12, POUND SQUARE, CULLOMPTON, EX15 1DN - £174,950

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

12 POUND SQUARE is a large extended detached house of 118m², built sometime before 1900, which could now be worth an estimated £291,682. It was last sold for £174,950 in July 2006, which was around 33% below the average July 2006 detached price in the Mid Devon local authority area. The most recent EPC inspection was September 2023, where the current energy rating was D, and the potential energy rating was C.

12 POUND SQUARE Sold Prices

Land registry data shows three sales for 12 POUND SQUARE 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 12 POUND SQUARE 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
2006 21 JUL	£174,950	£260,753	33% below HPI
2001 11 MAY	£128,000	£147,060	13% below HPI
1999 30 JUL	£71,500	£109,771	35% below HPI

12 POUND SQUARE 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 12 POUND SQUARE sales between July 1999 and July 2006 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 2001 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the July 2006 sale, where it falls to 33% below the HPI. The line then continues to track at 33% below the HPI.

What might 12 POUND SQUARE be worth now?

12 POUND SQUARE might now be worth an estimated £291,682.

This is based on house price inflation of 66.7%, between July 2006 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 66.7% inflationary increase is applied to the most recent sale price for 12 POUND SQUARE of £174,950 on 21st July 2006. For the value to have increased from £174,950 to £291,682 over the seventeen years and seven months to December 2024, the following assumptions must hold true:

• The value of 12 POUND SQUARE has moved in line with the HPI for detached houses in the Mid Devon local authority area.
• The July 2006 sale price of £174,950 represented a fair market value for the property.
• The size, condition, and specification of 12 POUND SQUARE has not materially changed since July 2006.

How Large is 12 POUND SQUARE?

12 POUND SQUARE is 118m², which includes two extensions, according to the EPC inspection conducted in September 2023. 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 12 POUND SQUARE lies on this distribution: 67% of detached houses houses are smaller than 12 POUND SQUARE, and 31% of houses are larger. Note that EPC data is not available for all properties in Cullompton.

12 POUND SQUARE: Plot and Title Map

12 POUND SQUARE sits on a plot of roughly 0.080 of an acre, or 322m². The below map shows the location of 12 POUND SQUARE, 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 12 POUND SQUARE). 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 12 POUND SQUARE?

12 POUND SQUARE is located in CULLOMPTON, in the EX15 postcode district. The below map shows the position of No. 12 on POUND SQUARE.