RACK VIEW, CULMSTOCK, CULLOMPTON, EX15 3JA - £327,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

RACK VIEW is a very large extended detached house of 194m², built sometime before 1900. It was last sold for £327,000 in November 2016, which was around 1% above the average November 2016 detached price in the Mid Devon local authority area. The most recent EPC inspection was August 2023, where the current energy rating was E, and the potential energy rating was C.

RACK VIEW Sold Prices

Land registry data shows two sales for RACK VIEW since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Mid Devon local authority area for the corresponding sale date. Both of the two RACK VIEW 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
2016 18 NOV	£327,000	£324,460	1% above HPI
1998 1 OCT	£117,000	£101,771	15% above HPI

RACK VIEW 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 two RACK VIEW sales from October 1998 and November 2016 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 October 1998 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the November 2016 sale, where it falls to 1% above the HPI. The line then continues to track at 1% above the HPI.

How Large is RACK VIEW?

RACK VIEW is 194m², which includes two extensions, according to the EPC inspection conducted in August 2023. This puts it in the largest 10% of detached houses in Culmstock, based on EPC data. The below chart shows the distribution of detached houses by size in Culmstock, and where RACK VIEW lies on this distribution: 95% of detached houses are smaller than RACK VIEW, and 5% of houses are larger. Note that EPC data is not available for all properties in Culmstock.

RACK VIEW: Plot and Title Map

RACK VIEW sits on a plot of roughly 0.075 of an acre, or 303m². The below map shows the location of RACK VIEW, 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 RACK VIEW). 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 RACK VIEW?

RACK VIEW is located in CULMSTOCK, in the EX15 postcode district. The below map shows the position of RACK VIEW in CULMSTOCK.