PROSPECT HOUSE, HILLHEAD, COLYTON, EX24 6NJ - £580,000

PROSPECT HOUSE is a very large detached house of 157m², built sometime between 2003 and 2006. It was last sold for £580,000 in December 2018, which was around 36% above the average December 2018 detached price in the East Devon local authority area. The most recent EPC inspection was March 2024, where the current energy rating was C, and the potential energy rating was C.

PROSPECT HOUSE Sold Prices

Land registry data shows four sales for PROSPECT HOUSE 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 PROSPECT HOUSE 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
2018 3 DEC	£580,000	£426,332	36% above HPI
2015 23 NOV	£462,500	£372,614	24% above HPI
2010 21 JUL	£426,000	£335,638	27% above HPI
2004 28 MAY	£384,000	£280,102	37% above HPI

PROSPECT HOUSE 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 PROSPECT HOUSE sales between May 2004 and December 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 November 2015 sale was for 24% above the HPI. So the extrapolation line tracks at 24% above the HPI over time, until the December 2018 sale, where it rises to 36% above the HPI. The line then continues to track at 36% above the HPI.

How Large is PROSPECT HOUSE?

PROSPECT HOUSE is 157m² according to the EPC inspection conducted in March 2024. This puts it in the largest 10% of detached houses in Colyton, based on EPC data. The below chart shows the distribution of detached houses by size in Colyton, and where PROSPECT HOUSE lies on this distribution: 92% of detached houses are smaller than PROSPECT HOUSE, and 7% of houses are larger. Note that EPC data is not available for all properties in Colyton.

PROSPECT HOUSE: Plot and Title Map

PROSPECT HOUSE sits on a plot of roughly 0.160 of an acre, or 646m². The below map shows the location of PROSPECT HOUSE, 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 PROSPECT HOUSE). 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 PROSPECT HOUSE?

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