4, LAKELANDS CLOSE, WITHERIDGE, TIVERTON, EX16 8DD - £240,000

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

4 LAKELANDS CLOSE is a small extended detached house of 72m², built sometime between 1967 and 1975. It was last sold for £240,000 in February 2020, which was around 32% below the average February 2020 detached price in the North Devon local authority area. The most recent EPC inspection was October 2017, where the current energy rating was E, and the potential energy rating was B.

4 LAKELANDS CLOSE Sold Prices

Land registry data shows three sales for 4 LAKELANDS CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the North Devon local authority area for the corresponding sale date. All of the three 4 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 7 FEB	£240,000	£351,292	32% below HPI
2018 6 MAR	£205,000	£325,224	37% below HPI
2016 10 AUG	£177,000	£314,395	44% below HPI

4 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 three 4 LAKELANDS CLOSE sales between August 2016 and February 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 March 2018 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the February 2020 sale, where it rises to 32% below the HPI. The line then continues to track at 32% below the HPI.

How Large is 4 LAKELANDS CLOSE?

4 LAKELANDS CLOSE is 72m², which includes one extension, according to the EPC inspection conducted in October 2017. 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 4 LAKELANDS CLOSE lies on this distribution: 34% of detached houses are smaller than 4 LAKELANDS CLOSE, and 65% of houses are larger. Note that EPC data is not available for all properties in Witheridge.

4 LAKELANDS CLOSE: Plot and Title Map

4 LAKELANDS CLOSE sits on a plot of roughly 0.122 of an acre, or 494m². The below map shows the location of 4 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 4 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 4 LAKELANDS CLOSE?

4 LAKELANDS CLOSE is located in WITHERIDGE, in the EX16 postcode district. The below map shows the position of No. 4 on LAKELANDS CLOSE.