18, HOMER CLOSE, BRATTON FLEMING, BARNSTAPLE, EX31 4TD - £150,000

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.

18 HOMER CLOSE is a very small terraced house of 72m², built sometime between 1991 and 1995, which could now be worth an estimated £208,969. It was last sold for £150,000 in June 2016, which was around 6% below the average June 2016 terraced price in the North Devon local authority area. The most recent EPC inspection was October 2010, where the current energy rating was D, and the potential energy rating was D.

18 HOMER CLOSE Sold Prices

Land registry data shows two sales for 18 HOMER CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the North Devon local authority area for the corresponding sale date. One of the two 18 HOMER CLOSE sales was for below the average price, whilst the other was 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
2016 24 JUN	£150,000	£159,845	6% below HPI
1997 16 MAY	£44,500	£41,364	8% above HPI

18 HOMER CLOSE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the North Devon local authority area over time, sourced from the HPI. The two 18 HOMER CLOSE sales from May 1997 and June 2016 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 1997 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the June 2016 sale, where it falls to 6% below the HPI. The line then continues to track at 6% below the HPI.

What might 18 HOMER CLOSE be worth now?

18 HOMER CLOSE might now be worth an estimated £208,969.

This is based on house price inflation of 39.3%, between June 2016 and May 2026, for terraced 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 39.3% inflationary increase is applied to the most recent sale price for 18 HOMER CLOSE of £150,000 on 24th June 2016. For the value to have increased from £150,000 to £208,969 over the ten years and one month to May 2026, the following assumptions must hold true:

• The value of 18 HOMER CLOSE has moved in line with the HPI for terraced houses in the North Devon local authority area.
• The June 2016 sale price of £150,000 represented a fair market value for the property.
• The size, condition, and specification of 18 HOMER CLOSE has not materially changed since June 2016.

How Large is 18 HOMER CLOSE?

18 HOMER CLOSE is 72m² according to the EPC inspection conducted in October 2010. This puts it in the smallest 10% of terraced houses houses in Bratton Fleming, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Bratton Fleming, and where 18 HOMER CLOSE lies on this distribution: 8% of terraced houses houses are smaller than 18 HOMER CLOSE, and 92% of houses are larger. Note that EPC data is not available for all properties in Bratton Fleming.

18 HOMER CLOSE: Plot and Title Map

18 HOMER CLOSE sits on a plot of roughly 0.035 of an acre, or 141m². The below map shows the location of 18 HOMER 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 18 HOMER 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 18 HOMER CLOSE?

18 HOMER CLOSE is located in BRATTON FLEMING, in the EX31 postcode district. The below map shows the position of No. 18 on HOMER CLOSE.