3, HELE RISE, ROUNDSWELL, BARNSTAPLE, EX31 3UT - £299,950

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

3 HELE RISE is a very small extended detached house of 76m², built sometime between 2003 and 2006, which could now be worth an estimated £298,003. It was last sold for £299,950 in February 2022, which was around 31% below the average February 2022 detached price in the North Devon local authority area. The most recent EPC inspection was July 2021, where the current energy rating was C, and the potential energy rating was B.

3 HELE RISE Sold Prices

Land registry data shows six sales for 3 HELE RISE since 1^st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the North Devon local authority area for the corresponding sale date. All of the six 3 HELE RISE 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
2022 18 FEB	£299,950	£433,603	31% below HPI
2010 30 APR	£208,000	£274,243	24% below HPI
2007 18 MAY	£202,000	£290,599	30% below HPI
2005 15 AUG	£165,000	£262,805	37% below HPI
2000 7 APR	£79,950	£117,156	32% below HPI
1999 25 JUN	£70,500	£103,562	32% below HPI

3 HELE RISE 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 six 3 HELE RISE sales between June 1999 and February 2022 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 April 2010 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the February 2022 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

What might 3 HELE RISE be worth now?

3 HELE RISE might now be worth an estimated £298,003.

This is based on house price deflation of 0.6%, between February 2022 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 0.6% deflationary decrease is applied to the most recent sale price for 3 HELE RISE of £299,950 on 18th February 2022. For the value to have decreased from £299,950 to £298,003 over the one year and two months to December 2024, the following assumptions must hold true:

• The value of 3 HELE RISE has moved in line with the HPI for detached houses in the North Devon local authority area.
• The February 2022 sale price of £299,950 represented a fair market value for the property.
• The size, condition, and specification of 3 HELE RISE has not materially changed since February 2022.

How Large is 3 HELE RISE?

3 HELE RISE is 76m², which includes one extension, according to the EPC inspection conducted in July 2021. This puts it in the smallest 20% 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 3 HELE RISE lies on this distribution: 13% of detached houses houses are smaller than 3 HELE RISE, and 86% of houses are larger. Note that EPC data is not available for all properties in Barnstaple.

3 HELE RISE: Plot and Title Map

3 HELE RISE sits on a plot of roughly 0.049 of an acre, or 200m². The below map shows the location of 3 HELE RISE, 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 3 HELE RISE). 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 3 HELE RISE?

3 HELE RISE is located in ROUNDSWELL, in the EX31 postcode district. The below map shows the position of No. 3 on HELE RISE.