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

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.

HOMEFIELD is a large extended detached house of 168m², built sometime between 1967 and 1975, which could now be worth an estimated £529,731. It was last sold for £480,000 in January 2021, which was around 26% 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	£382,122	26% above HPI
2002 9 MAY	£228,500	£174,414	31% above HPI
1997 14 FEB	£118,000	£84,955	39% 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 31% above the HPI. So the extrapolation line tracks at 31% above the HPI over time, until the January 2021 sale, where it falls to 26% above the HPI. The line then continues to track at 26% above the HPI.

What might HOMEFIELD be worth now?

HOMEFIELD might now be worth an estimated £529,731.

This is based on house price inflation of 10.4%, between January 2021 and February 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 10.4% inflationary increase is applied to the most recent sale price for HOMEFIELD of £480,000 on 14th January 2021. For the value to have increased from £480,000 to £529,731 over the three years and eleven months to February 2025, the following assumptions must hold true:

• The value of HOMEFIELD has moved in line with the HPI for detached houses in the Mid Devon local authority area.
• The January 2021 sale price of £480,000 represented a fair market value for the property.
• The size, condition, and specification of HOMEFIELD has not materially changed since January 2021.

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 houses in Cheriton Bishop, based on EPC data. The below chart shows the distribution of detached houses houses by size in Cheriton Bishop, and where HOMEFIELD lies on this distribution: 76% of detached houses houses are smaller than HOMEFIELD, and 24% 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.