LAUREL DENE, SHORTLANDS LANE, CULLOMPTON, EX15 1HG - £379,000

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

LAUREL DENE is a very small extended detached house of 75m², built sometime between 1967 and 1975. It was last sold for £379,000 in October 2023, which was around 13% below the average October 2023 detached price in the Mid Devon local authority area. The most recent EPC inspection was October 2019, where the current energy rating was D, and the potential energy rating was B.

LAUREL DENE Sold Prices

Land registry data shows three sales for LAUREL DENE 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 LAUREL DENE 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
2023 2 OCT	£379,000	£435,790	13% below HPI
2020 1 DEC	£329,000	£360,757	9% below HPI
2006 21 FEB	£168,000	£247,379	32% below HPI

LAUREL DENE 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 LAUREL DENE sales between February 2006 and October 2023 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 December 2020 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the October 2023 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.

How Large is LAUREL DENE?

LAUREL DENE is 75m², which includes one extension, according to the EPC inspection conducted in October 2019. This puts it in the smallest 20% of detached houses in Cullompton, based on EPC data. The below chart shows the distribution of detached houses by size in Cullompton, and where LAUREL DENE lies on this distribution: 10% of detached houses are smaller than LAUREL DENE, and 89% of houses are larger. Note that EPC data is not available for all properties in Cullompton.

LAUREL DENE: Plot and Title Map

LAUREL DENE sits on a plot of roughly 0.150 of an acre, or 607m². The below map shows the location of LAUREL DENE, 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 LAUREL DENE). 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 LAUREL DENE?

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