56, CAMBRIDGE WAY, CULLOMPTON, EX15 1GQ - £299,950

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

56 CAMBRIDGE WAY is a small detached house of 93m². It was last sold for £299,950 in June 2022, which was around 29% below the average June 2022 detached price in the Mid Devon local authority area. The most recent EPC inspection was April 2014, where the current energy rating was B, and the potential energy rating was A.

56 CAMBRIDGE WAY Sold Prices

Land registry data shows four sales for 56 CAMBRIDGE 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 56 CAMBRIDGE 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
2022 1 JUN	£299,950	£423,361	29% below HPI
2018 17 AUG	£270,000	£345,118	22% below HPI
2015 27 NOV	£249,950	£312,679	20% below HPI
2015 1 MAY	£245,000	£294,668	17% below HPI

56 CAMBRIDGE 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 56 CAMBRIDGE WAY sales between May 2015 and June 2022 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 2018 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the June 2022 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is 56 CAMBRIDGE WAY?

56 CAMBRIDGE WAY is 93m² according to the EPC inspection conducted in April 2014. This puts it in the smallest 30% of detached houses in Cullompton, based on EPC data. The below chart shows the distribution of detached houses by size in Cullompton, and where 56 CAMBRIDGE WAY lies on this distribution: 29% of detached houses are smaller than 56 CAMBRIDGE WAY, and 70% of houses are larger. Note that EPC data is not available for all properties in Cullompton.

56 CAMBRIDGE WAY: Plot and Title Map

56 CAMBRIDGE WAY sits on a plot of roughly 0.044 of an acre, or 178m². The below map shows the location of 56 CAMBRIDGE 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 56 CAMBRIDGE 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 56 CAMBRIDGE WAY?

56 CAMBRIDGE WAY is located in CULLOMPTON, in the EX15 postcode district. The below map shows the position of No. 56 on CAMBRIDGE WAY.