4, HOMER CLOSE, BRATTON FLEMING, BARNSTAPLE, EX31 4TD - £185,500

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.

4 HOMER CLOSE is a very small terraced house of 76m², built sometime between 1991 and 1995, which could now be worth an estimated £243,548. It was last sold for £185,500 in September 2016, which was around 9% above the average September 2016 terraced price in the North Devon local authority area. The most recent EPC inspection was August 2015, where the current energy rating was C, and the potential energy rating was B.

4 HOMER CLOSE Sold Prices

Land registry data shows five sales for 4 HOMER CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average terraced price in the North Devon local authority area for the corresponding sale date. Most of the five 4 HOMER 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
2016 26 SEP	£185,500	£169,609	9% above HPI
2016 8 FEB	£160,000	£162,765	2% below HPI
2001 19 SEP	£85,000	£69,694	22% above HPI
1999 1 FEB	£60,000	£46,659	29% above HPI
1996 27 SEP	£42,000	£37,619	12% above HPI

4 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 five 4 HOMER CLOSE sales between September 1996 and September 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 February 2016 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the September 2016 sale, where it rises to 9% above the HPI. The line then continues to track at 9% above the HPI.

What might 4 HOMER CLOSE be worth now?

4 HOMER CLOSE might now be worth an estimated £243,548.

This is based on house price inflation of 31.3%, between September 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 31.3% inflationary increase is applied to the most recent sale price for 4 HOMER CLOSE of £185,500 on 26th September 2016. For the value to have increased from £185,500 to £243,548 over the ten years and four months to May 2026, the following assumptions must hold true:

• The value of 4 HOMER CLOSE has moved in line with the HPI for terraced houses in the North Devon local authority area.
• The September 2016 sale price of £185,500 represented a fair market value for the property.
• The size, condition, and specification of 4 HOMER CLOSE has not materially changed since September 2016.

How Large is 4 HOMER CLOSE?

4 HOMER CLOSE is 76m² according to the EPC inspection conducted in August 2015. 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 4 HOMER CLOSE lies on this distribution: 10% of terraced houses houses are smaller than 4 HOMER CLOSE, and 90% of houses are larger. Note that EPC data is not available for all properties in Bratton Fleming.

4 HOMER CLOSE: Plot and Title Map

4 HOMER CLOSE sits on a plot of roughly 0.044 of an acre, or 177m². The below map shows the location of 4 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 4 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 4 HOMER CLOSE?

4 HOMER CLOSE is located in BRATTON FLEMING, in the EX31 postcode district. The below map shows the position of No. 4 on HOMER CLOSE.