1, RALEIGH DRIVE, CULLOMPTON, EX15 1FZ - £233,000

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.

1 RALEIGH DRIVE is a very small terraced house of 83m², which could now be worth an estimated £281,718. It was last sold for £233,000 in July 2020, which was around 25% above the average July 2020 terraced price in the Mid Devon local authority area. The most recent EPC inspection was November 2012, where the current energy rating was C, and the potential energy rating was C.

1 RALEIGH DRIVE Sold Prices

Land registry data shows three sales for 1 RALEIGH DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Mid Devon local authority area for the corresponding sale date. All of the three 1 RALEIGH DRIVE 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
2020 17 JUL	£233,000	£186,048	25% above HPI
2016 21 OCT	£212,000	£172,338	23% above HPI
2013 17 MAY	£189,995	£152,125	25% above HPI

1 RALEIGH DRIVE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Mid Devon local authority area over time, sourced from the HPI. The three 1 RALEIGH DRIVE sales between May 2013 and July 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 October 2016 sale was for 23% above the HPI. So the extrapolation line tracks at 23% above the HPI over time, until the July 2020 sale, where it rises to 25% above the HPI. The line then continues to track at 25% above the HPI.

What might 1 RALEIGH DRIVE be worth now?

1 RALEIGH DRIVE might now be worth an estimated £281,718.

This is based on house price inflation of 20.9%, between July 2020 and June 2025, for terraced 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 20.9% inflationary increase is applied to the most recent sale price for 1 RALEIGH DRIVE of £233,000 on 17th July 2020. For the value to have increased from £233,000 to £281,718 over the five years and one month to June 2025, the following assumptions must hold true:

• The value of 1 RALEIGH DRIVE has moved in line with the HPI for terraced houses in the Mid Devon local authority area.
• The July 2020 sale price of £233,000 represented a fair market value for the property.
• The size, condition, and specification of 1 RALEIGH DRIVE has not materially changed since July 2020.

How Large is 1 RALEIGH DRIVE?

1 RALEIGH DRIVE is 83m² according to the EPC inspection conducted in November 2012. This puts it in the smallest 20% of terraced houses houses in Cullompton, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Cullompton, and where 1 RALEIGH DRIVE lies on this distribution: 18% of terraced houses houses are smaller than 1 RALEIGH DRIVE, and 81% of houses are larger. Note that EPC data is not available for all properties in Cullompton.

1 RALEIGH DRIVE: Plot and Title Map

1 RALEIGH DRIVE sits on a plot of roughly 0.036 of an acre, or 145m². The below map shows the location of 1 RALEIGH DRIVE, 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 1 RALEIGH DRIVE). 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 1 RALEIGH DRIVE?

1 RALEIGH DRIVE is located in CULLOMPTON, in the EX15 postcode district. The below map shows the position of No. 1 on RALEIGH DRIVE.