BETHANY, SHORTLANDS LANE, CULLOMPTON, EX15 1HG - £238,000

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

BETHANY is a very large detached house of 143m², built sometime between 1930 and 1949, which could now be worth an estimated £374,930. It was last sold for £238,000 in January 2012, which was around 14% below the average January 2012 detached price in the Mid Devon local authority area. The most recent EPC inspection was May 2011, where the current energy rating was E, and the potential energy rating was C.

BETHANY Sold Prices

Land registry data shows three sales for BETHANY 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. One of the three BETHANY sales was for below the average price, whilst two 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
2012 13 JAN	£238,000	£275,963	14% below HPI
2001 5 JUL	£207,500	£152,467	36% above HPI
1998 16 JUL	£128,000	£101,677	26% above HPI

BETHANY 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 BETHANY sales between July 1998 and January 2012 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 2001 sale was for 36% above the HPI. So the extrapolation line tracks at 36% above the HPI over time, until the January 2012 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

What might BETHANY be worth now?

BETHANY might now be worth an estimated £374,930.

This is based on house price inflation of 57.5%, between January 2012 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 57.5% inflationary increase is applied to the most recent sale price for BETHANY of £238,000 on 13th January 2012. For the value to have increased from £238,000 to £374,930 over the eleven years and one month to December 2024, the following assumptions must hold true:

• The value of BETHANY has moved in line with the HPI for detached houses in the Mid Devon local authority area.
• The January 2012 sale price of £238,000 represented a fair market value for the property.
• The size, condition, and specification of BETHANY has not materially changed since January 2012.

How Large is BETHANY?

BETHANY is 143m² according to the EPC inspection conducted in May 2011. This puts it in the largest 20% 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 BETHANY lies on this distribution: 87% of detached houses houses are smaller than BETHANY, and 13% of houses are larger. Note that EPC data is not available for all properties in Cullompton.

BETHANY: Plot and Title Map

BETHANY sits on a plot of roughly 0.170 of an acre, or 686m². The below map shows the location of BETHANY, 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 BETHANY). 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 BETHANY?

BETHANY is located on SHORTLANDS LANE in CULLOMPTON, in the EX15 postcode district. The below map shows the position of BETHANY on SHORTLANDS LANE.