OAKFIELD, WILLAND ROAD, CULLOMPTON, EX15 1AZ - £540,000

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

OAKFIELD is a very large extended detached house of 211m², built sometime between 1900 and 1929. It was last sold for £540,000 in June 2022, which was around 28% above the average June 2022 detached price in the Mid Devon local authority area. The most recent EPC inspection was January 2022, where the current energy rating was D, and the potential energy rating was C.

OAKFIELD Sold Prices

Land registry data shows three sales for OAKFIELD 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 OAKFIELD 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 15 JUN	£540,000	£423,361	28% above HPI
2011 19 APR	£342,500	£265,234	29% above HPI
2006 11 SEP	£315,000	£267,956	18% above HPI

OAKFIELD 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 OAKFIELD sales between September 2006 and June 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 April 2011 sale was for 29% above the HPI. So the extrapolation line tracks at 29% above the HPI over time, until the June 2022 sale, where it falls to 28% above the HPI. The line then continues to track at 28% above the HPI.

How Large is OAKFIELD?

OAKFIELD is 211m², which includes two extensions, according to the EPC inspection conducted in January 2022. This puts it in the largest 10% of detached houses in Cullompton, based on EPC data. The below chart shows the distribution of detached houses by size in Cullompton, and where OAKFIELD lies on this distribution: 98% of detached houses are smaller than OAKFIELD, and 2% of houses are larger. Note that EPC data is not available for all properties in Cullompton.

OAKFIELD: Plot and Title Map

OAKFIELD sits on a plot of roughly 0.223 of an acre, or 902m². The below map shows the location of OAKFIELD, 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 OAKFIELD). 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 OAKFIELD?

OAKFIELD is located on WILLAND ROAD in CULLOMPTON, in the EX15 postcode district. The below map shows the position of OAKFIELD on WILLAND ROAD.