38, FAIRACRE AVENUE, BARNSTAPLE, EX32 9DF - £231,250

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.

38 FAIRACRE AVENUE is a small extended detached house of 91m², built sometime between 1996 and 2002, which could now be worth an estimated £350,495. It was last sold for £231,250 in February 2015, which was around 21% below the average February 2015 detached price in the North Devon local authority area. The most recent EPC inspection was September 2010, where the current energy rating was C, and the potential energy rating was C.

38 FAIRACRE AVENUE Sold Prices

Land registry data shows two sales for 38 FAIRACRE AVENUE 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 38 FAIRACRE AVENUE 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
2015 24 FEB	£231,250	£293,694	21% below HPI
2011 23 MAR	£202,500	£276,155	27% below HPI

38 FAIRACRE AVENUE 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 38 FAIRACRE AVENUE sales from March 2011 and February 2015 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 March 2011 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the February 2015 sale, where it rises to 21% below the HPI. The line then continues to track at 21% below the HPI.

What might 38 FAIRACRE AVENUE be worth now?

38 FAIRACRE AVENUE might now be worth an estimated £350,495.

This is based on house price inflation of 51.6%, between February 2015 and February 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 51.6% inflationary increase is applied to the most recent sale price for 38 FAIRACRE AVENUE of £231,250 on 24th February 2015. For the value to have increased from £231,250 to £350,495 over the ten years to February 2025, the following assumptions must hold true:

• The value of 38 FAIRACRE AVENUE has moved in line with the HPI for detached houses in the North Devon local authority area.
• The February 2015 sale price of £231,250 represented a fair market value for the property.
• The size, condition, and specification of 38 FAIRACRE AVENUE has not materially changed since February 2015.

How Large is 38 FAIRACRE AVENUE?

38 FAIRACRE AVENUE is 91m², which includes one extension, according to the EPC inspection conducted in September 2010. This puts it in the smallest 40% 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 38 FAIRACRE AVENUE lies on this distribution: 34% of detached houses houses are smaller than 38 FAIRACRE AVENUE, and 66% of houses are larger. Note that EPC data is not available for all properties in Barnstaple.

38 FAIRACRE AVENUE: Plot and Title Map

38 FAIRACRE AVENUE sits on a plot of roughly 0.059 of an acre, or 238m². The below map shows the location of 38 FAIRACRE AVENUE, 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 38 FAIRACRE AVENUE). 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 38 FAIRACRE AVENUE?

38 FAIRACRE AVENUE is located in BARNSTAPLE, in the EX32 postcode district. The below map shows the position of No. 38 on FAIRACRE AVENUE.