HAWTHORNES, WOOD LANE, MORCHARD BISHOP, CREDITON, EX17 6PE - £357,500

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

HAWTHORNES is a very large detached house of 221m², built sometime between 1983 and 1990. It was last sold for £357,500 in September 2017, which was around 2% above the average September 2017 detached price in the Mid Devon local authority area. The most recent EPC inspection was March 2017, where the current energy rating was E, and the potential energy rating was C.

HAWTHORNES Sold Prices

Land registry data shows three sales for HAWTHORNES 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. The three HAWTHORNES sales were a mix of above the average price, and roughly equal to 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
2017 12 SEP	£357,500	£350,005	2% above HPI
2002 27 MAR	£250,000	£158,998	57% above HPI
1999 25 JUN	£105,000	£104,498	Close to HPI

HAWTHORNES 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 HAWTHORNES sales between June 1999 and September 2017 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 March 2002 sale was for 57% above the HPI. So the extrapolation line tracks at 57% above the HPI over time, until the September 2017 sale, where it falls to 2% above the HPI. The line then continues to track at 2% above the HPI.

What might HAWTHORNES be worth now?

HAWTHORNES might now be worth an estimated £444,044.

This is based on house price inflation of 24.2%, between September 2017 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 24.2% inflationary increase is applied to the most recent sale price for HAWTHORNES of £357,500 on 12th September 2017. For the value to have increased from £357,500 to £444,044 over the six years and nine months to December 2024, the following assumptions must hold true:

• The value of HAWTHORNES has moved in line with the HPI for detached houses in the Mid Devon local authority area.
• The September 2017 sale price of £357,500 represented a fair market value for the property.
• The size, condition, and specification of HAWTHORNES has not materially changed since September 2017.

How Large is HAWTHORNES?

HAWTHORNES is 221m² according to the EPC inspection conducted in March 2017. This puts it in the largest 10% of detached houses houses in Morchard Bishop, based on EPC data. The below chart shows the distribution of detached houses houses by size in Morchard Bishop, and where HAWTHORNES lies on this distribution: 97% of detached houses houses are smaller than HAWTHORNES, and 3% of houses are larger. Note that EPC data is not available for all properties in Morchard Bishop.

HAWTHORNES: Plot and Title Map

HAWTHORNES sits on a plot of roughly 0.173 of an acre, or 699m². The below map shows the location of HAWTHORNES, 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 HAWTHORNES). 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 HAWTHORNES?

HAWTHORNES is located on WOOD LANE in MORCHARD BISHOP, in the EX17 postcode district. The below map shows the position of HAWTHORNES on WOOD LANE.