2, LANCASTER CLOSE, CULLOMPTON, EX15 1XB - £275,000

2 LANCASTER CLOSE is a very small extended detached house of 83m², built sometime between 1996 and 2002. It was last sold for £275,000 in December 2023, which was around 39% below the average December 2023 detached price in the Mid Devon local authority area. The most recent EPC inspection was November 2023, where the current energy rating was C, and the potential energy rating was B.

2 LANCASTER CLOSE Sold Prices

Land registry data shows three sales for 2 LANCASTER CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Mid Devon local authority area for the corresponding sale date. All of the three 2 LANCASTER CLOSE 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
2023 15 DEC	£275,000	£451,878	39% below HPI
2011 23 SEP	£183,000	£276,989	34% below HPI
1999 23 DEC	£82,950	£110,993	25% below HPI

2 LANCASTER CLOSE 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 three 2 LANCASTER CLOSE sales between December 1999 and December 2023 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 2011 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the December 2023 sale, where it falls to 39% below the HPI. The line then continues to track at 39% below the HPI.

How Large is 2 LANCASTER CLOSE?

2 LANCASTER CLOSE is 83m², which includes one extension, according to the EPC inspection conducted in November 2023. This puts it in the smallest 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 2 LANCASTER CLOSE lies on this distribution: 19% of detached houses are smaller than 2 LANCASTER CLOSE, and 80% of houses are larger. Note that EPC data is not available for all properties in Cullompton.

2 LANCASTER CLOSE: Plot and Title Map

2 LANCASTER CLOSE sits on a plot of roughly 0.062 of an acre, or 251m². The below map shows the location of 2 LANCASTER CLOSE, 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 2 LANCASTER CLOSE). 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 2 LANCASTER CLOSE?

2 LANCASTER CLOSE is located in CULLOMPTON, in the EX15 postcode district. The below map shows the position of No. 2 on LANCASTER CLOSE.