PIPPINS, THE GREEN, WHIMPLE, EXETER, EX5 2TY - £260,000

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

PIPPINS is a very small detached house of 75m², built sometime between 1967 and 1975, which could now be worth an estimated £401,291. It was last sold for £260,000 in November 2010, which was around 26% below the average November 2010 detached price in the East Devon local authority area. The most recent EPC inspection was May 2010, where the current energy rating was E, and the potential energy rating was D.

PIPPINS Sold Prices

Land registry data shows four sales for PIPPINS since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the East Devon local authority area for the corresponding sale date. All of the four PIPPINS 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
2010 1 NOV	£260,000	£351,758	26% below HPI
2007 2 NOV	£295,000	£349,881	16% below HPI
2004 14 SEP	£264,000	£301,270	12% below HPI
2004 28 MAY	£200,000	£288,350	31% below HPI

PIPPINS 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 four PIPPINS sales between May 2004 and November 2010 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 November 2007 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the November 2010 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.

What might PIPPINS be worth now?

PIPPINS might now be worth an estimated £401,291.

This is based on house price inflation of 54.3%, between November 2010 and December 2024, for detached houses, in the East Devon local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 54.3% inflationary increase is applied to the most recent sale price for PIPPINS of £260,000 on 1st November 2010. For the value to have increased from £260,000 to £401,291 over the thirteen years and eleven months to December 2024, the following assumptions must hold true:

• The value of PIPPINS has moved in line with the HPI for detached houses in the East Devon local authority area.
• The November 2010 sale price of £260,000 represented a fair market value for the property.
• The size, condition, and specification of PIPPINS has not materially changed since November 2010.

How Large is PIPPINS?

PIPPINS is 75m² according to the EPC inspection conducted in May 2010. This puts it in the smallest 20% of detached houses houses in Whimple, based on EPC data. The below chart shows the distribution of detached houses houses by size in Whimple, and where PIPPINS lies on this distribution: 12% of detached houses houses are smaller than PIPPINS, and 88% of houses are larger. Note that EPC data is not available for all properties in Whimple.

PIPPINS: Plot and Title Map

PIPPINS sits on a plot of roughly 0.143 of an acre, or 578m². The below map shows the location of PIPPINS, 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 PIPPINS). 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 PIPPINS?

PIPPINS is located on THE GREEN in WHIMPLE, in the EX5 postcode district. The below map shows the position of PIPPINS on THE GREEN.