1, GRENVILLE WAY, CULLOMPTON, EX15 1FH - £377,500

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

1 GRENVILLE WAY is a small detached house of 94m², built sometime between 2007 and 2011, which could now be worth an estimated £360,050. It was last sold for £377,500 in July 2022, which was around 15% below the average July 2022 detached price in the Mid Devon local authority area. The most recent EPC inspection was January 2022, where the current energy rating was C, and the potential energy rating was B.

1 GRENVILLE WAY Sold Prices

Land registry data shows two sales for 1 GRENVILLE WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Mid Devon local authority area for the corresponding sale date. Both of the two 1 GRENVILLE WAY 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 18 JUL	£377,500	£442,150	15% below HPI
2009 26 JUN	£208,000	£261,567	20% below HPI

1 GRENVILLE WAY 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 two 1 GRENVILLE WAY sales from June 2009 and July 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 June 2009 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the July 2022 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.

What might 1 GRENVILLE WAY be worth now?

1 GRENVILLE WAY might now be worth an estimated £360,050.

This is based on house price deflation of 4.6%, between July 2022 and February 2025, for detached houses, in the Mid Devon local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 4.6% deflationary decrease is applied to the most recent sale price for 1 GRENVILLE WAY of £377,500 on 18th July 2022. For the value to have decreased from £377,500 to £360,050 over the three years and five months to February 2025, the following assumptions must hold true:

• The value of 1 GRENVILLE WAY has moved in line with the HPI for detached houses in the Mid Devon local authority area.
• The July 2022 sale price of £377,500 represented a fair market value for the property.
• The size, condition, and specification of 1 GRENVILLE WAY has not materially changed since July 2022.

How Large is 1 GRENVILLE WAY?

1 GRENVILLE WAY is 94m² according to the EPC inspection conducted in January 2022. This puts it in the smallest 30% of detached houses houses in Cullompton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Cullompton, and where 1 GRENVILLE WAY lies on this distribution: 29% of detached houses houses are smaller than 1 GRENVILLE WAY, and 70% of houses are larger. Note that EPC data is not available for all properties in Cullompton.

1 GRENVILLE WAY: Plot and Title Map

1 GRENVILLE WAY sits on a plot of roughly 0.057 of an acre, or 229m². The below map shows the location of 1 GRENVILLE WAY, 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 1 GRENVILLE WAY). 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 1 GRENVILLE WAY?

1 GRENVILLE WAY is located in CULLOMPTON, in the EX15 postcode district. The below map shows the position of No. 1 on GRENVILLE WAY.