1, MEADOW LANE, CULLOMPTON, EX15 1LL - £221,500

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 MEADOW LANE is a large extended detached house of 115m², built sometime between 1983 and 1990, which could now be worth an estimated £395,646. It was last sold for £221,500 in May 2004, which was around 9% below the average May 2004 detached price in the Mid Devon local authority area. The most recent EPC inspection was July 2012, where the current energy rating was D, and the potential energy rating was B.

1 MEADOW LANE Sold Prices

Land registry data shows three sales for 1 MEADOW LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Mid Devon local authority area for the corresponding sale date. All of the three 1 MEADOW LANE 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
2004 10 MAY	£221,500	£243,384	9% below HPI
2000 21 JAN	£103,000	£116,333	11% below HPI
1997 17 OCT	£84,000	£97,594	14% below HPI

1 MEADOW LANE 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 three 1 MEADOW LANE sales between October 1997 and May 2004 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 January 2000 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the May 2004 sale, where it rises to 9% below the HPI. The line then continues to track at 9% below the HPI.

What might 1 MEADOW LANE be worth now?

1 MEADOW LANE might now be worth an estimated £395,646.

This is based on house price inflation of 78.6%, between May 2004 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 78.6% inflationary increase is applied to the most recent sale price for 1 MEADOW LANE of £221,500 on 10th May 2004. For the value to have increased from £221,500 to £395,646 over the nineteen years and five months to December 2024, the following assumptions must hold true:

• The value of 1 MEADOW LANE has moved in line with the HPI for detached houses in the Mid Devon local authority area.
• The May 2004 sale price of £221,500 represented a fair market value for the property.
• The size, condition, and specification of 1 MEADOW LANE has not materially changed since May 2004.

How Large is 1 MEADOW LANE?

1 MEADOW LANE is 115m², which includes one extension, according to the EPC inspection conducted in July 2012. This puts it in the largest 40% 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 MEADOW LANE lies on this distribution: 64% of detached houses houses are smaller than 1 MEADOW LANE, and 35% of houses are larger. Note that EPC data is not available for all properties in Cullompton.

1 MEADOW LANE: Plot and Title Map

1 MEADOW LANE sits on a plot of roughly 0.086 of an acre, or 348m². The below map shows the location of 1 MEADOW LANE, 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 MEADOW LANE). 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 MEADOW LANE?

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