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
9 LANCASTER CLOSE is a midsized detached house of 112m², built sometime between 1996 and 2002. It was last sold for £367,500 in June 2024, which was around 15% below the average June 2024 detached price in the Mid Devon local authority area. The most recent EPC inspection was August 2023, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows five sales for 9 LANCASTER CLOSE since 1st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Mid Devon local authority area for the corresponding sale date. All of the five 9 LANCASTER CLOSE 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 |
---|---|---|---|
2024 17 JUN | £367,500 | £430,547 | 15% below HPI |
2010 22 JUN | £230,000 | £273,407 | 16% below HPI |
2005 25 MAY | £221,000 | £241,085 | 8% below HPI |
2004 16 JAN | £199,500 | £223,940 | 11% below HPI |
2002 22 FEB | £138,950 | £154,384 | 10% below HPI |
The below graph shows the average detached house price in the Mid Devon local authority area over time, sourced from the HPI. The five 9 LANCASTER CLOSE sales between February 2002 and June 2024 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 June 2010 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the June 2024 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.
9 LANCASTER CLOSE is 112m² according to the EPC inspection conducted in August 2023. This puts it in the largest 50% of detached houses in Cullompton, based on EPC data. The below chart shows the distribution of detached houses by size in Cullompton, and where 9 LANCASTER CLOSE lies on this distribution: 55% of detached houses are smaller than 9 LANCASTER CLOSE, and 41% of houses are larger. Note that EPC data is not available for all properties in Cullompton.
9 LANCASTER CLOSE sits on a plot of roughly 0.053 of an acre, or 216m². The below map shows the location of 9 LANCASTER CLOSE, 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 9 LANCASTER CLOSE). 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.
9 LANCASTER CLOSE is located in CULLOMPTON, in the EX15 postcode district. The below map shows the position of No. 9 on LANCASTER CLOSE.