24, SAXON WAY, CULLOMPTON, EX15 1XD - £285,000

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 SAXON WAY is a large extended detached house of 115m², built sometime between 1991 and 1995, which could now be worth an estimated £359,519. It was last sold for £285,000 in August 2017, which was around 17% below the average August 2017 detached price in the Mid Devon local authority area. The most recent EPC inspection was May 2017, where the current energy rating was C, and the potential energy rating was B.

24 SAXON WAY Sold Prices

Land registry data shows four sales for 24 SAXON WAY 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 24 SAXON WAY 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 21 AUG	£285,000	£344,626	17% below HPI
2006 6 JUL	£220,000	£260,753	16% below HPI
2002 29 AUG	£175,500	£190,286	8% below HPI
2001 30 NOV	£139,995	£160,542	13% below HPI

24 SAXON WAY 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 24 SAXON WAY sales between November 2001 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 July 2006 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the August 2017 sale, where it falls to 17% below the HPI. The line then continues to track at 17% below the HPI.

What might 24 SAXON WAY be worth now?

24 SAXON WAY might now be worth an estimated £359,519.

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 SAXON WAY of £285,000 on 21st August 2017. For the value to have increased from £285,000 to £359,519 over the six years and eight months to December 2024, the following assumptions must hold true:

• The value of 24 SAXON WAY has moved in line with the HPI for detached houses in the Mid Devon local authority area.
• The August 2017 sale price of £285,000 represented a fair market value for the property.
• The size, condition, and specification of 24 SAXON WAY has not materially changed since August 2017.

How Large is 24 SAXON WAY?

24 SAXON WAY is 115m², which includes one extension, according to the EPC inspection conducted in May 2017. This puts it in the largest 40% 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 SAXON WAY lies on this distribution: 64% of detached houses houses are smaller than 24 SAXON WAY, and 35% of houses are larger. Note that EPC data is not available for all properties in Cullompton.

24 SAXON WAY: Plot and Title Map

24 SAXON WAY sits on a plot of roughly 0.053 of an acre, or 213m². The below map shows the location of 24 SAXON WAY, 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 SAXON WAY). 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 SAXON WAY?

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