17, DRAKE CLOSE, CULLOMPTON, EX15 1FN - £115,000

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.

17 DRAKE CLOSE is a midsized flat of 59m², built sometime between 2007 and 2011, which could now be worth an estimated £144,345. It was last sold for £115,000 in November 2013, which was around 10% above the average November 2013 flat price in the Mid Devon local authority area. The most recent EPC inspection was July 2019, where the current energy rating was B, and the potential energy rating was B.

17 DRAKE CLOSE Sold Prices

Land registry data shows two sales for 17 DRAKE CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average flat price in the Mid Devon local authority area for the corresponding sale date. Both of the two 17 DRAKE CLOSE sales were 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
2013 1 NOV	£115,000	£104,764	10% above HPI
2009 18 DEC	£121,995	£106,072	15% above HPI

What might 17 DRAKE CLOSE be worth now?

17 DRAKE CLOSE might now be worth an estimated £144,345.

This is based on house price inflation of 25.5%, between November 2013 and May 2026, for flats, 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 25.5% inflationary increase is applied to the most recent sale price for 17 DRAKE CLOSE of £115,000 on 1st November 2013. For the value to have increased from £115,000 to £144,345 over the thirteen years and six months to May 2026, the following assumptions must hold true:

• The value of 17 DRAKE CLOSE has moved in line with the HPI for flats in the Mid Devon local authority area.
• The November 2013 sale price of £115,000 represented a fair market value for the property.
• The size, condition, and specification of 17 DRAKE CLOSE has not materially changed since November 2013.

How Large is 17 DRAKE CLOSE?

17 DRAKE CLOSE is 59m² according to the EPC inspection conducted in July 2019. This puts it in the largest 50% of flats in Cullompton, based on EPC data. 50% of flats are smaller than 17 DRAKE CLOSE, and 46% of flats are larger. Note that EPC data is not available for all properties in Cullompton.

17 DRAKE CLOSE: Plot

17 DRAKE CLOSE sits on a plot of roughly 0.155 of an acre, or 627m².

Where is 17 DRAKE CLOSE?

17 DRAKE CLOSE is located in CULLOMPTON, in the EX15 postcode district.