24, RUSSELL CLOSE, LANDKEY, BARNSTAPLE, EX32 0NZ - £242,500

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 RUSSELL CLOSE is a very small detached house of 58m², built sometime between 1983 and 1990. It was last sold for £242,500 in December 2023, which was around 43% below the average December 2023 detached price in the North Devon local authority area. The most recent EPC inspection was October 2022, where the current energy rating was C, and the potential energy rating was B.

24 RUSSELL CLOSE Sold Prices

Land registry data shows two sales for 24 RUSSELL 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 RUSSELL 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
2023 14 DEC	£242,500	£425,093	43% below HPI
2005 22 APR	£170,000	£258,053	34% below HPI

24 RUSSELL 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 RUSSELL CLOSE sales from April 2005 and December 2023 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 April 2005 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the December 2023 sale, where it falls to 43% below the HPI. The line then continues to track at 43% below the HPI.

How Large is 24 RUSSELL CLOSE?

24 RUSSELL CLOSE is 58m² according to the EPC inspection conducted in October 2022. This puts it in the smallest 10% of detached houses in Landkey, based on EPC data. The below chart shows the distribution of detached houses by size in Landkey, and where 24 RUSSELL CLOSE lies on this distribution: Less than 1% of detached houses are smaller than 24 RUSSELL CLOSE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Landkey.

24 RUSSELL CLOSE: Plot and Title Map

24 RUSSELL CLOSE sits on a plot of roughly 0.057 of an acre, or 231m². The below map shows the location of 24 RUSSELL 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 RUSSELL 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 RUSSELL CLOSE?

24 RUSSELL CLOSE is located in LANDKEY, in the EX32 postcode district. The below map shows the position of No. 24 on RUSSELL CLOSE.