40, CULM LEA, CULLOMPTON, EX15 1NJ - £295,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

40 CULM LEA is a small extended detached house of 86m², built sometime between 1983 and 1990. It was last sold for £295,000 in September 2021, which was around 23% below the average September 2021 detached price in the Mid Devon local authority area. The most recent EPC inspection was January 2015, where the current energy rating was D, and the potential energy rating was B.

40 CULM LEA Sold Prices

Land registry data shows two sales for 40 CULM LEA 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 40 CULM LEA 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
2021 30 SEP	£295,000	£385,605	23% below HPI
2015 22 MAY	£200,000	£294,668	32% below HPI

40 CULM LEA 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 40 CULM LEA sales from May 2015 and September 2021 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 May 2015 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the September 2021 sale, where it rises to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is 40 CULM LEA?

40 CULM LEA is 86m², which includes one extension, according to the EPC inspection conducted in January 2015. This puts it in the smallest 40% of detached houses in Stoneyford, based on EPC data. The below chart shows the distribution of detached houses by size in Stoneyford, and where 40 CULM LEA lies on this distribution: 31% of detached houses are smaller than 40 CULM LEA, and 69% of houses are larger. Note that EPC data is not available for all properties in Stoneyford.

40 CULM LEA: Plot and Title Map

40 CULM LEA sits on a plot of roughly 0.066 of an acre, or 266m². The below map shows the location of 40 CULM LEA, 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 40 CULM LEA). 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 40 CULM LEA?

40 CULM LEA is located in CULLOMPTON, in the EX15 postcode district. The below map shows the position of No. 40 on CULM LEA.