CHERRIES, HILLHEAD, COLYTON, EX24 6NN - £335,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

CHERRIES is a large extended detached house of 119m², built sometime between 1976 and 1982. It was last sold for £335,000 in November 2018, which was around 21% below the average November 2018 detached price in the East Devon local authority area. The most recent EPC inspection was April 2017, where the current energy rating was C, and the potential energy rating was B.

CHERRIES Sold Prices

Land registry data shows three sales for CHERRIES since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the East Devon local authority area for the corresponding sale date. All of the three CHERRIES 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
2018 2 NOV	£335,000	£426,751	21% below HPI
2014 1 JUL	£260,000	£347,494	25% below HPI
2009 2 APR	£227,500	£296,511	23% below HPI

CHERRIES Price Paid vs. HPI Average

The below graph shows the average detached house price in the East Devon local authority area over time, sourced from the HPI. The three CHERRIES sales between April 2009 and November 2018 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 2014 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the November 2018 sale, where it rises to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is CHERRIES?

CHERRIES is 119m², which includes two extensions, according to the EPC inspection conducted in April 2017. This puts it in the largest 30% of detached houses in Colyton, based on EPC data. The below chart shows the distribution of detached houses by size in Colyton, and where CHERRIES lies on this distribution: 76% of detached houses are smaller than CHERRIES, and 24% of houses are larger. Note that EPC data is not available for all properties in Colyton.

CHERRIES: Plot and Title Map

CHERRIES sits on a plot of roughly 0.126 of an acre, or 512m². The below map shows the location of CHERRIES, 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 CHERRIES). 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 CHERRIES?

CHERRIES is located on HILLHEAD in COLYTON, in the EX24 postcode district. The below map shows the position of CHERRIES on HILLHEAD.