7, CROSS PARKS, CULLOMPTON, EX15 1UR - £312,500

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

7 CROSS PARKS is a small detached house of 102m², built sometime between 1996 and 2002, which could now be worth an estimated £344,877. It was last sold for £312,500 in January 2021, which was around 18% below the average January 2021 detached price in the Mid Devon local authority area. The most recent EPC inspection was September 2020, where the current energy rating was D, and the potential energy rating was B.

7 CROSS PARKS Sold Prices

Land registry data shows three sales for 7 CROSS PARKS 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 7 CROSS PARKS 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 14 JAN	£312,500	£382,122	18% below HPI
2006 2 OCT	£229,950	£283,601	19% below HPI
1998 23 OCT	£91,950	£105,353	13% below HPI

7 CROSS PARKS 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 7 CROSS PARKS sales between October 1998 and January 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 October 2006 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the January 2021 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.

What might 7 CROSS PARKS be worth now?

7 CROSS PARKS might now be worth an estimated £344,877.

This is based on house price inflation of 10.4%, between January 2021 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 10.4% inflationary increase is applied to the most recent sale price for 7 CROSS PARKS of £312,500 on 14th January 2021. For the value to have increased from £312,500 to £344,877 over the three years and eleven months to February 2025, the following assumptions must hold true:

• The value of 7 CROSS PARKS has moved in line with the HPI for detached houses in the Mid Devon local authority area.
• The January 2021 sale price of £312,500 represented a fair market value for the property.
• The size, condition, and specification of 7 CROSS PARKS has not materially changed since January 2021.

How Large is 7 CROSS PARKS?

7 CROSS PARKS is 102m² according to the EPC inspection conducted in September 2020. This puts it in the smallest 40% 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 7 CROSS PARKS lies on this distribution: 38% of detached houses houses are smaller than 7 CROSS PARKS, and 61% of houses are larger. Note that EPC data is not available for all properties in Cullompton.

7 CROSS PARKS: Plot and Title Map

7 CROSS PARKS sits on a plot of roughly 0.066 of an acre, or 267m². The below map shows the location of 7 CROSS PARKS, 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 7 CROSS PARKS). 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 7 CROSS PARKS?

7 CROSS PARKS is located in CULLOMPTON, in the EX15 postcode district. The below map shows the position of No. 7 on CROSS PARKS.