38, SHEARFORD CLOSE, BARNSTAPLE, EX31 1AG - £384,000

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.

38 SHEARFORD CLOSE is a small detached house of 89m², which could now be worth an estimated £392,804. It was last sold for £384,000 in June 2024, which was around 12% below the average June 2024 detached price in the North Devon local authority area. The most recent EPC inspection was August 2016, where the current energy rating was B, and the potential energy rating was A.

38 SHEARFORD CLOSE Sold Prices

Land registry data shows two sales for 38 SHEARFORD 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 38 SHEARFORD CLOSE 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 28 JUN	£384,000	£435,162	12% below HPI
2016 9 SEP	£275,000	£326,305	16% below HPI

38 SHEARFORD 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 38 SHEARFORD CLOSE sales from September 2016 and June 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 2016 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the June 2024 sale, where it rises to 12% below the HPI. The line then continues to track at 12% below the HPI.

What might 38 SHEARFORD CLOSE be worth now?

38 SHEARFORD CLOSE might now be worth an estimated £392,804.

This is based on house price inflation of 2.3%, between June 2024 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 2.3% inflationary increase is applied to the most recent sale price for 38 SHEARFORD CLOSE of £384,000 on 28th June 2024. For the value to have increased from £384,000 to £392,804 over the one year and four months to February 2025, the following assumptions must hold true:

• The value of 38 SHEARFORD CLOSE has moved in line with the HPI for detached houses in the North Devon local authority area.
• The June 2024 sale price of £384,000 represented a fair market value for the property.
• The size, condition, and specification of 38 SHEARFORD CLOSE has not materially changed since June 2024.

How Large is 38 SHEARFORD CLOSE?

38 SHEARFORD CLOSE is 89m² according to the EPC inspection conducted in August 2016. 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 SHEARFORD CLOSE lies on this distribution: 30% of detached houses houses are smaller than 38 SHEARFORD CLOSE, and 69% of houses are larger. Note that EPC data is not available for all properties in Barnstaple.

38 SHEARFORD CLOSE: Plot and Title Map

38 SHEARFORD CLOSE sits on a plot of roughly 0.071 of an acre, or 287m². The below map shows the location of 38 SHEARFORD 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 38 SHEARFORD 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 38 SHEARFORD CLOSE?

38 SHEARFORD CLOSE is located in BARNSTAPLE, in the EX31 postcode district. The below map shows the position of No. 38 on SHEARFORD CLOSE.