23, LAKELANDS CLOSE, WITHERIDGE, TIVERTON, EX16 8DD - £265,000

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

23 LAKELANDS CLOSE is a large extended detached house of 84m², built sometime between 1983 and 1990, which could now be worth an estimated £328,557. It was last sold for £265,000 in June 2020, which was around 24% below the average June 2020 detached price in the North Devon local authority area. The most recent EPC inspection was January 2020, where the current energy rating was E, and the potential energy rating was C.

23 LAKELANDS CLOSE Sold Prices

Land registry data shows six sales for 23 LAKELANDS CLOSE since 1^st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the North Devon local authority area for the corresponding sale date. All of the six 23 LAKELANDS 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 19 JUN	£265,000	£347,456	24% below HPI
2010 3 FEB	£227,500	£283,697	20% below HPI
2006 4 AUG	£215,000	£281,142	24% below HPI
2003 13 AUG	£153,000	£220,269	31% below HPI
1999 4 NOV	£77,500	£115,272	33% below HPI
1996 25 JUN	£52,500	£75,929	31% below HPI

23 LAKELANDS 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 six 23 LAKELANDS CLOSE sales between June 1996 and June 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 February 2010 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the June 2020 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

What might 23 LAKELANDS CLOSE be worth now?

23 LAKELANDS CLOSE might now be worth an estimated £328,557.

This is based on house price inflation of 24%, between June 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 24% inflationary increase is applied to the most recent sale price for 23 LAKELANDS CLOSE of £265,000 on 19th June 2020. For the value to have increased from £265,000 to £328,557 over the three years and six months to December 2024, the following assumptions must hold true:

• The value of 23 LAKELANDS CLOSE has moved in line with the HPI for detached houses in the North Devon local authority area.
• The June 2020 sale price of £265,000 represented a fair market value for the property.
• The size, condition, and specification of 23 LAKELANDS CLOSE has not materially changed since June 2020.

How Large is 23 LAKELANDS CLOSE?

23 LAKELANDS CLOSE is 84m², which includes one extension, according to the EPC inspection conducted in January 2020. This puts it in the largest 40% of detached houses houses in Witheridge, based on EPC data. The below chart shows the distribution of detached houses houses by size in Witheridge, and where 23 LAKELANDS CLOSE lies on this distribution: 60% of detached houses houses are smaller than 23 LAKELANDS CLOSE, and 38% of houses are larger. Note that EPC data is not available for all properties in Witheridge.

23 LAKELANDS CLOSE: Plot and Title Map

23 LAKELANDS CLOSE sits on a plot of roughly 0.118 of an acre, or 479m². The below map shows the location of 23 LAKELANDS 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 23 LAKELANDS 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 23 LAKELANDS CLOSE?

23 LAKELANDS CLOSE is located in WITHERIDGE, in the EX16 postcode district. The below map shows the position of No. 23 on LAKELANDS CLOSE.