16, CLEAVE PARK, FREMINGTON, BARNSTAPLE, EX31 2NS - £325,000

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.

16 CLEAVE PARK is a very small semi-detached house of 62m², built sometime between 1967 and 1975, which could now be worth an estimated £351,561. It was last sold for £325,000 in January 2022, which was around 17% above the average January 2022 semi-detached price in the North Devon local authority area. The most recent EPC inspection was October 2018, where the current energy rating was D, and the potential energy rating was B.

16 CLEAVE PARK Sold Prices

Land registry data shows four sales for 16 CLEAVE PARK since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the North Devon local authority area for the corresponding sale date. All of the four 16 CLEAVE PARK sales were for above 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
2022 7 JAN	£325,000	£277,369	17% above HPI
2019 14 AUG	£260,000	£234,575	11% above HPI
1997 17 MAR	£60,000	£51,952	15% above HPI
1995 21 DEC	£57,500	£45,376	27% above HPI

16 CLEAVE PARK Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the North Devon local authority area over time, sourced from the HPI. The four 16 CLEAVE PARK sales between December 1995 and January 2022 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 August 2019 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the January 2022 sale, where it rises to 17% above the HPI. The line then continues to track at 17% above the HPI.

What might 16 CLEAVE PARK be worth now?

16 CLEAVE PARK might now be worth an estimated £351,561.

This is based on house price inflation of 8.2%, between January 2022 and March 2025, for semi-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 8.2% inflationary increase is applied to the most recent sale price for 16 CLEAVE PARK of £325,000 on 7th January 2022. For the value to have increased from £325,000 to £351,561 over the two years and ten months to March 2025, the following assumptions must hold true:

• The value of 16 CLEAVE PARK has moved in line with the HPI for semi-detached houses in the North Devon local authority area.
• The January 2022 sale price of £325,000 represented a fair market value for the property.
• The size, condition, and specification of 16 CLEAVE PARK has not materially changed since January 2022.

How Large is 16 CLEAVE PARK?

16 CLEAVE PARK is 62m² according to the EPC inspection conducted in October 2018. This puts it in the smallest 10% of semi-detached houses houses in Fremington, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Fremington, and where 16 CLEAVE PARK lies on this distribution: 6% of semi-detached houses houses are smaller than 16 CLEAVE PARK, and 94% of houses are larger. Note that EPC data is not available for all properties in Fremington.

16 CLEAVE PARK: Plot and Title Map

16 CLEAVE PARK sits on a plot of roughly 0.089 of an acre, or 361m². The below map shows the location of 16 CLEAVE PARK, 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 16 CLEAVE PARK). 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 16 CLEAVE PARK?

16 CLEAVE PARK is located in FREMINGTON, in the EX31 postcode district. The below map shows the position of No. 16 on CLEAVE PARK.