15, EXETER HILL, CULLOMPTON, EX15 1DJ - £132,500

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.

15 EXETER HILL is a very small extended terraced house of 62m², built sometime before 1900, which could now be worth an estimated £168,440. It was last sold for £132,500 in May 2018, which was around 26% below the average May 2018 terraced price in the Mid Devon local authority area. The most recent EPC inspection was January 2017, where the current energy rating was E, and the potential energy rating was C.

15 EXETER HILL Sold Prices

Land registry data shows five sales for 15 EXETER HILL since 1^st January 1995. The below table shows the price paid for the five sales, along with the average terraced price in the Mid Devon local authority area for the corresponding sale date. All of the five 15 EXETER HILL 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
2018 25 MAY	£132,500	£178,790	26% below HPI
2017 10 APR	£130,000	£168,005	23% below HPI
2007 2 FEB	£118,000	£157,117	25% below HPI
2000 31 JUL	£45,000	£62,287	28% below HPI
1997 10 DEC	£30,500	£45,778	33% below HPI

15 EXETER HILL 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 five 15 EXETER HILL sales between December 1997 and May 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 April 2017 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the May 2018 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.

What might 15 EXETER HILL be worth now?

15 EXETER HILL might now be worth an estimated £168,440.

This is based on house price inflation of 27.1%, between May 2018 and April 2026, 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 27.1% inflationary increase is applied to the most recent sale price for 15 EXETER HILL of £132,500 on 25th May 2018. For the value to have increased from £132,500 to £168,440 over the eight years and one month to April 2026, the following assumptions must hold true:

• The value of 15 EXETER HILL has moved in line with the HPI for terraced houses in the Mid Devon local authority area.
• The May 2018 sale price of £132,500 represented a fair market value for the property.
• The size, condition, and specification of 15 EXETER HILL has not materially changed since May 2018.

How Large is 15 EXETER HILL?

15 EXETER HILL is 62m², which includes two extensions, according to the EPC inspection conducted in January 2017. This puts it in the smallest 10% 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 15 EXETER HILL lies on this distribution: 3% of terraced houses houses are smaller than 15 EXETER HILL, and 97% of houses are larger. Note that EPC data is not available for all properties in Cullompton.

15 EXETER HILL: Plot and Title Map

15 EXETER HILL sits on a plot of roughly 0.018 of an acre, or 74m². The below map shows the location of 15 EXETER HILL, 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 15 EXETER HILL). 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 15 EXETER HILL?

15 EXETER HILL is located in CULLOMPTON, in the EX15 postcode district. The below map shows the position of No. 15 on EXETER HILL.