below the average price, whilst one was 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
2011 16 DEC	£245,000	£270,755	10% below HPI
2010 28 APR	£232,000	£270,953	14% below HPI
1999 12 APR	£112,000	£97,685	15% above HPI

8 GABLES LEA 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 8 GABLES LEA sales between April 1999 and December 2011 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 2010 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the December 2011 sale, where it rises to 10% below the HPI. The line then continues to track at 10% below the HPI.

How Large is 8 GABLES LEA?

8 GABLES LEA is 127m² according to the EPC inspection conducted in June 2009. This puts it in the largest 30% of detached houses in Willand, based on EPC data. The below chart shows the distribution of detached houses by size in Willand, and where 8 GABLES LEA lies on this distribution: 75% of detached houses are smaller than 8 GABLES LEA, and 25% of houses are larger. Note that EPC data is not available for all properties in Willand.

8 GABLES LEA: Plot and Title Map

8 GABLES LEA sits on a plot of roughly 0.103 of an acre, or 418m². The below map shows the location of 8 GABLES LEA, 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 8 GABLES LEA). 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 8 GABLES LEA?

8 GABLES LEA is located in WILLAND, in the EX15 postcode district. The below map shows the position of No. 8 on GABLES LEA.