2, FARM CLOSE, ROUNDSWELL, BARNSTAPLE, EX31 3GF - £412,500

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

2 FARM CLOSE is a large detached house of 131m², which could now be worth an estimated £476,799. It was last sold for £412,500 in March 2021, which was around 11% above the average March 2021 detached price in the North Devon local authority area. The most recent EPC inspection was October 2016, where the current energy rating was B, and the potential energy rating was A.

2 FARM CLOSE Sold Prices

Land registry data shows two sales for 2 FARM CLOSE 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 2 FARM CLOSE sales were 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
2021 31 MAR	£412,500	£372,695	11% above HPI
2016 21 OCT	£353,995	£324,765	9% above HPI

2 FARM CLOSE 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 2 FARM CLOSE sales from October 2016 and March 2021 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 October 2016 sale was for 9% above the HPI. So the extrapolation line tracks at 9% above the HPI over time, until the March 2021 sale, where it rises to 11% above the HPI. The line then continues to track at 11% above the HPI.

What might 2 FARM CLOSE be worth now?

2 FARM CLOSE might now be worth an estimated £476,799.

This is based on house price inflation of 15.6%, between March 2021 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 15.6% inflationary increase is applied to the most recent sale price for 2 FARM CLOSE of £412,500 on 31st March 2021. For the value to have increased from £412,500 to £476,799 over the two years and three months to December 2024, the following assumptions must hold true:

• The value of 2 FARM CLOSE has moved in line with the HPI for detached houses in the North Devon local authority area.
• The March 2021 sale price of £412,500 represented a fair market value for the property.
• The size, condition, and specification of 2 FARM CLOSE has not materially changed since March 2021.

How Large is 2 FARM CLOSE?

2 FARM CLOSE is 131m² according to the EPC inspection conducted in October 2016. This puts it in the largest 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 2 FARM CLOSE lies on this distribution: 77% of detached houses houses are smaller than 2 FARM CLOSE, and 22% of houses are larger. Note that EPC data is not available for all properties in Barnstaple.

2 FARM CLOSE: Plot and Title Map

2 FARM CLOSE sits on a plot of roughly 0.088 of an acre, or 358m². The below map shows the location of 2 FARM 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 2 FARM 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 2 FARM CLOSE?

2 FARM CLOSE is located in ROUNDSWELL, in the EX31 postcode district. The below map shows the position of No. 2 on FARM CLOSE.