16, GREAT CLOSE, CULMSTOCK, CULLOMPTON, EX15 3HQ - £295,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

16 GREAT CLOSE is a very small detached house of 87m², built sometime between 1976 and 1982. It was last sold for £295,000 in September 2020, which was around 18% below the average September 2020 detached price in the Mid Devon local authority area. The most recent EPC inspection was June 2019, where the current energy rating was F, and the potential energy rating was D.

16 GREAT CLOSE Sold Prices

Land registry data shows three sales for 16 GREAT CLOSE 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 16 GREAT CLOSE 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
2020 24 SEP	£295,000	£360,124	18% below HPI
2000 27 JAN	£97,500	£112,378	13% below HPI
1997 24 FEB	£63,500	£82,067	23% below HPI

16 GREAT 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 three 16 GREAT CLOSE sales between February 1997 and September 2020 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 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the September 2020 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is 16 GREAT CLOSE?

16 GREAT CLOSE is 87m² according to the EPC inspection conducted in June 2019. This puts it in the smallest 20% of detached houses in Culmstock, based on EPC data. The below chart shows the distribution of detached houses by size in Culmstock, and where 16 GREAT CLOSE lies on this distribution: 13% of detached houses are smaller than 16 GREAT CLOSE, and 87% of houses are larger. Note that EPC data is not available for all properties in Culmstock.

16 GREAT CLOSE: Plot and Title Map

16 GREAT CLOSE sits on a plot of roughly 0.105 of an acre, or 425m². The below map shows the location of 16 GREAT 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 16 GREAT 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 16 GREAT CLOSE?

16 GREAT CLOSE is located in CULMSTOCK, in the EX15 postcode district. The below map shows the position of No. 16 on GREAT CLOSE.