8, PEARMAIN CLOSE, WILLAND, CULLOMPTON, EX15 2TD - £140,500

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.

8 PEARMAIN CLOSE is a very small semi-detached house of 54m², built sometime between 1996 and 2002, which could now be worth an estimated £215,192. It was last sold for £140,500 in December 2011, which was around 23% below the average December 2011 semi-detached price in the Mid Devon local authority area. The most recent EPC inspection was November 2021, where the current energy rating was C, and the potential energy rating was B.

8 PEARMAIN CLOSE Sold Prices

Land registry data shows five sales for 8 PEARMAIN CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average semi-detached price in the Mid Devon local authority area for the corresponding sale date. All of the five 8 PEARMAIN 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
2011 16 DEC	£140,500	£181,955	23% below HPI
2003 13 JUN	£116,000	£132,608	13% below HPI
2002 10 JUL	£97,500	£118,723	18% below HPI
2000 28 APR	£63,750	£75,397	15% below HPI
1996 26 APR	£44,250	£53,745	18% below HPI

8 PEARMAIN CLOSE 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 five 8 PEARMAIN CLOSE sales between April 1996 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 June 2003 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the December 2011 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.

What might 8 PEARMAIN CLOSE be worth now?

8 PEARMAIN CLOSE might now be worth an estimated £215,192.

This is based on house price inflation of 53.2%, between December 2011 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 53.2% inflationary increase is applied to the most recent sale price for 8 PEARMAIN CLOSE of £140,500 on 16th December 2011. For the value to have increased from £140,500 to £215,192 over the fourteen years and ten months to February 2025, the following assumptions must hold true:

• The value of 8 PEARMAIN CLOSE has moved in line with the HPI for semi-detached houses in the Mid Devon local authority area.
• The December 2011 sale price of £140,500 represented a fair market value for the property.
• The size, condition, and specification of 8 PEARMAIN CLOSE has not materially changed since December 2011.

How Large is 8 PEARMAIN CLOSE?

8 PEARMAIN CLOSE is 54m² according to the EPC inspection conducted in November 2021. This puts it in the smallest 10% 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 8 PEARMAIN CLOSE lies on this distribution: Less than 1% of semi-detached houses houses are smaller than 8 PEARMAIN CLOSE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Willand.

8 PEARMAIN CLOSE: Plot and Title Map

8 PEARMAIN CLOSE sits on a plot of roughly 0.051 of an acre, or 205m². The below map shows the location of 8 PEARMAIN 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 8 PEARMAIN 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 8 PEARMAIN CLOSE?

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