According to the public record, 11, Culm Lea, Cullompton is a modern freehold house with 581 ft2 of internal area and sits on a 272 m2 plot.
Houses of this size in this area normally have 2 bedrooms with a garden.
Culm Lea, Cullompton, EX15 is located in the borough of Mid Devon within the EX15 postal district.
11, Culm Lea, Cullompton has 31 entries in the Land Registry database, most recently in December 2021 and a single entry in the EPC database dated June 2018.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 11 Culm Lea Cullompton as £220,717 and the rental value as £870 per month giving an expected gross yield of 4.7%.
Over the last 12 months the sale value of 11 Culm Lea Cullompton has decreased by £8,065 (3.7%) and its rental value has increased by £29 per month (3.4%).
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 11, Culm Lea, Cullompton is in very good condition we estimate a sale value of £231,753 and rental value of £914 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £205,267 and a rental value of £809 per month.
If you were able to purchase this property for the estimated value of £220,717, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,085 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to data from HM Land Registry, 11, Culm Lea, Cullompton sits on a plot of 272m2.
We have plot size data on 45 out of 74 other houses in the postcode and 11, Culm Lea, Cullompton sits on the 18th largest plot.
According to HM Land Registry, 11, Culm Lea, Cullompton was last sold on 16 Dec 2021 for £250,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since Dec 2021, the market for similar properties has dropped 4.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 11, Culm Lea, Cullompton within a radius of 1.2 kilometres over the last 2 years.
The most recent example is 85, Culm Lea, Cullompton, EX15 1NJ, a Freehold house which sold for £230,000 in Jul 2022.
Read more about house prices in EX15.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Culm Lea, Cullompton, EX15 has a total of 74 addresses. According to our analysis of all the public data, 11, Culm Lea, Cullompton is the 61st largest and the 66th most expensive property on the street.
When compared to the postcode district it is £96k less expensive than the average property in EX15.
11, Culm Lea, Cullompton has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 04 Jun 2018.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 11, Culm Lea, Cullompton is Tiverton Parkway station which is 6.8 kilometres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 11, Culm Lea, Cullompton, 39.2% of property is privately owned with a mortgage and 31.6% is privately owned outright.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 11, Culm Lea, Cullompton, 13.1% of residents are recorded as possessing school level qualifications and 23.9% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around 11, Culm Lea, Cullompton, the average age was 41.6 and the most common age was 52.
The graph below shows how this compares to South West and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 11, Culm Lea, Cullompton, 1.1% of property was a second home.
Comparison figures for South West and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 11, Culm Lea, Cullompton, there are an average of 1.6 cars per household.
See below for how this compares to South West and the rest of England & Wales.