2, POUND SQUARE, CULLOMPTON, EX15 1DN - £130,000

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.

2 POUND SQUARE is a very small extended terraced house of 67m², built sometime between 1900 and 1929, which could now be worth an estimated £159,395. It was last sold for £130,000 in September 2018, which was around 29% below the average September 2018 terraced price in the Mid Devon local authority area. The most recent EPC inspection was January 2011, where the current energy rating was E, and the potential energy rating was D.

2 POUND SQUARE Sold Prices

Land registry data shows three sales for 2 POUND SQUARE 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 2 POUND SQUARE 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 20 SEP	£130,000	£183,465	29% below HPI
2010 29 NOV	£100,000	£146,836	32% below HPI
2006 28 APR	£112,000	£143,643	22% below HPI

2 POUND SQUARE 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 2 POUND SQUARE sales between April 2006 and September 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 November 2010 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the September 2018 sale, where it rises to 29% below the HPI. The line then continues to track at 29% below the HPI.

What might 2 POUND SQUARE be worth now?

2 POUND SQUARE might now be worth an estimated £159,395.

This is based on house price inflation of 22.6%, between September 2018 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 22.6% inflationary increase is applied to the most recent sale price for 2 POUND SQUARE of £130,000 on 20th September 2018. For the value to have increased from £130,000 to £159,395 over the seven years and three months to June 2025, the following assumptions must hold true:

• The value of 2 POUND SQUARE has moved in line with the HPI for terraced houses in the Mid Devon local authority area.
• The September 2018 sale price of £130,000 represented a fair market value for the property.
• The size, condition, and specification of 2 POUND SQUARE has not materially changed since September 2018.

How Large is 2 POUND SQUARE?

2 POUND SQUARE is 67m², which includes one extension, according to the EPC inspection conducted in January 2011. 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 2 POUND SQUARE lies on this distribution: 4% of terraced houses houses are smaller than 2 POUND SQUARE, and 96% of houses are larger. Note that EPC data is not available for all properties in Cullompton.

2 POUND SQUARE: Plot and Title Map

2 POUND SQUARE sits on a plot of roughly 0.023 of an acre, or 95m². The below map shows the location of 2 POUND SQUARE, 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 POUND SQUARE). 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 POUND SQUARE?

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