13, LANCASTER CLOSE, CULLOMPTON, EX15 1XB - £400,000

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.

13 LANCASTER CLOSE is a large detached house of 118m², built sometime between 1996 and 2002, which could now be worth an estimated £482,363. It was last sold for £400,000 in July 2018, which was around 14% above the average July 2018 detached price in the Mid Devon local authority area. The most recent EPC inspection was June 2010, where the current energy rating was C, and the potential energy rating was C.

13 LANCASTER CLOSE Sold Prices

Land registry data shows six sales for 13 LANCASTER CLOSE since 1^st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the Mid Devon local authority area for the corresponding sale date. Most of the six 13 LANCASTER CLOSE 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
2018 31 JUL	£400,000	£349,705	14% above HPI
2013 19 NOV	£303,000	£291,840	4% above HPI
2010 25 OCT	£289,000	£286,880	1% above HPI
2007 4 OCT	£303,500	£320,605	5% below HPI
2004 29 OCT	£279,950	£263,277	6% above HPI
2002 9 MAY	£195,000	£174,414	12% above HPI

13 LANCASTER 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 six 13 LANCASTER CLOSE sales between May 2002 and July 2018 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 November 2013 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the July 2018 sale, where it rises to 14% above the HPI. The line then continues to track at 14% above the HPI.

What might 13 LANCASTER CLOSE be worth now?

13 LANCASTER CLOSE might now be worth an estimated £482,363.

This is based on house price inflation of 20.6%, between July 2018 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 20.6% inflationary increase is applied to the most recent sale price for 13 LANCASTER CLOSE of £400,000 on 31st July 2018. For the value to have increased from £400,000 to £482,363 over the seven years and five months to February 2025, the following assumptions must hold true:

• The value of 13 LANCASTER CLOSE has moved in line with the HPI for detached houses in the Mid Devon local authority area.
• The July 2018 sale price of £400,000 represented a fair market value for the property.
• The size, condition, and specification of 13 LANCASTER CLOSE has not materially changed since July 2018.

How Large is 13 LANCASTER CLOSE?

13 LANCASTER CLOSE is 118m² according to the EPC inspection conducted in June 2010. 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 13 LANCASTER CLOSE lies on this distribution: 70% of detached houses houses are smaller than 13 LANCASTER CLOSE, and 30% of houses are larger. Note that EPC data is not available for all properties in Cullompton.

13 LANCASTER CLOSE: Plot and Title Map

13 LANCASTER CLOSE sits on a plot of roughly 0.092 of an acre, or 371m². The below map shows the location of 13 LANCASTER 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 13 LANCASTER 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 13 LANCASTER CLOSE?

13 LANCASTER CLOSE is located in CULLOMPTON, in the EX15 postcode district. The below map shows the position of No. 13 on LANCASTER CLOSE.