8, CHICHESTER CLOSE, BARNSTAPLE, EX32 9EJ - £245,000

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

8 CHICHESTER CLOSE is a very small detached house of 68m², built sometime between 1976 and 1982, which could now be worth an estimated £335,049. It was last sold for £245,000 in September 2015, which was around 22% below the average September 2015 detached price in the North Devon local authority area. The most recent EPC inspection was May 2015, where the current energy rating was D, and the potential energy rating was B.

8 CHICHESTER CLOSE Sold Prices

Land registry data shows two sales for 8 CHICHESTER 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 8 CHICHESTER 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
2015 24 SEP	£245,000	£315,009	22% below HPI
2001 29 MAY	£119,950	£145,623	18% below HPI

8 CHICHESTER 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 8 CHICHESTER CLOSE sales from May 2001 and September 2015 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 May 2001 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the September 2015 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

What might 8 CHICHESTER CLOSE be worth now?

8 CHICHESTER CLOSE might now be worth an estimated £335,049.

This is based on house price inflation of 36.8%, between September 2015 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 36.8% inflationary increase is applied to the most recent sale price for 8 CHICHESTER CLOSE of £245,000 on 24th September 2015. For the value to have increased from £245,000 to £335,049 over the eight years and nine months to December 2024, the following assumptions must hold true:

• The value of 8 CHICHESTER CLOSE has moved in line with the HPI for detached houses in the North Devon local authority area.
• The September 2015 sale price of £245,000 represented a fair market value for the property.
• The size, condition, and specification of 8 CHICHESTER CLOSE has not materially changed since September 2015.

How Large is 8 CHICHESTER CLOSE?

8 CHICHESTER CLOSE is 68m² according to the EPC inspection conducted in May 2015. This puts it in the smallest 10% of detached houses houses in Barnstaple, based on EPC data. The below chart shows the distribution of detached houses houses by size in Barnstaple, and where 8 CHICHESTER CLOSE lies on this distribution: 7% of detached houses houses are smaller than 8 CHICHESTER CLOSE, and 92% of houses are larger. Note that EPC data is not available for all properties in Barnstaple.

8 CHICHESTER CLOSE: Plot and Title Map

8 CHICHESTER CLOSE sits on a plot of roughly 0.101 of an acre, or 407m². The below map shows the location of 8 CHICHESTER 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 8 CHICHESTER 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 8 CHICHESTER CLOSE?

8 CHICHESTER CLOSE is located in BARNSTAPLE, in the EX32 postcode district. The below map shows the position of No. 8 on CHICHESTER CLOSE.