2, FAIRWAY CLOSE, BRAUNTON, EX33 1EA - £288,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

2 FAIRWAY CLOSE is a very small detached house of 43m², built sometime between 1967 and 1975. It was last sold for £288,000 in December 2021, which was around 30% below the average December 2021 detached price in the North Devon local authority area. The most recent EPC inspection was March 2021, where the current energy rating was E, and the potential energy rating was B.

2 FAIRWAY CLOSE Sold Prices

Land registry data shows two sales for 2 FAIRWAY 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 2 FAIRWAY 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
2021 20 DEC	£288,000	£414,104	30% below HPI
2021 14 MAY	£250,000	£376,703	34% below HPI

2 FAIRWAY 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 2 FAIRWAY CLOSE sales from May 2021 and December 2021 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 May 2021 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the December 2021 sale, where it rises to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 2 FAIRWAY CLOSE?

2 FAIRWAY CLOSE is 43m² according to the EPC inspection conducted in March 2021. This puts it in the smallest 10% of detached houses in Braunton, based on EPC data. The below chart shows the distribution of detached houses by size in Braunton, and where 2 FAIRWAY CLOSE lies on this distribution: Less than 1% of detached houses are smaller than 2 FAIRWAY CLOSE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Braunton.

2 FAIRWAY CLOSE: Plot and Title Map

2 FAIRWAY CLOSE sits on a plot of roughly 0.049 of an acre, or 199m². The below map shows the location of 2 FAIRWAY 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 FAIRWAY 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 FAIRWAY CLOSE?

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