24, LAKELANDS CLOSE, WITHERIDGE, TIVERTON, EX16 8DD - £225,000

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

24 LAKELANDS CLOSE is a small detached house of 70m², built sometime between 1983 and 1990. It was last sold for £225,000 in August 2018, which was around 29% below the average August 2018 detached price in the North Devon local authority area. The most recent EPC inspection was May 2018, where the current energy rating was D, and the potential energy rating was B.

24 LAKELANDS CLOSE Sold Prices

Land registry data shows two sales for 24 LAKELANDS 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 24 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
2018 10 AUG	£225,000	£318,593	29% below HPI
2016 2 JUN	£215,000	£299,590	28% below HPI

24 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 two 24 LAKELANDS CLOSE sales from June 2016 and August 2018 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 2016 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the August 2018 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is 24 LAKELANDS CLOSE?

24 LAKELANDS CLOSE is 70m² according to the EPC inspection conducted in May 2018. This puts it in the smallest 40% of detached houses in Witheridge, based on EPC data. The below chart shows the distribution of detached houses by size in Witheridge, and where 24 LAKELANDS CLOSE lies on this distribution: 30% of detached houses are smaller than 24 LAKELANDS CLOSE, and 70% of houses are larger. Note that EPC data is not available for all properties in Witheridge.

24 LAKELANDS CLOSE: Plot and Title Map

24 LAKELANDS CLOSE sits on a plot of roughly 0.142 of an acre, or 575m². The below map shows the location of 24 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 24 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 24 LAKELANDS CLOSE?

24 LAKELANDS CLOSE is located in WITHERIDGE, in the EX16 postcode district. The below map shows the position of No. 24 on LAKELANDS CLOSE.