3, THE SPINNEY, UFFCULME, CULLOMPTON, EX15 3PB - £387,500

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.

3 THE SPINNEY is a midsized extended detached house of 114m², built sometime between 1983 and 1990, which could now be worth an estimated £478,717. It was last sold for £387,500 in April 2019, which was around 10% above the average April 2019 detached price in the Mid Devon local authority area. The most recent EPC inspection was March 2019, where the current energy rating was D, and the potential energy rating was B.

3 THE SPINNEY Sold Prices

Land registry data shows six sales for 3 THE SPINNEY since 1^st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the Mid Devon local authority area for the corresponding sale date. three of the six 3 THE SPINNEY sales were for above the average price, and six 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
2019 18 APR	£387,500	£351,488	10% above HPI
2007 27 JUL	£304,000	£294,172	3% above HPI
2004 1 JUL	£249,950	£255,323	2% below HPI
2003 27 JUN	£215,000	£208,471	3% above HPI
2000 28 JUL	£120,000	£133,042	10% below HPI
1998 12 FEB	£76,500	£99,136	23% below HPI

3 THE SPINNEY 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 six 3 THE SPINNEY sales between February 1998 and April 2019 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 July 2007 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the April 2019 sale, where it rises to 10% above the HPI. The line then continues to track at 10% above the HPI.

What might 3 THE SPINNEY be worth now?

3 THE SPINNEY might now be worth an estimated £478,717.

This is based on house price inflation of 23.5%, between April 2019 and June 2025, for detached 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 23.5% inflationary increase is applied to the most recent sale price for 3 THE SPINNEY of £387,500 on 18th April 2019. For the value to have increased from £387,500 to £478,717 over the five years and ten months to June 2025, the following assumptions must hold true:

• The value of 3 THE SPINNEY has moved in line with the HPI for detached houses in the Mid Devon local authority area.
• The April 2019 sale price of £387,500 represented a fair market value for the property.
• The size, condition, and specification of 3 THE SPINNEY has not materially changed since April 2019.

How Large is 3 THE SPINNEY?

3 THE SPINNEY is 114m², which includes two extensions, according to the EPC inspection conducted in March 2019. This puts it in the smallest 50% of detached houses houses in Uffculme, based on EPC data. The below chart shows the distribution of detached houses houses by size in Uffculme, and where 3 THE SPINNEY lies on this distribution: 47% of detached houses houses are smaller than 3 THE SPINNEY, and 53% of houses are larger. Note that EPC data is not available for all properties in Uffculme.

3 THE SPINNEY: Plot and Title Map

3 THE SPINNEY sits on a plot of roughly 0.134 of an acre, or 544m². The below map shows the location of 3 THE SPINNEY, 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 3 THE SPINNEY). 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 3 THE SPINNEY?

3 THE SPINNEY is located in UFFCULME, in the EX15 postcode district. The below map shows the position of No. 3 on THE SPINNEY.