3, FAIRWAY CLOSE, BRAUNTON, EX33 1EA - £345,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

3 FAIRWAY CLOSE is a very small extended detached house of 71m², built sometime between 1967 and 1975, which could now be worth an estimated £354,179. It was last sold for £345,000 in February 2022, which was around 20% below the average February 2022 detached price in the North Devon local authority area. The most recent EPC inspection was July 2018, where the current energy rating was D, and the potential energy rating was B.

3 FAIRWAY CLOSE Sold Prices

Land registry data shows four sales for 3 FAIRWAY CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the North Devon local authority area for the corresponding sale date. All of the four 3 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
2022 3 FEB	£345,000	£433,603	20% below HPI
2018 16 AUG	£255,000	£326,178	22% below HPI
2004 31 AUG	£156,000	£263,259	41% below HPI
2002 17 SEP	£143,000	£189,000	24% below HPI

3 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 four 3 FAIRWAY CLOSE sales between September 2002 and February 2022 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 2018 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the February 2022 sale, where it rises to 20% below the HPI. The line then continues to track at 20% below the HPI.

What might 3 FAIRWAY CLOSE be worth now?

3 FAIRWAY CLOSE might now be worth an estimated £354,179.

This is based on house price inflation of 2.7%, between February 2022 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 2.7% inflationary increase is applied to the most recent sale price for 3 FAIRWAY CLOSE of £345,000 on 3rd February 2022. For the value to have increased from £345,000 to £354,179 over the three years to February 2025, the following assumptions must hold true:

• The value of 3 FAIRWAY CLOSE has moved in line with the HPI for detached houses in the North Devon local authority area.
• The February 2022 sale price of £345,000 represented a fair market value for the property.
• The size, condition, and specification of 3 FAIRWAY CLOSE has not materially changed since February 2022.

How Large is 3 FAIRWAY CLOSE?

3 FAIRWAY CLOSE is 71m², which includes one extension, according to the EPC inspection conducted in July 2018. 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 3 FAIRWAY CLOSE lies on this distribution: 9% of detached houses houses are smaller than 3 FAIRWAY CLOSE, and 90% of houses are larger. Note that EPC data is not available for all properties in Braunton.

3 FAIRWAY CLOSE: Plot and Title Map

3 FAIRWAY CLOSE sits on a plot of roughly 0.062 of an acre, or 249m². The below map shows the location of 3 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 3 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 3 FAIRWAY CLOSE?

3 FAIRWAY CLOSE is located in BRAUNTON, in the EX33 postcode district. The below map shows the position of No. 3 on FAIRWAY CLOSE.