7, OLYMPIAN WAY, CULLOMPTON, EX15 1GB - £193,750

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.

7 OLYMPIAN WAY is a very small terraced house of 69m², which could now be worth an estimated £228,683. It was last sold for £193,750 in December 2020, which was around 2% above the average December 2020 terraced price in the Mid Devon local authority area. The most recent EPC inspection was August 2012, where the current energy rating was B, and the potential energy rating was B.

7 OLYMPIAN WAY Sold Prices

Land registry data shows three sales for 7 OLYMPIAN WAY 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 7 OLYMPIAN WAY sales were for above the average price, whilst one was 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
2020 11 DEC	£193,750	£190,586	2% above HPI
2017 18 DEC	£185,000	£180,326	3% above HPI
2013 12 APR	£141,950	£153,332	7% below HPI

7 OLYMPIAN WAY 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 7 OLYMPIAN WAY sales between April 2013 and December 2020 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 December 2017 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the December 2020 sale, where it falls to 2% above the HPI. The line then continues to track at 2% above the HPI.

What might 7 OLYMPIAN WAY be worth now?

7 OLYMPIAN WAY might now be worth an estimated £228,683.

This is based on house price inflation of 18%, between December 2020 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 18% inflationary increase is applied to the most recent sale price for 7 OLYMPIAN WAY of £193,750 on 11th December 2020. For the value to have increased from £193,750 to £228,683 over the five years and six months to June 2025, the following assumptions must hold true:

• The value of 7 OLYMPIAN WAY has moved in line with the HPI for terraced houses in the Mid Devon local authority area.
• The December 2020 sale price of £193,750 represented a fair market value for the property.
• The size, condition, and specification of 7 OLYMPIAN WAY has not materially changed since December 2020.

How Large is 7 OLYMPIAN WAY?

7 OLYMPIAN WAY is 69m² according to the EPC inspection conducted in August 2012. 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 7 OLYMPIAN WAY lies on this distribution: 5% of terraced houses houses are smaller than 7 OLYMPIAN WAY, and 94% of houses are larger. Note that EPC data is not available for all properties in Cullompton.

7 OLYMPIAN WAY: Plot and Title Map

7 OLYMPIAN WAY sits on a plot of roughly 0.023 of an acre, or 94m². The below map shows the location of 7 OLYMPIAN WAY, 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 7 OLYMPIAN WAY). 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 7 OLYMPIAN WAY?

7 OLYMPIAN WAY is located in CULLOMPTON, in the EX15 postcode district. The below map shows the position of No. 7 on OLYMPIAN WAY.