4, NEWLANDS CLOSE, LANDKEY, BARNSTAPLE, EX32 0NH - £285,000

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

4 NEWLANDS CLOSE is a very large extended detached house of 224m², built sometime between 1991 and 1995, which could now be worth an estimated £374,986. It was last sold for £285,000 in May 2017, which was around 13% below the average May 2017 detached price in the North Devon local authority area. The most recent EPC inspection was August 2022, where the current energy rating was C, and the potential energy rating was B.

4 NEWLANDS CLOSE Sold Prices

Land registry data shows two sales for 4 NEWLANDS 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 4 NEWLANDS 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
2017 8 MAY	£285,000	£327,412	13% below HPI
2009 9 APR	£222,500	£246,048	10% below HPI

4 NEWLANDS 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 4 NEWLANDS CLOSE sales from April 2009 and May 2017 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 2009 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the May 2017 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.

What might 4 NEWLANDS CLOSE be worth now?

4 NEWLANDS CLOSE might now be worth an estimated £374,986.

This is based on house price inflation of 31.6%, between May 2017 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 31.6% inflationary increase is applied to the most recent sale price for 4 NEWLANDS CLOSE of £285,000 on 8th May 2017. For the value to have increased from £285,000 to £374,986 over the six years and five months to December 2024, the following assumptions must hold true:

• The value of 4 NEWLANDS CLOSE has moved in line with the HPI for detached houses in the North Devon local authority area.
• The May 2017 sale price of £285,000 represented a fair market value for the property.
• The size, condition, and specification of 4 NEWLANDS CLOSE has not materially changed since May 2017.

How Large is 4 NEWLANDS CLOSE?

4 NEWLANDS CLOSE is 224m², which includes one extension, according to the EPC inspection conducted in August 2022. This puts it in the largest 10% of detached houses houses in Landkey, based on EPC data. The below chart shows the distribution of detached houses houses by size in Landkey, and where 4 NEWLANDS CLOSE lies on this distribution: 96% of detached houses houses are smaller than 4 NEWLANDS CLOSE, and 3% of houses are larger. Note that EPC data is not available for all properties in Landkey.

4 NEWLANDS CLOSE: Plot and Title Map

4 NEWLANDS CLOSE sits on a plot of roughly 0.296 of an acre, or 1,197m². The below map shows the location of 4 NEWLANDS 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 NEWLANDS 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 NEWLANDS CLOSE?

4 NEWLANDS CLOSE is located in LANDKEY, in the EX32 postcode district. The below map shows the position of No. 4 on NEWLANDS CLOSE.