WAYLANDS, PLYMTREE, CULLOMPTON, EX15 2JY - £475,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

WAYLANDS is a small detached house of 115m², built sometime between 1976 and 1982. It was last sold for £475,000 in June 2022, which was around 3% below the average June 2022 detached price in the East Devon local authority area. The most recent EPC inspection was April 2014, where the current energy rating was D, and the potential energy rating was B.

WAYLANDS Sold Prices

Land registry data shows six sales for WAYLANDS since 1^st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the East Devon local authority area for the corresponding sale date. Most of the six WAYLANDS 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
2022 1 JUN	£475,000	£488,844	3% below HPI
2020 14 OCT	£290,000	£449,594	35% below HPI
2014 31 JAN	£310,000	£337,442	8% below HPI
2005 5 MAY	£310,000	£291,464	6% above HPI
2002 5 APR	£185,000	£191,899	4% below HPI
1997 30 MAY	£129,500	£99,379	30% above HPI

WAYLANDS 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 six WAYLANDS sales between May 1997 and June 2022 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 October 2020 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the June 2022 sale, where it rises to 3% below the HPI. The line then continues to track at 3% below the HPI.

How Large is WAYLANDS?

WAYLANDS is 115m² according to the EPC inspection conducted in April 2014. This puts it in the smallest 40% of detached houses in Plymtree, based on EPC data. The below chart shows the distribution of detached houses by size in Plymtree, and where WAYLANDS lies on this distribution: 33% of detached houses are smaller than WAYLANDS, and 68% of houses are larger. Note that EPC data is not available for all properties in Plymtree.

WAYLANDS: Plot and Title Map

WAYLANDS sits on a plot of roughly 0.162 of an acre, or 657m². The below map shows the location of WAYLANDS, 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 WAYLANDS). 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 WAYLANDS?

WAYLANDS is located in PLYMTREE, in the EX15 postcode district. The below map shows the position of WAYLANDS in PLYMTREE.