4, SCHOOL CLOSE, FREMINGTON, BARNSTAPLE, EX31 3AY - £227,500

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 SCHOOL CLOSE is a very small detached house of 70m², built sometime between 1950 and 1966, which could now be worth an estimated £304,361. It was last sold for £227,500 in February 2016, which was around 28% below the average February 2016 detached price in the North Devon local authority area. The most recent EPC inspection was June 2015, where the current energy rating was D, and the potential energy rating was B.

4 SCHOOL CLOSE Sold Prices

Land registry data shows one sale for 4 SCHOOL CLOSE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average detached price in the North Devon local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2016 25 FEB	£227,500	£314,734	28% below HPI

What might 4 SCHOOL CLOSE be worth now?

4 SCHOOL CLOSE might now be worth an estimated £304,361.

This is based on house price inflation of 33.8%, between February 2016 and May 2026, for detached 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 33.8% inflationary increase is applied to the most recent sale price for 4 SCHOOL CLOSE of £227,500 on 25th February 2016. For the value to have increased from £227,500 to £304,361 over the nine years and nine months to May 2026, the following assumptions must hold true:

• The value of 4 SCHOOL CLOSE has moved in line with the HPI for detached houses in the North Devon local authority area.
• The February 2016 sale price of £227,500 represented a fair market value for the property.
• The size, condition, and specification of 4 SCHOOL CLOSE has not materially changed since February 2016.

How Large is 4 SCHOOL CLOSE?

4 SCHOOL CLOSE is 70m² according to the EPC inspection conducted in June 2015. This puts it in the smallest 20% of detached houses in Fremington, based on EPC data. The below chart shows the distribution of detached houses by size in Fremington, and where 4 SCHOOL CLOSE lies on this distribution: 13% of detached houses are smaller than 4 SCHOOL CLOSE, and 86% of detached houses are larger. Note that EPC data is not available for all properties in Fremington.

4 SCHOOL CLOSE: Plot

4 SCHOOL CLOSE sits on a plot of roughly 0.100 of an acre, or 403m².

Where is 4 SCHOOL CLOSE?

4 SCHOOL CLOSE is located in FREMINGTON, in the EX31 postcode district.