WILLOW PARK, BARROW ROAD, PAYHEMBURY, HONITON, EX14 3HX - £585,000

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

WILLOW PARK is a midsized extended detached house of 118m², built sometime between 1950 and 1966. It was last sold for £585,000 in September 2023, which was around 10% above the average September 2023 detached price in the East Devon local authority area. The most recent EPC inspection was March 2023, where the current energy rating was D, and the potential energy rating was C.

WILLOW PARK Sold Prices

Land registry data shows two sales for WILLOW PARK since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the East Devon local authority area for the corresponding sale date. One of the two WILLOW PARK sales was for above the average price, whilst the other was 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
2023 7 SEP	£585,000	£530,523	10% above HPI
2016 16 MAY	£365,000	£370,398	1% below HPI

WILLOW PARK 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 two WILLOW PARK sales from May 2016 and September 2023 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 May 2016 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the September 2023 sale, where it rises to 10% above the HPI. The line then continues to track at 10% above the HPI.

How Large is WILLOW PARK?

WILLOW PARK is 118m², which includes one extension, according to the EPC inspection conducted in March 2023. This puts it in the largest 50% of detached houses in Payhembury, based on EPC data. The below chart shows the distribution of detached houses by size in Payhembury, and where WILLOW PARK lies on this distribution: 51% of detached houses are smaller than WILLOW PARK, and 49% of houses are larger. Note that EPC data is not available for all properties in Payhembury.

WILLOW PARK: Plot and Title Map

WILLOW PARK sits on a plot of roughly 0.240 of an acre, or 972m². The below map shows the location of WILLOW PARK, 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 WILLOW PARK). 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 WILLOW PARK?

WILLOW PARK is located on BARROW ROAD in PAYHEMBURY, in the EX14 postcode district. The below map shows the position of WILLOW PARK on BARROW ROAD.