12, HIGHER ELMWOOD, ROUNDSWELL, BARNSTAPLE, EX31 3SG - £330,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

12 HIGHER ELMWOOD is a small detached house of 88m², built sometime between 1983 and 1990, which could now be worth an estimated £327,768. It was last sold for £330,000 in September 2024, which was around 24% below the average September 2024 detached price in the North Devon local authority area. The most recent EPC inspection was June 2024, where the current energy rating was C, and the potential energy rating was B.

12 HIGHER ELMWOOD Sold Prices

Land registry data shows two sales for 12 HIGHER ELMWOOD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the North Devon local authority area for the corresponding sale date. Both of the two 12 HIGHER ELMWOOD 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
2024 6 SEP	£330,000	£433,722	24% below HPI
1995 25 SEP	£69,950	£79,196	12% below HPI

12 HIGHER ELMWOOD Price Paid vs. HPI Average

The below graph shows the average detached house price in the North Devon local authority area over time, sourced from the HPI. The two 12 HIGHER ELMWOOD sales from September 1995 and September 2024 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 September 1995 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the September 2024 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

What might 12 HIGHER ELMWOOD be worth now?

12 HIGHER ELMWOOD might now be worth an estimated £327,768.

This is based on house price deflation of 0.7%, between September 2024 and December 2024, 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 0.7% deflationary decrease is applied to the most recent sale price for 12 HIGHER ELMWOOD of £330,000 on 6th September 2024. For the value to have decreased from £330,000 to £327,768 over the nine months to December 2024, the following assumptions must hold true:

• The value of 12 HIGHER ELMWOOD has moved in line with the HPI for detached houses in the North Devon local authority area.
• The September 2024 sale price of £330,000 represented a fair market value for the property.
• The size, condition, and specification of 12 HIGHER ELMWOOD has not materially changed since September 2024.

How Large is 12 HIGHER ELMWOOD?

12 HIGHER ELMWOOD is 88m² according to the EPC inspection conducted in June 2024. This puts it in the smallest 30% of detached houses houses in Barnstaple, based on EPC data. The below chart shows the distribution of detached houses houses by size in Barnstaple, and where 12 HIGHER ELMWOOD lies on this distribution: 28% of detached houses houses are smaller than 12 HIGHER ELMWOOD, and 70% of houses are larger. Note that EPC data is not available for all properties in Barnstaple.

12 HIGHER ELMWOOD: Plot and Title Map

12 HIGHER ELMWOOD sits on a plot of roughly 0.082 of an acre, or 333m². The below map shows the location of 12 HIGHER ELMWOOD, 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 12 HIGHER ELMWOOD). 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 12 HIGHER ELMWOOD?

12 HIGHER ELMWOOD is located in ROUNDSWELL, in the EX31 postcode district. The below map shows the position of No. 12 on HIGHER ELMWOOD.