HOMEFIELD, CHURCH LANE, CHERITON BISHOP, EXETER, EX6 6HY - £480,000

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

HOMEFIELD is a large extended detached house of 168m², built sometime between 1967 and 1975. It was last sold for £480,000 in January 2021, which was around 30% above the average January 2021 detached price in the Mid Devon local authority area. The most recent EPC inspection was November 2022, where the current energy rating was B, and the potential energy rating was B.

HOMEFIELD Sold Prices

Land registry data shows three sales for HOMEFIELD 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. All of the three HOMEFIELD sales were 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
2021 14 JAN	£480,000	£369,132	30% above HPI
2002 9 MAY	£228,500	£168,485	36% above HPI
1997 14 FEB	£118,000	£82,067	44% above HPI

HOMEFIELD 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 HOMEFIELD sales between February 1997 and January 2021 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 May 2002 sale was for 36% above the HPI. So the extrapolation line tracks at 36% above the HPI over time, until the January 2021 sale, where it falls to 30% above the HPI. The line then continues to track at 30% above the HPI.

How Large is HOMEFIELD?

HOMEFIELD is 168m², which includes two extensions, according to the EPC inspection conducted in November 2022. This puts it in the largest 30% of detached houses in Cheriton Bishop, based on EPC data. The below chart shows the distribution of detached houses by size in Cheriton Bishop, and where HOMEFIELD lies on this distribution: 75% of detached houses are smaller than HOMEFIELD, and 25% of houses are larger. Note that EPC data is not available for all properties in Cheriton Bishop.

HOMEFIELD: Plot and Title Map

HOMEFIELD sits on a plot of roughly 0.322 of an acre, or 1,304m². The below map shows the location of HOMEFIELD, 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 HOMEFIELD). 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 HOMEFIELD?

HOMEFIELD is located on CHURCH LANE in CHERITON BISHOP, in the EX6 postcode district. The below map shows the position of HOMEFIELD on CHURCH LANE.