16, LEY MEADOW DRIVE, ROUNDSWELL, BARNSTAPLE, EX31 3XX - £225,000

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.

16 LEY MEADOW DRIVE is a very small detached house of 62m², built sometime between 1996 and 2002, which could now be worth an estimated £281,779. It was last sold for £225,000 in January 2019, which was around 37% below the average January 2019 detached price in the North Devon local authority area. The most recent EPC inspection was September 2013, where the current energy rating was C, and the potential energy rating was C.

16 LEY MEADOW DRIVE Sold Prices

Land registry data shows three sales for 16 LEY MEADOW DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the North Devon local authority area for the corresponding sale date. All of the three 16 LEY MEADOW DRIVE 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
2019 10 JAN	£225,000	£354,845	37% below HPI
1999 12 AUG	£62,000	£102,133	39% below HPI
1998 29 MAY	£54,950	£92,014	40% below HPI

16 LEY MEADOW DRIVE 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 three 16 LEY MEADOW DRIVE sales between May 1998 and January 2019 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 August 1999 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the January 2019 sale, where it rises to 37% below the HPI. The line then continues to track at 37% below the HPI.

What might 16 LEY MEADOW DRIVE be worth now?

16 LEY MEADOW DRIVE might now be worth an estimated £281,779.

This is based on house price inflation of 25.2%, between January 2019 and March 2025, 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 25.2% inflationary increase is applied to the most recent sale price for 16 LEY MEADOW DRIVE of £225,000 on 10th January 2019. For the value to have increased from £225,000 to £281,779 over the five years and ten months to March 2025, the following assumptions must hold true:

• The value of 16 LEY MEADOW DRIVE has moved in line with the HPI for detached houses in the North Devon local authority area.
• The January 2019 sale price of £225,000 represented a fair market value for the property.
• The size, condition, and specification of 16 LEY MEADOW DRIVE has not materially changed since January 2019.

How Large is 16 LEY MEADOW DRIVE?

16 LEY MEADOW DRIVE is 62m² according to the EPC inspection conducted in September 2013. This puts it in the smallest 10% 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 16 LEY MEADOW DRIVE lies on this distribution: 4% of detached houses houses are smaller than 16 LEY MEADOW DRIVE, and 96% of houses are larger. Note that EPC data is not available for all properties in Barnstaple.

16 LEY MEADOW DRIVE: Plot and Title Map

16 LEY MEADOW DRIVE sits on a plot of roughly 0.074 of an acre, or 300m². The below map shows the location of 16 LEY MEADOW DRIVE, 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 16 LEY MEADOW DRIVE). 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 16 LEY MEADOW DRIVE?

16 LEY MEADOW DRIVE is located in ROUNDSWELL, in the EX31 postcode district. The below map shows the position of No. 16 on LEY MEADOW DRIVE.