2, RYE PARK CLOSE, BEAFORD, WINKLEIGH, EX19 8NL - £366,000

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.

2 RYE PARK CLOSE is a small detached house of 101m², built sometime between 1983 and 1990, which could now be worth an estimated £307,994. It was last sold for £366,000 in December 2022, which was around 18% below the average December 2022 detached price in the Torridge local authority area. The most recent EPC inspection was November 2022, where the current energy rating was D, and the potential energy rating was C.

2 RYE PARK CLOSE Sold Prices

Land registry data shows three sales for 2 RYE PARK CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Torridge local authority area for the corresponding sale date. All of the three 2 RYE PARK 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 13 DEC	£366,000	£447,910	18% below HPI
2014 4 JUL	£224,000	£264,590	15% below HPI
2007 3 JUL	£221,000	£270,114	18% below HPI

2 RYE PARK 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 three 2 RYE PARK CLOSE sales between July 2007 and December 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 2014 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the December 2022 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

What might 2 RYE PARK CLOSE be worth now?

2 RYE PARK CLOSE might now be worth an estimated £307,994.

This is based on house price deflation of 15.8%, between December 2022 and May 2026, 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 15.8% deflationary decrease is applied to the most recent sale price for 2 RYE PARK CLOSE of £366,000 on 13th December 2022. For the value to have decreased from £366,000 to £307,994 over the four years and seven months to May 2026, the following assumptions must hold true:

• The value of 2 RYE PARK CLOSE has moved in line with the HPI for detached houses in the Torridge local authority area.
• The December 2022 sale price of £366,000 represented a fair market value for the property.
• The size, condition, and specification of 2 RYE PARK CLOSE has not materially changed since December 2022.

How Large is 2 RYE PARK CLOSE?

2 RYE PARK CLOSE is 101m² according to the EPC inspection conducted in November 2022. This puts it in the smallest 40% of detached houses houses in Beaford, based on EPC data. The below chart shows the distribution of detached houses houses by size in Beaford, and where 2 RYE PARK CLOSE lies on this distribution: 38% of detached houses houses are smaller than 2 RYE PARK CLOSE, and 62% of houses are larger. Note that EPC data is not available for all properties in Beaford.

2 RYE PARK CLOSE: Plot and Title Map

2 RYE PARK CLOSE sits on a plot of roughly 0.109 of an acre, or 440m². The below map shows the location of 2 RYE PARK 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 2 RYE PARK 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 2 RYE PARK CLOSE?

2 RYE PARK CLOSE is located in BEAFORD, in the EX19 postcode district. The below map shows the position of No. 2 on RYE PARK CLOSE.