2, NORMAN DRIVE, CULLOMPTON, EX15 1XQ - £238,000

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

2 NORMAN DRIVE is a very small extended detached house of 75m², built sometime between 1996 and 2002. It was last sold for £238,000 in August 2017, which was around 29% below the average August 2017 detached price in the Mid Devon local authority area. The most recent EPC inspection was June 2009, where the current energy rating was C, and the potential energy rating was C.

2 NORMAN DRIVE Sold Prices

Land registry data shows four sales for 2 NORMAN DRIVE 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 2 NORMAN DRIVE 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
2017 14 AUG	£238,000	£332,911	29% below HPI
2007 29 JUN	£207,500	£275,429	25% below HPI
2001 4 MAY	£101,000	£142,061	29% below HPI
1999 9 DEC	£82,500	£110,993	26% below HPI

2 NORMAN DRIVE 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 2 NORMAN DRIVE sales between December 1999 and August 2017 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 2007 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the August 2017 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is 2 NORMAN DRIVE?

2 NORMAN DRIVE is 75m², which includes one extension, according to the EPC inspection conducted in June 2009. This puts it in the smallest 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 2 NORMAN DRIVE lies on this distribution: 11% of detached houses are smaller than 2 NORMAN DRIVE, and 89% of houses are larger. Note that EPC data is not available for all properties in Cullompton.

2 NORMAN DRIVE: Plot and Title Map

2 NORMAN DRIVE sits on a plot of roughly 0.064 of an acre, or 259m². The below map shows the location of 2 NORMAN DRIVE, 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 2 NORMAN DRIVE). 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 2 NORMAN DRIVE?

2 NORMAN DRIVE is located in CULLOMPTON, in the EX15 postcode district. The below map shows the position of No. 2 on NORMAN DRIVE.