14, CROSS CLOSE, FREMINGTON, BARNSTAPLE, EX31 3AN - £244,500

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.

14 CROSS CLOSE is a very small detached house of 65m², built sometime between 1976 and 1982, which could now be worth an estimated £304,554. It was last sold for £244,500 in May 2019, which was around 32% below the average May 2019 detached price in the North Devon local authority area. The most recent EPC inspection was February 2012, where the current energy rating was D, and the potential energy rating was C.

14 CROSS CLOSE Sold Prices

Land registry data shows two sales for 14 CROSS 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 14 CROSS 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
2019 1 MAY	£244,500	£357,364	32% below HPI
2013 30 JUL	£189,000	£264,180	28% below HPI

14 CROSS 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 14 CROSS CLOSE sales from July 2013 and May 2019 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 July 2013 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the May 2019 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.

What might 14 CROSS CLOSE be worth now?

14 CROSS CLOSE might now be worth an estimated £304,554.

This is based on house price inflation of 24.6%, between May 2019 and February 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 24.6% inflationary increase is applied to the most recent sale price for 14 CROSS CLOSE of £244,500 on 1st May 2019. For the value to have increased from £244,500 to £304,554 over the six years and three months to February 2025, the following assumptions must hold true:

• The value of 14 CROSS CLOSE has moved in line with the HPI for detached houses in the North Devon local authority area.
• The May 2019 sale price of £244,500 represented a fair market value for the property.
• The size, condition, and specification of 14 CROSS CLOSE has not materially changed since May 2019.

How Large is 14 CROSS CLOSE?

14 CROSS CLOSE is 65m² according to the EPC inspection conducted in February 2012. This puts it in the smallest 10% of detached houses houses in Fremington, based on EPC data. The below chart shows the distribution of detached houses houses by size in Fremington, and where 14 CROSS CLOSE lies on this distribution: 9% of detached houses houses are smaller than 14 CROSS CLOSE, and 91% of houses are larger. Note that EPC data is not available for all properties in Fremington.

14 CROSS CLOSE: Plot and Title Map

14 CROSS CLOSE sits on a plot of roughly 0.055 of an acre, or 222m². The below map shows the location of 14 CROSS 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 14 CROSS 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 14 CROSS CLOSE?

14 CROSS CLOSE is located in FREMINGTON, in the EX31 postcode district. The below map shows the position of No. 14 on CROSS CLOSE.