8, TANNERS MEWS, WILLAND, CULLOMPTON, EX15 2TY - £256,000

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 TANNERS MEWS is a very small detached house of 80m², built sometime between 1996 and 2002, which could now be worth an estimated £295,590. It was last sold for £256,000 in April 2020, which was around 31% below the average April 2020 detached price in the Mid Devon local authority area. The most recent EPC inspection was April 2014, where the current energy rating was D, and the potential energy rating was B.

8 TANNERS MEWS Sold Prices

Land registry data shows four sales for 8 TANNERS MEWS since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Mid Devon local authority area for the corresponding sale date. All of the four 8 TANNERS MEWS 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 7 APR	£256,000	£373,281	31% below HPI
2014 18 JUN	£196,900	£286,373	31% below HPI
2003 31 OCT	£171,000	£233,575	27% below HPI
2001 29 OCT	£112,500	£163,138	31% below HPI

8 TANNERS MEWS 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 four 8 TANNERS MEWS sales between October 2001 and April 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 June 2014 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the April 2020 sale, which was also at 31% below the HPI.

What might 8 TANNERS MEWS be worth now?

8 TANNERS MEWS might now be worth an estimated £295,590.

This is based on house price inflation of 15.5%, between April 2020 and March 2025, 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 15.5% inflationary increase is applied to the most recent sale price for 8 TANNERS MEWS of £256,000 on 7th April 2020. For the value to have increased from £256,000 to £295,590 over the five years and one month to March 2025, the following assumptions must hold true:

• The value of 8 TANNERS MEWS has moved in line with the HPI for detached houses in the Mid Devon local authority area.
• The April 2020 sale price of £256,000 represented a fair market value for the property.
• The size, condition, and specification of 8 TANNERS MEWS has not materially changed since April 2020.

How Large is 8 TANNERS MEWS?

8 TANNERS MEWS is 80m² according to the EPC inspection conducted in April 2014. This puts it in the smallest 20% 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 8 TANNERS MEWS lies on this distribution: 17% of detached houses houses are smaller than 8 TANNERS MEWS, and 83% of houses are larger. Note that EPC data is not available for all properties in Willand.

8 TANNERS MEWS: Plot and Title Map

8 TANNERS MEWS sits on a plot of roughly 0.051 of an acre, or 208m². The below map shows the location of 8 TANNERS MEWS, 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 TANNERS MEWS). 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 TANNERS MEWS?

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