WHEATCROFT, PAYHEMBURY, HONITON, EX14 3HD - £537,000

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

WHEATCROFT is a large extended detached house of 164m², built sometime between 1930 and 1949, which could now be worth an estimated £656,090. It was last sold for £537,000 in March 2020, which was around 21% above the average March 2020 detached price in the East Devon local authority area. The most recent EPC inspection was August 2016, where the current energy rating was D, and the potential energy rating was C.

WHEATCROFT Sold Prices

Land registry data shows four sales for WHEATCROFT 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. Most of the four WHEATCROFT 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
2020 12 MAR	£537,000	£444,366	21% above HPI
2016 27 OCT	£507,000	£390,470	30% above HPI
2009 31 MAR	£320,000	£296,839	8% above HPI
2006 24 JUL	£265,000	£315,153	16% below HPI

WHEATCROFT 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 WHEATCROFT sales between July 2006 and March 2020 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 2016 sale was for 30% above the HPI. So the extrapolation line tracks at 30% above the HPI over time, until the March 2020 sale, where it falls to 21% above the HPI. The line then continues to track at 21% above the HPI.

What might WHEATCROFT be worth now?

WHEATCROFT might now be worth an estimated £656,090.

This is based on house price inflation of 22.2%, between March 2020 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 22.2% inflationary increase is applied to the most recent sale price for WHEATCROFT of £537,000 on 12th March 2020. For the value to have increased from £537,000 to £656,090 over the three years and three months to December 2024, the following assumptions must hold true:

• The value of WHEATCROFT has moved in line with the HPI for detached houses in the East Devon local authority area.
• The March 2020 sale price of £537,000 represented a fair market value for the property.
• The size, condition, and specification of WHEATCROFT has not materially changed since March 2020.

How Large is WHEATCROFT?

WHEATCROFT is 164m², which includes one extension, according to the EPC inspection conducted in August 2016. This puts it in the largest 30% of detached houses houses in Payhembury, based on EPC data. The below chart shows the distribution of detached houses houses by size in Payhembury, and where WHEATCROFT lies on this distribution: 71% of detached houses houses are smaller than WHEATCROFT, and 29% of houses are larger. Note that EPC data is not available for all properties in Payhembury.

WHEATCROFT: Plot and Title Map

WHEATCROFT sits on a plot of roughly 0.215 of an acre, or 871m². The below map shows the location of WHEATCROFT, 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 WHEATCROFT). 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 WHEATCROFT?

WHEATCROFT is located in PAYHEMBURY, in the EX14 postcode district. The below map shows the position of WHEATCROFT in PAYHEMBURY.