8, NORMAN DRIVE, CULLOMPTON, EX15 1XQ - £490,000

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

8 NORMAN DRIVE is a very large detached house of 170m², built sometime between 1996 and 2002, which could now be worth an estimated £448,801. It was last sold for £490,000 in November 2022, which was around 3% above the average November 2022 detached price in the Mid Devon local authority area. The most recent EPC inspection was March 2022, where the current energy rating was C, and the potential energy rating was B.

8 NORMAN DRIVE Sold Prices

Land registry data shows six sales for 8 NORMAN DRIVE since 1^st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the Mid Devon local authority area for the corresponding sale date. All of the six 8 NORMAN DRIVE sales were for above 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 4 NOV	£490,000	£474,643	3% above HPI
2015 24 JUL	£315,000	£305,618	3% above HPI
2005 1 MAR	£270,000	£243,132	11% above HPI
2004 17 DEC	£280,000	£257,719	9% above HPI
2002 23 SEP	£245,000	£195,810	25% above HPI
2000 31 JAN	£162,500	£116,333	40% above HPI

8 NORMAN DRIVE 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 six 8 NORMAN DRIVE sales between January 2000 and November 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 July 2015 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the November 2022 sale, which was also at 3% above the HPI.

What might 8 NORMAN DRIVE be worth now?

8 NORMAN DRIVE might now be worth an estimated £448,801.

This is based on house price deflation of 8.4%, between November 2022 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 8.4% deflationary decrease is applied to the most recent sale price for 8 NORMAN DRIVE of £490,000 on 4th November 2022. For the value to have decreased from £490,000 to £448,801 over the one year and eleven months to December 2024, the following assumptions must hold true:

• The value of 8 NORMAN DRIVE has moved in line with the HPI for detached houses in the Mid Devon local authority area.
• The November 2022 sale price of £490,000 represented a fair market value for the property.
• The size, condition, and specification of 8 NORMAN DRIVE has not materially changed since November 2022.

How Large is 8 NORMAN DRIVE?

8 NORMAN DRIVE is 170m² according to the EPC inspection conducted in March 2022. This puts it in the largest 10% 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 8 NORMAN DRIVE lies on this distribution: 94% of detached houses houses are smaller than 8 NORMAN DRIVE, and 5% of houses are larger. Note that EPC data is not available for all properties in Cullompton.

8 NORMAN DRIVE: Plot and Title Map

8 NORMAN DRIVE sits on a plot of roughly 0.114 of an acre, or 460m². The below map shows the location of 8 NORMAN DRIVE, 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 8 NORMAN DRIVE). 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 8 NORMAN DRIVE?

8 NORMAN DRIVE is located in CULLOMPTON, in the EX15 postcode district. The below map shows the position of No. 8 on NORMAN DRIVE.