15, LANCASTER CLOSE, CULLOMPTON, EX15 1XB - £248,500

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

15 LANCASTER CLOSE is a very large extended detached house of 136m², built sometime between 1996 and 2002. It was last sold for £248,500 in September 2008, which was around 7% below the average September 2008 detached price in the Mid Devon local authority area. The most recent EPC inspection was November 2022, where the current energy rating was C, and the potential energy rating was B.

15 LANCASTER CLOSE Sold Prices

Land registry data shows two sales for 15 LANCASTER 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. One of the two 15 LANCASTER CLOSE sales was for below the average price, whilst the other was 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
2008 19 SEP	£248,500	£266,070	7% below HPI
2002 26 APR	£164,000	£157,687	4% above HPI

15 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 two 15 LANCASTER CLOSE sales from April 2002 and September 2008 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 April 2002 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the September 2008 sale, where it falls to 7% below the HPI. The line then continues to track at 7% below the HPI.

How Large is 15 LANCASTER CLOSE?

15 LANCASTER CLOSE is 136m², which includes one extension, according to the EPC inspection conducted in November 2022. This puts it in the largest 20% of detached houses in Cullompton, based on EPC data. The below chart shows the distribution of detached houses by size in Cullompton, and where 15 LANCASTER CLOSE lies on this distribution: 81% of detached houses are smaller than 15 LANCASTER CLOSE, and 18% of houses are larger. Note that EPC data is not available for all properties in Cullompton.

15 LANCASTER CLOSE: Plot and Title Map

15 LANCASTER CLOSE sits on a plot of roughly 0.075 of an acre, or 302m². The below map shows the location of 15 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 15 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 15 LANCASTER CLOSE?

15 LANCASTER CLOSE is located in CULLOMPTON, in the EX15 postcode district. The below map shows the position of No. 15 on LANCASTER CLOSE.