7, REGENT CLOSE, FREMINGTON, BARNSTAPLE, EX31 2PN - £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

7 REGENT CLOSE is a very small detached house of 69m², built sometime between 1983 and 1990. It was last sold for £285,000 in December 2020, which was around 26% below the average December 2020 detached price in the North Devon local authority area. The most recent EPC inspection was July 2020, where the current energy rating was D, and the potential energy rating was B.

7 REGENT CLOSE Sold Prices

Land registry data shows three sales for 7 REGENT 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 7 REGENT 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 3 DEC	£285,000	£385,156	26% below HPI
2003 12 SEP	£177,500	£215,016	17% below HPI
2003 13 JUN	£149,950	£214,153	30% below HPI

7 REGENT 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 7 REGENT CLOSE sales between June 2003 and December 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 September 2003 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the December 2020 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.

What might 7 REGENT CLOSE be worth now?

7 REGENT CLOSE might now be worth an estimated £318,767.

This is based on house price inflation of 11.8%, between December 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 11.8% inflationary increase is applied to the most recent sale price for 7 REGENT CLOSE of £285,000 on 3rd December 2020. For the value to have increased from £285,000 to £318,767 over the four years to December 2024, the following assumptions must hold true:

• The value of 7 REGENT CLOSE has moved in line with the HPI for detached houses in the North Devon local authority area.
• The December 2020 sale price of £285,000 represented a fair market value for the property.
• The size, condition, and specification of 7 REGENT CLOSE has not materially changed since December 2020.

How Large is 7 REGENT CLOSE?

7 REGENT CLOSE is 69m² according to the EPC inspection conducted in July 2020. This puts it in the smallest 20% 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 7 REGENT CLOSE lies on this distribution: 13% of detached houses houses are smaller than 7 REGENT CLOSE, and 87% of houses are larger. Note that EPC data is not available for all properties in Fremington.

7 REGENT CLOSE: Plot and Title Map

7 REGENT CLOSE sits on a plot of roughly 0.118 of an acre, or 476m². The below map shows the location of 7 REGENT 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 7 REGENT 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 7 REGENT CLOSE?

7 REGENT CLOSE is located in FREMINGTON, in the EX31 postcode district. The below map shows the position of No. 7 on REGENT CLOSE.