WAVERLEIGH, MIDDLE MILL LANE, CULLOMPTON, EX15 1JP - £250,000

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

WAVERLEIGH is a small detached house of 103m², built sometime between 1950 and 1966. It was last sold for £250,000 in October 2019, which was around 28% below the average October 2019 detached price in the Mid Devon local authority area. The most recent EPC inspection was May 2019, where the current energy rating was E, and the potential energy rating was B.

WAVERLEIGH Sold Prices

Land registry data shows two sales for WAVERLEIGH 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 WAVERLEIGH 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
2019 29 OCT	£250,000	£345,961	28% below HPI
2003 21 JAN	£189,000	£197,533	4% below HPI

WAVERLEIGH 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 WAVERLEIGH sales from January 2003 and October 2019 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 January 2003 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the October 2019 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is WAVERLEIGH?

WAVERLEIGH is 103m² according to the EPC inspection conducted in May 2019. This puts it in the smallest 40% of detached houses in Cullompton, based on EPC data. The below chart shows the distribution of detached houses by size in Cullompton, and where WAVERLEIGH lies on this distribution: 40% of detached houses are smaller than WAVERLEIGH, and 59% of houses are larger. Note that EPC data is not available for all properties in Cullompton.

WAVERLEIGH: Plot and Title Map

WAVERLEIGH sits on a plot of roughly 0.184 of an acre, or 746m². The below map shows the location of WAVERLEIGH, 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 WAVERLEIGH). 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 WAVERLEIGH?

WAVERLEIGH is located on MIDDLE MILL LANE in CULLOMPTON, in the EX15 postcode district. The below map shows the position of WAVERLEIGH on MIDDLE MILL LANE.