25, MEAD CLOSE, CULLOMPTON, EX15 1RT - £149,000

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.

25 MEAD CLOSE is a very small terraced house of 43m², built sometime between 1991 and 1995, which could now be worth an estimated £148,695. It was last sold for £149,000 in May 2024, which was around 35% below the average May 2024 terraced price in the Mid Devon local authority area. The most recent EPC inspection was November 2022, where the current energy rating was C, and the potential energy rating was B.

25 MEAD CLOSE Sold Prices

Land registry data shows two sales for 25 MEAD CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Mid Devon local authority area for the corresponding sale date. Both of the two 25 MEAD 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
2024 3 MAY	£149,000	£227,752	35% below HPI
2004 11 JUN	£99,950	£128,300	22% below HPI

25 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 two 25 MEAD CLOSE sales from June 2004 and May 2024 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 June 2004 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the May 2024 sale, where it falls to 35% below the HPI. The line then continues to track at 35% below the HPI.

What might 25 MEAD CLOSE be worth now?

25 MEAD CLOSE might now be worth an estimated £148,695.

This is based on house price deflation of 0.2%, between May 2024 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 0.2% deflationary decrease is applied to the most recent sale price for 25 MEAD CLOSE of £149,000 on 3rd May 2024. For the value to have decreased from £149,000 to £148,695 over the two years and one month to April 2026, the following assumptions must hold true:

• The value of 25 MEAD CLOSE has moved in line with the HPI for terraced houses in the Mid Devon local authority area.
• The May 2024 sale price of £149,000 represented a fair market value for the property.
• The size, condition, and specification of 25 MEAD CLOSE has not materially changed since May 2024.

How Large is 25 MEAD CLOSE?

25 MEAD CLOSE is 43m² according to the EPC inspection conducted in November 2022. 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 25 MEAD CLOSE lies on this distribution: Less than 1% of terraced houses houses are smaller than 25 MEAD CLOSE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Cullompton.

25 MEAD CLOSE: Plot and Title Map

25 MEAD CLOSE sits on a plot of roughly 0.014 of an acre, or 58m². The below map shows the location of 25 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 25 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 25 MEAD CLOSE?

25 MEAD CLOSE is located in CULLOMPTON, in the EX15 postcode district. The below map shows the position of No. 25 on MEAD CLOSE.