3, STONES PLACE, CULLOMPTON, EX15 1BL - £355,000

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

3 STONES PLACE is a large extended detached house of 120m², built sometime between 1950 and 1966, which could now be worth an estimated £325,206. It was last sold for £355,000 in June 2023, which was around 23% below the average June 2023 detached price in the Mid Devon local authority area. The most recent EPC inspection was February 2022, where the current energy rating was E, and the potential energy rating was C.

3 STONES PLACE Sold Prices

Land registry data shows two sales for 3 STONES PLACE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Mid Devon local authority area for the corresponding sale date. Both of the two 3 STONES PLACE 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
2023 16 JUN	£355,000	£460,347	23% below HPI
2012 18 OCT	£249,950	£279,492	11% below HPI

3 STONES PLACE 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 two 3 STONES PLACE sales from October 2012 and June 2023 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 October 2012 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the June 2023 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.

What might 3 STONES PLACE be worth now?

3 STONES PLACE might now be worth an estimated £325,206.

This is based on house price deflation of 8.4%, between June 2023 and February 2025, 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 8.4% deflationary decrease is applied to the most recent sale price for 3 STONES PLACE of £355,000 on 16th June 2023. For the value to have decreased from £355,000 to £325,206 over the two years and four months to February 2025, the following assumptions must hold true:

• The value of 3 STONES PLACE has moved in line with the HPI for detached houses in the Mid Devon local authority area.
• The June 2023 sale price of £355,000 represented a fair market value for the property.
• The size, condition, and specification of 3 STONES PLACE has not materially changed since June 2023.

How Large is 3 STONES PLACE?

3 STONES PLACE is 120m², which includes two extensions, according to the EPC inspection conducted in February 2022. This puts it in the largest 30% 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 3 STONES PLACE lies on this distribution: 70% of detached houses houses are smaller than 3 STONES PLACE, and 29% of houses are larger. Note that EPC data is not available for all properties in Cullompton.

3 STONES PLACE: Plot and Title Map

3 STONES PLACE sits on a plot of roughly 0.174 of an acre, or 704m². The below map shows the location of 3 STONES PLACE, 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 3 STONES PLACE). 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 3 STONES PLACE?

3 STONES PLACE is located in CULLOMPTON, in the EX15 postcode district. The below map shows the position of No. 3 on STONES PLACE.