45, MAZZARD CLOSE, LANDKEY, BARNSTAPLE, EX32 0LL - £163,000

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.

45 MAZZARD CLOSE is a very small extended terraced house of 84m², built sometime between 1967 and 1975, which could now be worth an estimated £204,898. It was last sold for £163,000 in September 2017, which was around 8% below the average September 2017 terraced price in the North Devon local authority area. The most recent EPC inspection was May 2017, where the current energy rating was C, and the potential energy rating was B.

45 MAZZARD CLOSE Sold Prices

Land registry data shows five sales for 45 MAZZARD 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 45 MAZZARD 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
2017 8 SEP	£163,000	£177,149	8% below HPI
2004 23 JUL	£139,950	£130,146	8% above HPI
2001 31 MAY	£59,950	£68,053	12% below HPI
1998 1 JUL	£41,500	£45,632	9% below HPI
1997 25 JUL	£38,000	£42,341	10% below HPI

45 MAZZARD 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 45 MAZZARD CLOSE sales between July 1997 and September 2017 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 2004 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the September 2017 sale, where it falls to 8% below the HPI. The line then continues to track at 8% below the HPI.

What might 45 MAZZARD CLOSE be worth now?

45 MAZZARD CLOSE might now be worth an estimated £204,898.

This is based on house price inflation of 25.7%, between September 2017 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 25.7% inflationary increase is applied to the most recent sale price for 45 MAZZARD CLOSE of £163,000 on 8th September 2017. For the value to have increased from £163,000 to £204,898 over the nine years and four months to May 2026, the following assumptions must hold true:

• The value of 45 MAZZARD CLOSE has moved in line with the HPI for terraced houses in the North Devon local authority area.
• The September 2017 sale price of £163,000 represented a fair market value for the property.
• The size, condition, and specification of 45 MAZZARD CLOSE has not materially changed since September 2017.

How Large is 45 MAZZARD CLOSE?

45 MAZZARD CLOSE is 84m², which includes one extension, according to the EPC inspection conducted in May 2017. This puts it in the smallest 20% of terraced houses houses in Landkey, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Landkey, and where 45 MAZZARD CLOSE lies on this distribution: 18% of terraced houses houses are smaller than 45 MAZZARD CLOSE, and 81% of houses are larger. Note that EPC data is not available for all properties in Landkey.

45 MAZZARD CLOSE: Plot and Title Map

45 MAZZARD CLOSE sits on a plot of roughly 0.043 of an acre, or 174m². The below map shows the location of 45 MAZZARD 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 45 MAZZARD 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 45 MAZZARD CLOSE?

45 MAZZARD CLOSE is located in LANDKEY, in the EX32 postcode district. The below map shows the position of No. 45 on MAZZARD CLOSE.