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

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

THREE GABLES is a midsized detached house of 108m². It was last sold for £294,000 in October 2020, which was around 17% 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	£355,870	17% below HPI
2015 2 APR	£155,000	£296,023	48% 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 48% below the HPI. So the extrapolation line tracks at 48% below the HPI over time, until the October 2020 sale, where it rises to 17% below the HPI. The line then continues to track at 17% below the HPI.

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 in Cullompton, based on EPC data. The below chart shows the distribution of detached houses by size in Cullompton, and where THREE GABLES lies on this distribution: 48% of detached 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.