8, COLES MILL CLOSE, HOLSWORTHY, EX22 6LR - £375,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

8 COLES MILL CLOSE is a large extended detached house of 128m², built sometime between 1983 and 1990, which could now be worth an estimated £374,988. It was last sold for £375,000 in June 2022, which was around 7% below the average June 2022 detached price in the Torridge local authority area. The most recent EPC inspection was June 2019, where the current energy rating was E, and the potential energy rating was D.

8 COLES MILL CLOSE Sold Prices

Land registry data shows six sales for 8 COLES MILL CLOSE since 1^st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the Torridge local authority area for the corresponding sale date. Most of the six 8 COLES MILL 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
2022 22 JUN	£375,000	£403,231	7% below HPI
2020 28 JUL	£310,000	£319,120	3% below HPI
2019 23 OCT	£297,500	£328,085	9% below HPI
2007 4 OCT	£259,950	£276,243	6% below HPI
2000 23 AUG	£116,000	£111,607	4% above HPI
1995 24 FEB	£60,000	£66,902	10% below HPI

8 COLES MILL CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Torridge local authority area over time, sourced from the HPI. The six 8 COLES MILL CLOSE sales between February 1995 and June 2022 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 2020 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the June 2022 sale, where it falls to 7% below the HPI. The line then continues to track at 7% below the HPI.

What might 8 COLES MILL CLOSE be worth now?

8 COLES MILL CLOSE might now be worth an estimated £374,988.

This is based on house price deflation of 0%, between June 2022 and February 2025, for detached houses, in the Torridge local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 0% deflationary decrease is applied to the most recent sale price for 8 COLES MILL CLOSE of £375,000 on 22nd June 2022. For the value to have decreased from £375,000 to £374,988 over the three years and four months to February 2025, the following assumptions must hold true:

• The value of 8 COLES MILL CLOSE has moved in line with the HPI for detached houses in the Torridge local authority area.
• The June 2022 sale price of £375,000 represented a fair market value for the property.
• The size, condition, and specification of 8 COLES MILL CLOSE has not materially changed since June 2022.

How Large is 8 COLES MILL CLOSE?

8 COLES MILL CLOSE is 128m², which includes one extension, according to the EPC inspection conducted in June 2019. This puts it in the largest 30% of detached houses houses in Holsworthy, based on EPC data. The below chart shows the distribution of detached houses houses by size in Holsworthy, and where 8 COLES MILL CLOSE lies on this distribution: 76% of detached houses houses are smaller than 8 COLES MILL CLOSE, and 24% of houses are larger. Note that EPC data is not available for all properties in Holsworthy.

8 COLES MILL CLOSE: Plot and Title Map

8 COLES MILL CLOSE sits on a plot of roughly 0.137 of an acre, or 554m². The below map shows the location of 8 COLES MILL 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 COLES MILL 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 COLES MILL CLOSE?

8 COLES MILL CLOSE is located in HOLSWORTHY, in the EX22 postcode district. The below map shows the position of No. 8 on COLES MILL CLOSE.