WOODBANK, TIVERTON ROAD, CULLOMPTON, EX15 1HT - £285,000

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

WOODBANK is a very large extended detached house of 139m², built sometime between 1983 and 1990. It was last sold for £285,000 in September 2016, which was around 11% below the average September 2016 detached price in the Mid Devon local authority area. The most recent EPC inspection was April 2023, where the current energy rating was C, and the potential energy rating was C.

WOODBANK Sold Prices

Land registry data shows two sales for WOODBANK 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 WOODBANK 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
2016 20 SEP	£285,000	£319,547	11% below HPI
2011 25 OCT	£230,000	£281,360	18% below HPI

WOODBANK 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 WOODBANK sales from October 2011 and September 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 2011 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the September 2016 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.

How Large is WOODBANK?

WOODBANK is 139m², which includes one extension, according to the EPC inspection conducted in April 2023. This puts it in the largest 20% of detached houses in Cullompton, based on EPC data. The below chart shows the distribution of detached houses by size in Cullompton, and where WOODBANK lies on this distribution: 83% of detached houses are smaller than WOODBANK, and 14% of houses are larger. Note that EPC data is not available for all properties in Cullompton.

WOODBANK: Plot and Title Map

WOODBANK sits on a plot of roughly 0.088 of an acre, or 358m². The below map shows the location of WOODBANK, 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 WOODBANK). 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 WOODBANK?

WOODBANK is located on TIVERTON ROAD in CULLOMPTON, in the EX15 postcode district. The below map shows the position of WOODBANK on TIVERTON ROAD.