43, CULM LEA, CULLOMPTON, EX15 1NJ - £325,000

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

43 CULM LEA is a very small detached house of 77m², built sometime between 1983 and 1990. It was last sold for £325,000 in August 2023, which was around 27% below the average August 2023 detached price in the Mid Devon local authority area. The most recent EPC inspection was October 2016, where the current energy rating was C, and the potential energy rating was B.

43 CULM LEA Sold Prices

Land registry data shows three sales for 43 CULM LEA 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 43 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
2023 4 AUG	£325,000	£444,144	27% below HPI
2016 14 DEC	£240,000	£320,026	25% below HPI
2013 19 DEC	£190,000	£276,337	31% below HPI

43 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 three 43 CULM LEA sales between December 2013 and August 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 December 2016 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the August 2023 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is 43 CULM LEA?

43 CULM LEA is 77m² according to the EPC inspection conducted in October 2016. This puts it in the smallest 20% of detached houses in Stoneyford, based on EPC data. The below chart shows the distribution of detached houses by size in Stoneyford, and where 43 CULM LEA lies on this distribution: 17% of detached houses are smaller than 43 CULM LEA, and 79% of houses are larger. Note that EPC data is not available for all properties in Stoneyford.

43 CULM LEA: Plot and Title Map

43 CULM LEA sits on a plot of roughly 0.070 of an acre, or 282m². The below map shows the location of 43 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 43 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 43 CULM LEA?

43 CULM LEA is located in CULLOMPTON, in the EX15 postcode district. The below map shows the position of No. 43 on CULM LEA.