GREAT CLOSE, DOWN END, CROYDE, BRAUNTON, EX33 1QE - £795,000

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.

GREAT CLOSE is a large extended detached house of 178m², built sometime between 1950 and 1966, which could now be worth an estimated £991,243. It was last sold for £795,000 in May 2020, which was around 123% above the average May 2020 detached price in the North Devon local authority area. The most recent EPC inspection was March 2018, where the current energy rating was E, and the potential energy rating was C.

GREAT CLOSE Sold Prices

Land registry data shows two sales for GREAT 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 GREAT CLOSE sales were for above 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 11 MAY	£795,000	£357,012	123% above HPI
2004 15 OCT	£410,000	£262,619	56% above HPI

GREAT 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 GREAT CLOSE sales from October 2004 and May 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 October 2004 sale was for 56% above the HPI. So the extrapolation line tracks at 56% above the HPI over time, until the May 2020 sale, where it rises to 123% above the HPI. The line then continues to track at 123% above the HPI.

What might GREAT CLOSE be worth now?

GREAT CLOSE might now be worth an estimated £991,243.

This is based on house price inflation of 24.7%, between May 2020 and February 2025, 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 24.7% inflationary increase is applied to the most recent sale price for GREAT CLOSE of £795,000 on 11th May 2020. For the value to have increased from £795,000 to £991,243 over the five years and three months to February 2025, the following assumptions must hold true:

• The value of GREAT CLOSE has moved in line with the HPI for detached houses in the North Devon local authority area.
• The May 2020 sale price of £795,000 represented a fair market value for the property.
• The size, condition, and specification of GREAT CLOSE has not materially changed since May 2020.

How Large is GREAT CLOSE?

GREAT CLOSE is 178m², which includes one extension, according to the EPC inspection conducted in March 2018. This puts it in the largest 30% of detached houses houses in Croyde, based on EPC data. The below chart shows the distribution of detached houses houses by size in Croyde, and where GREAT CLOSE lies on this distribution: 76% of detached houses houses are smaller than GREAT CLOSE, and 23% of houses are larger. Note that EPC data is not available for all properties in Croyde.

GREAT CLOSE: Plot and Title Map

GREAT CLOSE sits on a plot of roughly 0.231 of an acre, or 935m². The below map shows the location of GREAT 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 GREAT 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 GREAT CLOSE?

GREAT CLOSE is located on DOWN END in CROYDE, in the EX33 postcode district. The below map shows the position of GREAT CLOSE on DOWN END.