9, MEADOW CLOSE, ILFRACOMBE, EX34 8JA - £135,000

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.

9 MEADOW CLOSE is a very small terraced house of 54m², built sometime between 1967 and 1975, which could now be worth an estimated £215,558. It was last sold for £135,000 in June 2011, which was around 3% below the average June 2011 terraced price in the North Devon local authority area. The most recent EPC inspection was March 2014, where the current energy rating was C, and the potential energy rating was B.

9 MEADOW CLOSE Sold Prices

Land registry data shows three sales for 9 MEADOW CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the North Devon local authority area for the corresponding sale date. Two of the three 9 MEADOW CLOSE sales were for below the average price, whilst one 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
2011 29 JUN	£135,000	£139,463	3% below HPI
2004 7 MAY	£148,000	£125,418	18% above HPI
1995 29 SEP	£38,000	£38,797	2% below HPI

9 MEADOW 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 three 9 MEADOW CLOSE sales between September 1995 and June 2011 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 2004 sale was for 18% above the HPI. So the extrapolation line tracks at 18% above the HPI over time, until the June 2011 sale, where it falls to 3% below the HPI. The line then continues to track at 3% below the HPI.

What might 9 MEADOW CLOSE be worth now?

9 MEADOW CLOSE might now be worth an estimated £215,558.

This is based on house price inflation of 59.7%, between June 2011 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 59.7% inflationary increase is applied to the most recent sale price for 9 MEADOW CLOSE of £135,000 on 29th June 2011. For the value to have increased from £135,000 to £215,558 over the fifteen years and one month to May 2026, the following assumptions must hold true:

• The value of 9 MEADOW CLOSE has moved in line with the HPI for terraced houses in the North Devon local authority area.
• The June 2011 sale price of £135,000 represented a fair market value for the property.
• The size, condition, and specification of 9 MEADOW CLOSE has not materially changed since June 2011.

How Large is 9 MEADOW CLOSE?

9 MEADOW CLOSE is 54m² according to the EPC inspection conducted in March 2014. This puts it in the smallest 10% of terraced houses houses in Ilfracombe, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Ilfracombe, and where 9 MEADOW CLOSE lies on this distribution: 1% of terraced houses houses are smaller than 9 MEADOW CLOSE, and 99% of houses are larger. Note that EPC data is not available for all properties in Ilfracombe.

9 MEADOW CLOSE: Plot and Title Map

9 MEADOW CLOSE sits on a plot of roughly 0.046 of an acre, or 186m². The below map shows the location of 9 MEADOW 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 9 MEADOW 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 9 MEADOW CLOSE?

9 MEADOW CLOSE is located in ILFRACOMBE, in the EX34 postcode district. The below map shows the position of No. 9 on MEADOW CLOSE.