THREE GABLES, SHORTLANDS LANE, CULLOMPTON, EX15 1HE - £294,000

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

THREE GABLES is a midsized detached house of 108m², which could now be worth an estimated £336,552. It was last sold for £294,000 in October 2020, which was around 20% below the average October 2020 detached price in the Mid Devon local authority area. The most recent EPC inspection was November 2018, where the current energy rating was B, and the potential energy rating was B.

THREE GABLES Sold Prices

Land registry data shows two sales for THREE GABLES 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 THREE GABLES 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
2020 16 OCT	£294,000	£368,393	20% below HPI
2015 2 APR	£155,000	£306,440	49% below HPI

THREE GABLES 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 THREE GABLES sales from April 2015 and October 2020 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 2015 sale was for 49% below the HPI. So the extrapolation line tracks at 49% below the HPI over time, until the October 2020 sale, where it rises to 20% below the HPI. The line then continues to track at 20% below the HPI.

What might THREE GABLES be worth now?

THREE GABLES might now be worth an estimated £336,552.

This is based on house price inflation of 14.5%, between October 2020 and February 2025, 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 14.5% inflationary increase is applied to the most recent sale price for THREE GABLES of £294,000 on 16th October 2020. For the value to have increased from £294,000 to £336,552 over the five years and eight months to February 2025, the following assumptions must hold true:

• The value of THREE GABLES has moved in line with the HPI for detached houses in the Mid Devon local authority area.
• The October 2020 sale price of £294,000 represented a fair market value for the property.
• The size, condition, and specification of THREE GABLES has not materially changed since October 2020.

How Large is THREE GABLES?

THREE GABLES is 108m² according to the EPC inspection conducted in November 2018. This puts it in the largest 50% 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 THREE GABLES lies on this distribution: 49% of detached houses houses are smaller than THREE GABLES, and 49% of houses are larger. Note that EPC data is not available for all properties in Cullompton.

THREE GABLES: Plot and Title Map

THREE GABLES sits on a plot of roughly 0.079 of an acre, or 321m². The below map shows the location of THREE GABLES, 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 THREE GABLES). 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 THREE GABLES?

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