1, BRAKE WOOD CLOSE, FREMINGTON, BARNSTAPLE, EX31 3DP - £205,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

1 BRAKE WOOD CLOSE is a very small detached house of 58m², built sometime between 1991 and 1995. It was last sold for £205,000 in November 2015, which was around 34% below the average November 2015 detached price in the North Devon local authority area. The most recent EPC inspection was March 2015, where the current energy rating was D, and the potential energy rating was B.

1 BRAKE WOOD CLOSE Sold Prices

Land registry data shows two sales for 1 BRAKE WOOD CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the North Devon local authority area for the corresponding sale date. Both of the two 1 BRAKE WOOD CLOSE sales were 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
2015 18 NOV	£205,000	£308,753	34% below HPI
1996 26 SEP	£54,000	£76,205	29% below HPI

1 BRAKE WOOD CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the North Devon local authority area over time, sourced from the HPI. The two 1 BRAKE WOOD CLOSE sales from September 1996 and November 2015 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 September 1996 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the November 2015 sale, where it falls to 34% below the HPI. The line then continues to track at 34% below the HPI.

How Large is 1 BRAKE WOOD CLOSE?

1 BRAKE WOOD CLOSE is 58m² according to the EPC inspection conducted in March 2015. This puts it in the smallest 10% of detached houses in Fremington, based on EPC data. The below chart shows the distribution of detached houses by size in Fremington, and where 1 BRAKE WOOD CLOSE lies on this distribution: 4% of detached houses are smaller than 1 BRAKE WOOD CLOSE, and 95% of houses are larger. Note that EPC data is not available for all properties in Fremington.

1 BRAKE WOOD CLOSE: Plot and Title Map

1 BRAKE WOOD CLOSE sits on a plot of roughly 0.056 of an acre, or 225m². The below map shows the location of 1 BRAKE WOOD CLOSE, 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 1 BRAKE WOOD CLOSE). 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 1 BRAKE WOOD CLOSE?

1 BRAKE WOOD CLOSE is located in FREMINGTON, in the EX31 postcode district. The below map shows the position of No. 1 on BRAKE WOOD CLOSE.