9, CROSS CLOSE, FREMINGTON, BARNSTAPLE, EX31 3AN - £272,500

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

9 CROSS CLOSE is a very small extended detached house of 75m², built sometime between 1976 and 1982. It was last sold for £272,500 in January 2024, which was around 34% below the average January 2024 detached price in the North Devon local authority area. The most recent EPC inspection was March 2022, where the current energy rating was D, and the potential energy rating was B.

9 CROSS CLOSE Sold Prices

Land registry data shows four sales for 9 CROSS CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the North Devon local authority area for the corresponding sale date. All of the four 9 CROSS 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
2024 12 JAN	£272,500	£414,768	34% below HPI
2023 6 JUN	£260,000	£442,637	41% below HPI
2001 16 MAR	£89,950	£130,286	31% below HPI
1999 28 MAY	£64,000	£101,840	37% below HPI

9 CROSS 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 four 9 CROSS CLOSE sales between May 1999 and January 2024 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 June 2023 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the January 2024 sale, where it rises to 34% below the HPI. The line then continues to track at 34% below the HPI.

How Large is 9 CROSS CLOSE?

9 CROSS CLOSE is 75m², which includes one extension, according to the EPC inspection conducted in March 2022. This puts it in the smallest 20% of detached houses in Fremington, based on EPC data. The below chart shows the distribution of detached houses by size in Fremington, and where 9 CROSS CLOSE lies on this distribution: 19% of detached houses are smaller than 9 CROSS CLOSE, and 80% of houses are larger. Note that EPC data is not available for all properties in Fremington.

9 CROSS CLOSE: Plot and Title Map

9 CROSS CLOSE sits on a plot of roughly 0.074 of an acre, or 299m². The below map shows the location of 9 CROSS 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 9 CROSS 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 9 CROSS CLOSE?

9 CROSS CLOSE is located in FREMINGTON, in the EX31 postcode district. The below map shows the position of No. 9 on CROSS CLOSE.