4, ORCHID CLOSE, BARNSTAPLE, EX31 1AQ - £535,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

4 ORCHID CLOSE is a very large detached house of 156m², built in 2020. It was last sold for £535,000 in March 2024, which was around 31% above the average March 2024 detached price in the North Devon local authority area. The most recent EPC inspection was July 2021, where the current energy rating was B, and the potential energy rating was A.

4 ORCHID CLOSE Sold Prices

Land registry data shows two sales for 4 ORCHID 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 4 ORCHID 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
2024 11 MAR	£535,000	£409,774	31% above HPI
2021 12 AUG	£480,000	£376,726	27% above HPI

4 ORCHID 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 4 ORCHID CLOSE sales from August 2021 and March 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 August 2021 sale was for 27% above the HPI. So the extrapolation line tracks at 27% above the HPI over time, until the March 2024 sale, where it rises to 31% above the HPI. The line then continues to track at 31% above the HPI.

How Large is 4 ORCHID CLOSE?

4 ORCHID CLOSE is 156m² according to the EPC inspection conducted in July 2021. This puts it in the largest 20% of detached houses in Barnstaple, based on EPC data. The below chart shows the distribution of detached houses by size in Barnstaple, and where 4 ORCHID CLOSE lies on this distribution: 88% of detached houses are smaller than 4 ORCHID CLOSE, and 12% of houses are larger. Note that EPC data is not available for all properties in Barnstaple.

4 ORCHID CLOSE: Plot and Title Map

4 ORCHID CLOSE sits on a plot of roughly 0.113 of an acre, or 458m². The below map shows the location of 4 ORCHID 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 4 ORCHID 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 4 ORCHID CLOSE?

4 ORCHID CLOSE is located in BARNSTAPLE, in the EX31 postcode district. The below map shows the position of No. 4 on ORCHID CLOSE.