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Cullompton House Prices Cullompton House Prices

The average house price in Cullompton is £369,921 using HM Land Registry data.

The average property price increased by £60,108 (27.07%) over the last 5 years and increased by £12,013 (4.45%) over the last 12 months.

Over the last year, there were 93 residential property sales – a decrease of 57 transactions (-61.29%) relative to the previous year. The majority of house sales (21) were in the £246,000 - £294,000 range. Then came properties in the £198,000 - £246,000 range, where 18 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 58 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-12,898 (-3%).

In April 2024, there were 47 new estate agency instructions, 18 agreed home sales and 18 property price reductions.

Postcodes Covered: EX15

5-Year Average Property Prices in Cullompton

27.07%

Property prices in Cullompton increased by 27.07% in last 5 years.

The trend shows the general price tendency over the last 5 years, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Average Property Prices in Cullompton Over the Last Year

4.45%

Property prices in Cullompton increased by 4.45% in last 12 months.

The trend shows the general price tendency over the last 12 months, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Property Market Heat Gauge for Cullompton - April 2024

Our Property Market Heat Gauge looks at how long properties in your postcode district have been on the open market before being changed to sold 'Subject to Contract' ('STC') or 'Under Offer' on Rightmove (the UK's leading property portal).

At 41 to 60 days, the broad evidence suggests that the market is reasonably slow moving. Although some sellers in your postcode may be willing to wait up to 9 weeks, this data would suggest that estate agents may be overvaluing properties. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in relisting the property at a later date).Others simply reduce the price to a level that will entice more buyer interest or approach a sell house fast or auction company like Property Solvers.

Please note that this is not an indicator of how quickly property sales are taking to complete (i.e. to go through the whole conveyancing process). This measurement also does not take into account the risk of home sales falling through.

No. of New Instructions Over the Last 12 Months in Cullompton

Using local estate agency reported data, this chart illustrates the number of properties that have come on to the market.

No. of Agreed Home Sales Over the Last 12 Months in Cullompton

Using local estate agency reported data, this chart illustrates the number of property sales agreed. Note that these figures are not fully reflective of properties completed (sold and registered as such at HM Land Registry).

No. of Properties with Price Reductions in Cullompton

Using local estate agency reported data, this chart illustrates the number of properties which have been seen their prices dropped (typically due to a lack of buyer interest).

Average Annual House Prices in the Cullompton since 1995

Using HM Land Registry data, this chart displays average annual house prices in the Cullompton area since 1995.

Recent Property Sales in Cullompton

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
14 Bellevue Terrace, Cullompton, Devon, EX15 1AQ£275,000£270,000-£5,00017 Nov 202315 Mar 2024119 Days
1 Plantagenet Drive, Cullompton, Devon, EX15 1XR£425,000£410,000-£15,00031 Oct 202301 Mar 2024122 Days
13 Heron Way, Cullompton, Devon, EX15 1TD£199,950£197,500-£2,45025 Oct 202311 Jan 202478 Days
1 Larks Rise, Cullompton, Devon, EX15 1UT£287,500£275,000-£12,50002 Jun 202305 Jan 2024217 Days
Flat 18, Clarks Court, High Street, Cullompton, Devon, EX15 1FB£150,000£146,625-£3,37516 Nov 202205 Jan 2024415 Days
Milkmoor, Tiverton Road, Cullompton, Devon, EX15 1LP£550,000£525,000-£25,00007 Sep 202321 Dec 2023105 Days
25 Chaffinch Drive, Cullompton, Devon, EX15 1UJ£189,950£189,950£0016 Oct 202320 Dec 202365 Days
64 Haymans Close, Cullompton, Devon, EX15 1EH£185,000£175,000-£10,00015 Sep 202311 Dec 202387 Days
8 Spindlebury, Cullompton, Devon, EX15 1SY£460,000£435,000-£25,00006 Mar 202317 Nov 2023256 Days
11 Linnet Dene, Cullompton, Devon, EX15 1UF£495,000£495,000£0006 Apr 202313 Nov 2023221 Days
14 St Andrews Estate, Cullompton, Devon, EX15 1HX£250,000£243,000-£7,00007 Aug 202310 Nov 202395 Days
Flat 15, Clarks Court, High Street, Cullompton, Devon, EX15 1FB£160,000£155,000-£5,00023 Apr 202308 Nov 2023199 Days
Flat 6, Clarks Court, High Street, Cullompton, Devon, EX15 1FB£162,500£160,000-£2,50022 Jun 202324 Oct 2023124 Days
Macoma, Tiverton Road, Cullompton, Devon, EX15 1LW£325,000£315,000-£10,00013 May 202329 Sep 2023139 Days
7 Windsor Close, Cullompton, Devon, EX15 1XL£595,000£560,000-£35,00016 Feb 202329 Sep 2023225 Days
39 St Andrews Estate, Cullompton, Devon, EX15 1HY£200,000£200,000£0007 Jun 202329 Sep 2023114 Days
17 Roberts Close, Cullompton, Devon, EX15 1QA£280,000£268,500-£11,50002 Mar 202326 Sep 2023208 Days
9 College Road, Cullompton, Devon, EX15 1TG£225,000£225,000£0020 May 202321 Sep 2023124 Days
10 Linden Road, Cullompton, Devon, EX15 1TE£260,000£255,000-£5,00011 May 202321 Sep 2023133 Days
25 Bockland Close, Cullompton, Devon, EX15 1JQ£325,000£320,000-£5,00013 Jun 202305 Sep 202384 Days

Most Expensive Streets in Cullompton

PostcodeStreetAreaAverageNo. of Sales
EX15 1XSSpringbourne DriveCullompton£576,8754
EX15 1XLWindsor CloseCullompton£442,5003
EX15 1LPTiverton RoadCullompton£435,3333
EX15 1APWilland RoadCullompton£393,7506
EX15 1RRWheatfield CloseCullompton£391,6663
EX15 1GXTrott CloseCullompton£384,6878
EX15 1JFLanglands RoadCullompton£371,1853
EX15 1XAHanover GardensCullompton£368,7504
EX15 1SYSpindleburyCullompton£359,9916
EX15 1UDSiskin ChaseCullompton£358,3163

Least Expensive Streets in Cullompton

PostcodeStreetAreaAverageNo. of Sales
EX15 1DQVictoria TerraceCullompton£90,5454
EX15 1DJExeter HillCullompton£142,30011
EX15 1EDExeter RoadCullompton£143,6663
EX15 1FBClarks CourtHigh Street, Cullompton£150,63216
EX15 1BQStation RoadCullompton£158,2506
EX15 1TBPloudal RoadCullompton£161,8333
EX15 1DNPound SquareCullompton£165,6663
EX15 1TDHeron WayCullompton£166,4983
EX15 1DFCockpit HillCullompton£166,8754
EX15 1EWCrow GreenCullompton£167,2857

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