FLAT 1, 5, ARCHERS CLOSE, CULLOMPTON, EX15 1FA - £127,000

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.

FLAT 1 5 ARCHERS CLOSE is a small flat of 55m², built sometime between 2007 and 2011, which could now be worth an estimated £113,775. It was last sold for £127,000 in March 2023, which was around 13% below the average March 2023 flat price in the Mid Devon local authority area. The most recent EPC inspection was November 2021, where the current energy rating was C, and the potential energy rating was C.

FLAT 1 5 ARCHERS CLOSE Sold Prices

Land registry data shows three sales for FLAT 1 5 ARCHERS CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average flat price in the Mid Devon local authority area for the corresponding sale date. Two of the three FLAT 1 5 ARCHERS 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
2023 23 MAR	£127,000	£146,782	13% below HPI
2014 12 AUG	£115,000	£105,040	9% above HPI
2013 13 JUN	£103,000	£104,552	1% below HPI

What might FLAT 1 5 ARCHERS CLOSE be worth now?

FLAT 1 5 ARCHERS CLOSE might now be worth an estimated £113,775.

This is based on house price deflation of 10.4%, between March 2023 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 10.4% deflationary decrease is applied to the most recent sale price for FLAT 1 5 ARCHERS CLOSE of £127,000 on 23rd March 2023. For the value to have decreased from £127,000 to £113,775 over the two years and ten months to May 2026, the following assumptions must hold true:

• The value of FLAT 1 5 ARCHERS CLOSE has moved in line with the HPI for flats in the Mid Devon local authority area.
• The March 2023 sale price of £127,000 represented a fair market value for the property.
• The size, condition, and specification of FLAT 1 5 ARCHERS CLOSE has not materially changed since March 2023.

How Large is FLAT 1 5 ARCHERS CLOSE?

FLAT 1 5 ARCHERS CLOSE is 55m² according to the EPC inspection conducted in November 2021. This puts it in the smallest 40% of flats in Cullompton, based on EPC data. 35% of flats are smaller than FLAT 1 5 ARCHERS CLOSE, and 61% of flats are larger. Note that EPC data is not available for all properties in Cullompton.

FLAT 1 5 ARCHERS CLOSE: Plot

FLAT 1 5 ARCHERS CLOSE sits on a plot of roughly 0.481 of an acre, or 1,948m².

Where is FLAT 1 5 ARCHERS CLOSE?

FLAT 1, 5 ARCHERS CLOSE is located in CULLOMPTON, in the EX15 postcode district.