16, LANCASTER CLOSE, CULLOMPTON, EX15 1XB - £398,995

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

16 LANCASTER CLOSE is a small detached house of 97m², built sometime between 1996 and 2002. It was last sold for £398,995 in August 2022, which was around 9% below the average August 2022 detached price in the Mid Devon local authority area. The most recent EPC inspection was January 2020, where the current energy rating was D, and the potential energy rating was B.

16 LANCASTER CLOSE Sold Prices

Land registry data shows five sales for 16 LANCASTER CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Mid Devon local authority area for the corresponding sale date. All of the five 16 LANCASTER 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
2022 26 AUG	£398,995	£437,618	9% below HPI
2020 15 JUN	£306,000	£348,021	12% below HPI
2014 5 DEC	£225,000	£291,123	23% below HPI
2006 22 AUG	£224,950	£261,167	14% below HPI
2000 14 NOV	£122,950	£135,622	9% below HPI

16 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 five 16 LANCASTER CLOSE sales between November 2000 and August 2022 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 2020 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the August 2022 sale, where it rises to 9% below the HPI. The line then continues to track at 9% below the HPI.

How Large is 16 LANCASTER CLOSE?

16 LANCASTER CLOSE is 97m² according to the EPC inspection conducted in January 2020. This puts it in the smallest 40% of detached houses in Cullompton, based on EPC data. The below chart shows the distribution of detached houses by size in Cullompton, and where 16 LANCASTER CLOSE lies on this distribution: 33% of detached houses are smaller than 16 LANCASTER CLOSE, and 65% of houses are larger. Note that EPC data is not available for all properties in Cullompton.

16 LANCASTER CLOSE: Plot and Title Map

16 LANCASTER CLOSE sits on a plot of roughly 0.079 of an acre, or 319m². The below map shows the location of 16 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 16 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 16 LANCASTER CLOSE?

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