24, LARKS RISE, CULLOMPTON, EX15 1UT - £244,000

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

24 LARKS RISE is a very small detached house of 80m², built sometime between 1996 and 2002, which could now be worth an estimated £307,798. It was last sold for £244,000 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 April 2017, where the current energy rating was D, and the potential energy rating was B.

24 LARKS RISE Sold Prices

Land registry data shows three sales for 24 LARKS RISE 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 24 LARKS RISE 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 8 AUG	£244,000	£344,626	29% below HPI
2006 17 MAR	£194,000	£265,142	27% below HPI
1999 8 OCT	£83,000	£112,803	26% below HPI

24 LARKS RISE 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 24 LARKS RISE sales between October 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 March 2006 sale was for 27% below the HPI. So the extrapolation line tracks at 27% 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.

What might 24 LARKS RISE be worth now?

24 LARKS RISE might now be worth an estimated £307,798.

This is based on house price inflation of 26.1%, between August 2017 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 26.1% inflationary increase is applied to the most recent sale price for 24 LARKS RISE of £244,000 on 8th August 2017. For the value to have increased from £244,000 to £307,798 over the six years and eight months to December 2024, the following assumptions must hold true:

• The value of 24 LARKS RISE has moved in line with the HPI for detached houses in the Mid Devon local authority area.
• The August 2017 sale price of £244,000 represented a fair market value for the property.
• The size, condition, and specification of 24 LARKS RISE has not materially changed since August 2017.

How Large is 24 LARKS RISE?

24 LARKS RISE is 80m² according to the EPC inspection conducted in April 2017. This puts it in the smallest 20% of detached houses houses in Cullompton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Cullompton, and where 24 LARKS RISE lies on this distribution: 13% of detached houses houses are smaller than 24 LARKS RISE, and 86% of houses are larger. Note that EPC data is not available for all properties in Cullompton.

24 LARKS RISE: Plot and Title Map

24 LARKS RISE sits on a plot of roughly 0.060 of an acre, or 244m². The below map shows the location of 24 LARKS RISE, 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 24 LARKS RISE). 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 24 LARKS RISE?

24 LARKS RISE is located in CULLOMPTON, in the EX15 postcode district. The below map shows the position of No. 24 on LARKS RISE.