WESTWAIE, ZEAL MONACHORUM, CREDITON, EX17 6DF - £495,000

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

WESTWAIE is a small detached house of 115m², built sometime between 1930 and 1949. It was last sold for £495,000 in September 2021, which was around 28% above the average September 2021 detached price in the Mid Devon local authority area. The most recent EPC inspection was October 2014, where the current energy rating was E, and the potential energy rating was C.

WESTWAIE Sold Prices

Land registry data shows four sales for WESTWAIE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Mid Devon local authority area for the corresponding sale date. Most of the four WESTWAIE 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 29 SEP	£495,000	£385,605	28% above HPI
2015 27 MAR	£272,500	£299,267	9% below HPI
1999 30 SEP	£115,000	£109,365	5% above HPI
1996 6 AUG	£83,000	£82,395	1% above HPI

WESTWAIE 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 four WESTWAIE sales between August 1996 and September 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 March 2015 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the September 2021 sale, where it rises to 28% above the HPI. The line then continues to track at 28% above the HPI.

How Large is WESTWAIE?

WESTWAIE is 115m² according to the EPC inspection conducted in October 2014. This puts it in the smallest 40% of detached houses in Zeal Monachorum, based on EPC data. The below chart shows the distribution of detached houses by size in Zeal Monachorum, and where WESTWAIE lies on this distribution: 37% of detached houses are smaller than WESTWAIE, and 63% of houses are larger. Note that EPC data is not available for all properties in Zeal Monachorum.

WESTWAIE: Plot and Title Map

WESTWAIE sits on a plot of roughly 0.102 of an acre, or 411m². The below map shows the location of WESTWAIE, 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 WESTWAIE). 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 WESTWAIE?

WESTWAIE is located in ZEAL MONACHORUM, in the EX17 postcode district. The below map shows the position of WESTWAIE in ZEAL MONACHORUM.