14, SPEEDWELL CLOSE, BARNSTAPLE, EX32 8PY - £119,000

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.

14 SPEEDWELL CLOSE is a small flat of 46m², built sometime between 1983 and 1990, which could now be worth an estimated £143,707. It was last sold for £119,000 in June 2015, which was around 6% above the average June 2015 flat price in the North Devon local authority area. The most recent EPC inspection was January 2011, where the current energy rating was C, and the potential energy rating was C.

14 SPEEDWELL CLOSE Sold Prices

Land registry data shows four sales for 14 SPEEDWELL CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average flat price in the North Devon local authority area for the corresponding sale date. two of the four 14 SPEEDWELL CLOSE sales were for above the average price, and four 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
2015 30 JUN	£119,000	£111,853	6% above HPI
2007 1 JUN	£120,000	£122,657	2% below HPI
2005 21 MAR	£96,000	£112,290	15% below HPI
1996 30 APR	£33,750	£28,586	18% above HPI

What might 14 SPEEDWELL CLOSE be worth now?

14 SPEEDWELL CLOSE might now be worth an estimated £143,707.

This is based on house price inflation of 20.8%, between June 2015 and May 2026, for flats, 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 20.8% inflationary increase is applied to the most recent sale price for 14 SPEEDWELL CLOSE of £119,000 on 30th June 2015. For the value to have increased from £119,000 to £143,707 over the eleven years and one month to May 2026, the following assumptions must hold true:

• The value of 14 SPEEDWELL CLOSE has moved in line with the HPI for flats in the North Devon local authority area.
• The June 2015 sale price of £119,000 represented a fair market value for the property.
• The size, condition, and specification of 14 SPEEDWELL CLOSE has not materially changed since June 2015.

How Large is 14 SPEEDWELL CLOSE?

14 SPEEDWELL CLOSE is 46m² according to the EPC inspection conducted in January 2011. This puts it in the smallest 30% of flats in Barnstaple, based on EPC data. 24% of flats are smaller than 14 SPEEDWELL CLOSE, and 72% of flats are larger. Note that EPC data is not available for all properties in Barnstaple.

14 SPEEDWELL CLOSE: Plot

14 SPEEDWELL CLOSE sits on a plot of roughly 0.048 of an acre, or 196m².

Where is 14 SPEEDWELL CLOSE?

14 SPEEDWELL CLOSE is located in BARNSTAPLE, in the EX32 postcode district.