4, WHEATFIELD CLOSE, CULLOMPTON, EX15 1RR - £269,000

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

4 WHEATFIELD CLOSE is a very large detached house of 135m², built sometime between 1996 and 2002, which could now be worth an estimated £372,588. It was last sold for £269,000 in August 2015, which was around 14% below the average August 2015 detached price in the Mid Devon local authority area. The most recent EPC inspection was June 2013, where the current energy rating was D, and the potential energy rating was C.

4 WHEATFIELD CLOSE Sold Prices

Land registry data shows four sales for 4 WHEATFIELD CLOSE 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 4 WHEATFIELD CLOSE 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
2015 21 AUG	£269,000	£313,869	14% below HPI
2007 23 AUG	£247,000	£306,874	20% below HPI
2003 17 APR	£198,000	£224,063	12% below HPI
2002 1 FEB	£145,250	£159,816	9% below HPI

4 WHEATFIELD CLOSE 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 4 WHEATFIELD CLOSE sales between February 2002 and August 2015 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 August 2007 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the August 2015 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.

What might 4 WHEATFIELD CLOSE be worth now?

4 WHEATFIELD CLOSE might now be worth an estimated £372,588.

This is based on house price inflation of 38.5%, between August 2015 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 38.5% inflationary increase is applied to the most recent sale price for 4 WHEATFIELD CLOSE of £269,000 on 21st August 2015. For the value to have increased from £269,000 to £372,588 over the eight years and eight months to December 2024, the following assumptions must hold true:

• The value of 4 WHEATFIELD CLOSE has moved in line with the HPI for detached houses in the Mid Devon local authority area.
• The August 2015 sale price of £269,000 represented a fair market value for the property.
• The size, condition, and specification of 4 WHEATFIELD CLOSE has not materially changed since August 2015.

How Large is 4 WHEATFIELD CLOSE?

4 WHEATFIELD CLOSE is 135m² according to the EPC inspection conducted in June 2013. This puts it in the largest 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 4 WHEATFIELD CLOSE lies on this distribution: 81% of detached houses houses are smaller than 4 WHEATFIELD CLOSE, and 19% of houses are larger. Note that EPC data is not available for all properties in Cullompton.

4 WHEATFIELD CLOSE: Plot and Title Map

4 WHEATFIELD CLOSE sits on a plot of roughly 0.087 of an acre, or 354m². The below map shows the location of 4 WHEATFIELD CLOSE, 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 4 WHEATFIELD CLOSE). 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 4 WHEATFIELD CLOSE?

4 WHEATFIELD CLOSE is located in CULLOMPTON, in the EX15 postcode district. The below map shows the position of No. 4 on WHEATFIELD CLOSE.