2, BROADGATE CLOSE, BRAUNTON, EX33 2EX - £270,000

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

2 BROADGATE CLOSE is a very small extended detached house of 68m², built sometime between 1950 and 1966, which could now be worth an estimated £312,049. It was last sold for £270,000 in December 2020, which was around 30% below the average December 2020 detached price in the North Devon local authority area. The most recent EPC inspection was November 2019, where the current energy rating was D, and the potential energy rating was B.

2 BROADGATE CLOSE Sold Prices

Land registry data shows three sales for 2 BROADGATE 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 2 BROADGATE 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 4 DEC	£270,000	£385,156	30% below HPI
1999 6 AUG	£89,950	£102,133	12% below HPI
1995 23 JUN	£52,500	£77,644	32% below HPI

2 BROADGATE 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 2 BROADGATE CLOSE sales between June 1995 and December 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 August 1999 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the December 2020 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

What might 2 BROADGATE CLOSE be worth now?

2 BROADGATE CLOSE might now be worth an estimated £312,049.

This is based on house price inflation of 15.6%, between December 2020 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 15.6% inflationary increase is applied to the most recent sale price for 2 BROADGATE CLOSE of £270,000 on 4th December 2020. For the value to have increased from £270,000 to £312,049 over the five years and ten months to February 2025, the following assumptions must hold true:

• The value of 2 BROADGATE CLOSE has moved in line with the HPI for detached houses in the North Devon local authority area.
• The December 2020 sale price of £270,000 represented a fair market value for the property.
• The size, condition, and specification of 2 BROADGATE CLOSE has not materially changed since December 2020.

How Large is 2 BROADGATE CLOSE?

2 BROADGATE CLOSE is 68m², which includes one extension, according to the EPC inspection conducted in November 2019. This puts it in the smallest 10% 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 2 BROADGATE CLOSE lies on this distribution: 6% of detached houses houses are smaller than 2 BROADGATE CLOSE, and 93% of houses are larger. Note that EPC data is not available for all properties in Braunton.

2 BROADGATE CLOSE: Plot and Title Map

2 BROADGATE CLOSE sits on a plot of roughly 0.095 of an acre, or 383m². The below map shows the location of 2 BROADGATE 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 2 BROADGATE 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 2 BROADGATE CLOSE?

2 BROADGATE CLOSE is located in BRAUNTON, in the EX33 postcode district. The below map shows the position of No. 2 on BROADGATE CLOSE.