24, MEAD CLOSE, CULLOMPTON, EX15 1RT - £129,950

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.

24 MEAD CLOSE is a very small terraced house of 57m², built sometime between 1996 and 2002, which could now be worth an estimated £200,333. It was last sold for £129,950 in July 2005, which was around 11% below the average July 2005 terraced price in the Mid Devon local authority area. The most recent EPC inspection was September 2020, where the current energy rating was C, and the potential energy rating was B.

24 MEAD CLOSE Sold Prices

Land registry data shows three sales for 24 MEAD CLOSE 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. Two of the three 24 MEAD CLOSE sales were for below the average price, whilst one was 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
2005 8 JUL	£129,950	£145,918	11% below HPI
2000 25 SEP	£57,000	£63,497	10% below HPI
1996 19 JUL	£43,000	£42,386	1% above HPI

24 MEAD CLOSE 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 24 MEAD CLOSE sales between July 1996 and July 2005 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 2000 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the July 2005 sale, where it falls to 11% below the HPI. The line then continues to track at 11% below the HPI.

What might 24 MEAD CLOSE be worth now?

24 MEAD CLOSE might now be worth an estimated £200,333.

This is based on house price inflation of 54.2%, between July 2005 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 54.2% inflationary increase is applied to the most recent sale price for 24 MEAD CLOSE of £129,950 on 8th July 2005. For the value to have increased from £129,950 to £200,333 over the twenty years and one month to June 2025, the following assumptions must hold true:

• The value of 24 MEAD CLOSE has moved in line with the HPI for terraced houses in the Mid Devon local authority area.
• The July 2005 sale price of £129,950 represented a fair market value for the property.
• The size, condition, and specification of 24 MEAD CLOSE has not materially changed since July 2005.

How Large is 24 MEAD CLOSE?

24 MEAD CLOSE is 57m² according to the EPC inspection conducted in September 2020. 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 24 MEAD CLOSE lies on this distribution: 2% of terraced houses houses are smaller than 24 MEAD CLOSE, and 98% of houses are larger. Note that EPC data is not available for all properties in Cullompton.

24 MEAD CLOSE: Plot and Title Map

24 MEAD CLOSE sits on a plot of roughly 0.019 of an acre, or 75m². The below map shows the location of 24 MEAD 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 24 MEAD 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 24 MEAD CLOSE?

24 MEAD CLOSE is located in CULLOMPTON, in the EX15 postcode district. The below map shows the position of No. 24 on MEAD CLOSE.