5, BROADWAY, FREMINGTON, BARNSTAPLE, EX31 2NR - £282,500

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

5 BROADWAY is a very small detached house of 63m², built sometime between 1967 and 1975. It was last sold for £282,500 in June 2020, which was around 19% below the average June 2020 detached price in the North Devon local authority area. The most recent EPC inspection was April 2014, where the current energy rating was D, and the potential energy rating was B.

5 BROADWAY Sold Prices

Land registry data shows two sales for 5 BROADWAY 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 5 BROADWAY 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 23 JUN	£282,500	£347,456	19% below HPI
2014 11 JUL	£219,950	£291,221	24% below HPI

5 BROADWAY 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 5 BROADWAY sales from July 2014 and June 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 July 2014 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the June 2020 sale, where it rises to 19% below the HPI. The line then continues to track at 19% below the HPI.

What might 5 BROADWAY be worth now?

5 BROADWAY might now be worth an estimated £350,254.

This is based on house price inflation of 24%, between June 2020 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 24% inflationary increase is applied to the most recent sale price for 5 BROADWAY of £282,500 on 23rd June 2020. For the value to have increased from £282,500 to £350,254 over the three years and six months to December 2024, the following assumptions must hold true:

• The value of 5 BROADWAY has moved in line with the HPI for detached houses in the North Devon local authority area.
• The June 2020 sale price of £282,500 represented a fair market value for the property.
• The size, condition, and specification of 5 BROADWAY has not materially changed since June 2020.

How Large is 5 BROADWAY?

5 BROADWAY is 63m² according to the EPC inspection conducted in April 2014. This puts it in the smallest 10% of detached houses houses in Fremington, based on EPC data. The below chart shows the distribution of detached houses houses by size in Fremington, and where 5 BROADWAY lies on this distribution: 7% of detached houses houses are smaller than 5 BROADWAY, and 93% of houses are larger. Note that EPC data is not available for all properties in Fremington.

5 BROADWAY: Plot and Title Map

5 BROADWAY sits on a plot of roughly 0.107 of an acre, or 434m². The below map shows the location of 5 BROADWAY, 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 5 BROADWAY). 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 5 BROADWAY?

5 BROADWAY is located in FREMINGTON, in the EX31 postcode district. The below map shows the position of No. 5 on BROADWAY.