1, KNOWLE CLOSE, CULLOMPTON, EX15 1TF - £330,000

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

1 KNOWLE CLOSE is a small detached house of 94m², built sometime between 1983 and 1990, which could now be worth an estimated £399,201. It was last sold for £330,000 in February 2020, which was around 8% below the average February 2020 detached price in the Mid Devon local authority area. The most recent EPC inspection was September 2019, where the current energy rating was D, and the potential energy rating was B.

1 KNOWLE CLOSE Sold Prices

Land registry data shows two sales for 1 KNOWLE CLOSE 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 KNOWLE CLOSE 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
2020 4 FEB	£330,000	£359,374	8% below HPI
2002 9 OCT	£195,000	£200,685	3% below HPI

1 KNOWLE CLOSE 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 KNOWLE CLOSE sales from October 2002 and February 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 2002 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the February 2020 sale, where it falls to 8% below the HPI. The line then continues to track at 8% below the HPI.

What might 1 KNOWLE CLOSE be worth now?

1 KNOWLE CLOSE might now be worth an estimated £399,201.

This is based on house price inflation of 21%, between February 2020 and December 2024, 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 21% inflationary increase is applied to the most recent sale price for 1 KNOWLE CLOSE of £330,000 on 4th February 2020. For the value to have increased from £330,000 to £399,201 over the three years and two months to December 2024, the following assumptions must hold true:

• The value of 1 KNOWLE CLOSE has moved in line with the HPI for detached houses in the Mid Devon local authority area.
• The February 2020 sale price of £330,000 represented a fair market value for the property.
• The size, condition, and specification of 1 KNOWLE CLOSE has not materially changed since February 2020.

How Large is 1 KNOWLE CLOSE?

1 KNOWLE CLOSE is 94m² according to the EPC inspection conducted in September 2019. 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 KNOWLE CLOSE lies on this distribution: 29% of detached houses houses are smaller than 1 KNOWLE CLOSE, and 70% of houses are larger. Note that EPC data is not available for all properties in Cullompton.

1 KNOWLE CLOSE: Plot and Title Map

1 KNOWLE CLOSE sits on a plot of roughly 0.160 of an acre, or 646m². The below map shows the location of 1 KNOWLE CLOSE, 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 KNOWLE CLOSE). 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 KNOWLE CLOSE?

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