1, PALMERS CLOSE, BRAUNTON, EX33 2DU - £280,000

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.

1 PALMERS CLOSE is a small detached house of 90m², built sometime between 1976 and 1982, which could now be worth an estimated £381,476. It was last sold for £280,000 in August 2018, which was around 14% below the average August 2018 detached price in the North Devon local authority area. The most recent EPC inspection was March 2012, where the current energy rating was E, and the potential energy rating was C.

1 PALMERS CLOSE Sold Prices

Land registry data shows three sales for 1 PALMERS CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the North Devon local authority area for the corresponding sale date. All of the three 1 PALMERS 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
2018 3 AUG	£280,000	£326,178	14% below HPI
2016 2 DEC	£265,000	£324,859	18% below HPI
2012 18 MAY	£229,950	£282,433	19% below HPI

1 PALMERS 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 three 1 PALMERS CLOSE sales between May 2012 and August 2018 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 December 2016 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the August 2018 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.

What might 1 PALMERS CLOSE be worth now?

1 PALMERS CLOSE might now be worth an estimated £381,476.

This is based on house price inflation of 36.2%, between August 2018 and March 2025, for detached houses, in the North Devon local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 36.2% inflationary increase is applied to the most recent sale price for 1 PALMERS CLOSE of £280,000 on 3rd August 2018. For the value to have increased from £280,000 to £381,476 over the seven years and five months to March 2025, the following assumptions must hold true:

• The value of 1 PALMERS CLOSE has moved in line with the HPI for detached houses in the North Devon local authority area.
• The August 2018 sale price of £280,000 represented a fair market value for the property.
• The size, condition, and specification of 1 PALMERS CLOSE has not materially changed since August 2018.

How Large is 1 PALMERS CLOSE?

1 PALMERS CLOSE is 90m² according to the EPC inspection conducted in March 2012. This puts it in the smallest 40% of detached houses houses in Braunton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Braunton, and where 1 PALMERS CLOSE lies on this distribution: 37% of detached houses houses are smaller than 1 PALMERS CLOSE, and 63% of houses are larger. Note that EPC data is not available for all properties in Braunton.

1 PALMERS CLOSE: Plot and Title Map

1 PALMERS CLOSE sits on a plot of roughly 0.078 of an acre, or 314m². The below map shows the location of 1 PALMERS 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 PALMERS 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 PALMERS CLOSE?

1 PALMERS CLOSE is located in BRAUNTON, in the EX33 postcode district. The below map shows the position of No. 1 on PALMERS CLOSE.