6, LAKELANDS CLOSE, WITHERIDGE, TIVERTON, EX16 8DD - £162,500

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

6 LAKELANDS CLOSE is a small detached house of 70m², built sometime between 1976 and 1982, which could now be worth an estimated £255,857. It was last sold for £162,500 in November 2012, which was around 41% below the average November 2012 detached price in the North Devon local authority area. The most recent EPC inspection was July 2011, where the current energy rating was D, and the potential energy rating was D.

6 LAKELANDS CLOSE Sold Prices

Land registry data shows two sales for 6 LAKELANDS 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 6 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
2012 23 NOV	£162,500	£273,603	41% below HPI
2011 31 MAR	£145,000	£276,155	47% below HPI

6 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 two 6 LAKELANDS CLOSE sales from March 2011 and November 2012 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 2011 sale was for 47% below the HPI. So the extrapolation line tracks at 47% below the HPI over time, until the November 2012 sale, where it rises to 41% below the HPI. The line then continues to track at 41% below the HPI.

What might 6 LAKELANDS CLOSE be worth now?

6 LAKELANDS CLOSE might now be worth an estimated £255,857.

This is based on house price inflation of 57.5%, between November 2012 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 57.5% inflationary increase is applied to the most recent sale price for 6 LAKELANDS CLOSE of £162,500 on 23rd November 2012. For the value to have increased from £162,500 to £255,857 over the eleven years and eleven months to December 2024, the following assumptions must hold true:

• The value of 6 LAKELANDS CLOSE has moved in line with the HPI for detached houses in the North Devon local authority area.
• The November 2012 sale price of £162,500 represented a fair market value for the property.
• The size, condition, and specification of 6 LAKELANDS CLOSE has not materially changed since November 2012.

How Large is 6 LAKELANDS CLOSE?

6 LAKELANDS CLOSE is 70m² according to the EPC inspection conducted in July 2011. This puts it in the smallest 40% of detached houses houses in Witheridge, based on EPC data. The below chart shows the distribution of detached houses houses by size in Witheridge, and where 6 LAKELANDS CLOSE lies on this distribution: 31% of detached houses houses are smaller than 6 LAKELANDS CLOSE, and 69% of houses are larger. Note that EPC data is not available for all properties in Witheridge.

6 LAKELANDS CLOSE: Plot and Title Map

6 LAKELANDS CLOSE sits on a plot of roughly 0.078 of an acre, or 314m². The below map shows the location of 6 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 6 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 6 LAKELANDS CLOSE?

6 LAKELANDS CLOSE is located in WITHERIDGE, in the EX16 postcode district. The below map shows the position of No. 6 on LAKELANDS CLOSE.