14, PARK CLOSE, FREMINGTON, BARNSTAPLE, EX31 2PQ - £229,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

14 PARK CLOSE is a small extended detached house of 84m², built sometime between 1991 and 1995, which could now be worth an estimated £283,795. It was last sold for £229,000 in July 2020, which was around 34% below the average July 2020 detached price in the North Devon local authority area. The most recent EPC inspection was April 2015, where the current energy rating was D, and the potential energy rating was B.

14 PARK CLOSE Sold Prices

Land registry data shows four sales for 14 PARK CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the North Devon local authority area for the corresponding sale date. All of the four 14 PARK 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
2020 23 JUL	£229,000	£347,612	34% below HPI
2015 26 JUN	£183,000	£312,783	41% below HPI
2003 4 APR	£149,950	£200,674	25% below HPI
1997 15 AUG	£58,950	£89,193	34% below HPI

14 PARK 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 four 14 PARK CLOSE sales between August 1997 and July 2020 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 June 2015 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the July 2020 sale, where it rises to 34% below the HPI. The line then continues to track at 34% below the HPI.

What might 14 PARK CLOSE be worth now?

14 PARK CLOSE might now be worth an estimated £283,795.

This is based on house price inflation of 23.9%, between July 2020 and December 2024, 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 23.9% inflationary increase is applied to the most recent sale price for 14 PARK CLOSE of £229,000 on 23rd July 2020. For the value to have increased from £229,000 to £283,795 over the three years and seven months to December 2024, the following assumptions must hold true:

• The value of 14 PARK CLOSE has moved in line with the HPI for detached houses in the North Devon local authority area.
• The July 2020 sale price of £229,000 represented a fair market value for the property.
• The size, condition, and specification of 14 PARK CLOSE has not materially changed since July 2020.

How Large is 14 PARK CLOSE?

14 PARK CLOSE is 84m², which includes one extension, according to the EPC inspection conducted in April 2015. This puts it in the smallest 40% 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 PARK CLOSE lies on this distribution: 31% of detached houses houses are smaller than 14 PARK CLOSE, and 69% of houses are larger. Note that EPC data is not available for all properties in Fremington.

14 PARK CLOSE: Plot and Title Map

14 PARK CLOSE sits on a plot of roughly 0.045 of an acre, or 183m². The below map shows the location of 14 PARK 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 PARK 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 PARK CLOSE?

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