18, CULM LEA, CULLOMPTON, EX15 1NJ - £200,000

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

18 CULM LEA is a midsized extended detached house of 116m², built sometime between 1983 and 1990, which could now be worth an estimated £311,069. It was last sold for £200,000 in November 2012, which was around 28% below the average November 2012 detached price in the Mid Devon local authority area. The most recent EPC inspection was July 2020, where the current energy rating was D, and the potential energy rating was C.

18 CULM LEA Sold Prices

Land registry data shows four sales for 18 CULM LEA since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Mid Devon local authority area for the corresponding sale date. All of the four 18 CULM LEA 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
2012 8 NOV	£200,000	£279,510	28% below HPI
2007 22 MAY	£237,500	£278,154	15% below HPI
1999 6 DEC	£98,500	£114,898	14% below HPI
1998 20 NOV	£85,750	£107,009	20% below HPI

18 CULM LEA 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 four 18 CULM LEA sales between November 1998 and November 2012 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 2007 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the November 2012 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

What might 18 CULM LEA be worth now?

18 CULM LEA might now be worth an estimated £311,069.

This is based on house price inflation of 55.5%, between November 2012 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 55.5% inflationary increase is applied to the most recent sale price for 18 CULM LEA of £200,000 on 8th November 2012. For the value to have increased from £200,000 to £311,069 over the eleven years and eleven months to December 2024, the following assumptions must hold true:

• The value of 18 CULM LEA has moved in line with the HPI for detached houses in the Mid Devon local authority area.
• The November 2012 sale price of £200,000 represented a fair market value for the property.
• The size, condition, and specification of 18 CULM LEA has not materially changed since November 2012.

How Large is 18 CULM LEA?

18 CULM LEA is 116m², which includes two extensions, according to the EPC inspection conducted in July 2020. This puts it in the largest 50% of detached houses houses in Stoneyford, based on EPC data. The below chart shows the distribution of detached houses houses by size in Stoneyford, and where 18 CULM LEA lies on this distribution: 48% of detached houses houses are smaller than 18 CULM LEA, and 50% of houses are larger. Note that EPC data is not available for all properties in Stoneyford.

18 CULM LEA: Plot and Title Map

18 CULM LEA sits on a plot of roughly 0.072 of an acre, or 290m². The below map shows the location of 18 CULM LEA, 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 18 CULM LEA). 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 18 CULM LEA?

18 CULM LEA is located in CULLOMPTON, in the EX15 postcode district. The below map shows the position of No. 18 on CULM LEA.