10, REDLAND WAY, CULLOMPTON, EX15 1GJ - £515,000

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

10 REDLAND WAY is a very large detached house of 158m², which could now be worth an estimated £509,610. It was last sold for £515,000 in June 2024, which was around 17% above the average June 2024 detached price in the Mid Devon local authority area. The most recent EPC inspection was May 2016, where the current energy rating was B, and the potential energy rating was B.

10 REDLAND WAY Sold Prices

Land registry data shows two sales for 10 REDLAND 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 10 REDLAND WAY 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
2024 14 JUN	£515,000	£439,333	17% above HPI
2016 30 JUN	£367,500	£320,988	14% above HPI

10 REDLAND 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 10 REDLAND WAY sales from June 2016 and June 2024 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 2016 sale was for 14% above the HPI. So the extrapolation line tracks at 14% above the HPI over time, until the June 2024 sale, where it rises to 17% above the HPI. The line then continues to track at 17% above the HPI.

What might 10 REDLAND WAY be worth now?

10 REDLAND WAY might now be worth an estimated £509,610.

This is based on house price deflation of 1%, between June 2024 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 1% deflationary decrease is applied to the most recent sale price for 10 REDLAND WAY of £515,000 on 14th June 2024. For the value to have decreased from £515,000 to £509,610 over the six months to December 2024, the following assumptions must hold true:

• The value of 10 REDLAND WAY has moved in line with the HPI for detached houses in the Mid Devon local authority area.
• The June 2024 sale price of £515,000 represented a fair market value for the property.
• The size, condition, and specification of 10 REDLAND WAY has not materially changed since June 2024.

How Large is 10 REDLAND WAY?

10 REDLAND WAY is 158m² according to the EPC inspection conducted in May 2016. This puts it in the largest 10% 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 10 REDLAND WAY lies on this distribution: 91% of detached houses houses are smaller than 10 REDLAND WAY, and 8% of houses are larger. Note that EPC data is not available for all properties in Cullompton.

10 REDLAND WAY: Plot and Title Map

10 REDLAND WAY sits on a plot of roughly 0.103 of an acre, or 416m². The below map shows the location of 10 REDLAND 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 10 REDLAND 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 10 REDLAND WAY?

10 REDLAND WAY is located in CULLOMPTON, in the EX15 postcode district. The below map shows the position of No. 10 on REDLAND WAY.