WELLANDS BARN, CLAY LANE, UFFCULME, CULLOMPTON, EX15 3AJ - £600,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

WELLANDS BARN is a very large detached house of 229m², built sometime between 1991 and 1995, which could now be worth an estimated £695,428. It was last sold for £600,000 in October 2018, which was around 65% above the average October 2018 detached price in the Mid Devon local authority area. The most recent EPC inspection was June 2015, where the current energy rating was C, and the potential energy rating was C.

WELLANDS BARN Sold Prices

Land registry data shows two sales for WELLANDS BARN 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 WELLANDS BARN 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
2018 12 OCT	£600,000	£363,844	65% above HPI
2000 21 SEP	£269,500	£137,776	96% above HPI

WELLANDS BARN 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 WELLANDS BARN sales from September 2000 and October 2018 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 September 2000 sale was for 96% above the HPI. So the extrapolation line tracks at 96% above the HPI over time, until the October 2018 sale, where it falls to 65% above the HPI. The line then continues to track at 65% above the HPI.

What might WELLANDS BARN be worth now?

WELLANDS BARN might now be worth an estimated £695,428.

This is based on house price inflation of 15.9%, between October 2018 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 15.9% inflationary increase is applied to the most recent sale price for WELLANDS BARN of £600,000 on 12th October 2018. For the value to have increased from £600,000 to £695,428 over the seven years and eight months to February 2025, the following assumptions must hold true:

• The value of WELLANDS BARN has moved in line with the HPI for detached houses in the Mid Devon local authority area.
• The October 2018 sale price of £600,000 represented a fair market value for the property.
• The size, condition, and specification of WELLANDS BARN has not materially changed since October 2018.

How Large is WELLANDS BARN?

WELLANDS BARN is 229m² according to the EPC inspection conducted in June 2015. This puts it in the largest 10% of detached houses houses in Uffculme, based on EPC data. The below chart shows the distribution of detached houses houses by size in Uffculme, and where WELLANDS BARN lies on this distribution: 97% of detached houses houses are smaller than WELLANDS BARN, and 3% of houses are larger. Note that EPC data is not available for all properties in Uffculme.

WELLANDS BARN: Plot and Title Map

WELLANDS BARN sits on a plot of roughly 2.8 acres, or 11,438m². The below map shows the location of WELLANDS BARN, 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 WELLANDS BARN). 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 WELLANDS BARN?

WELLANDS BARN is located on CLAY LANE in UFFCULME, in the EX15 postcode district. The below map shows the position of WELLANDS BARN on CLAY LANE.