40, HOME FARM ROAD, FREMINGTON, BARNSTAPLE, EX31 3DJ - £262,500

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

40 HOME FARM ROAD is a small detached house of 76m², built sometime between 1967 and 1975. It was last sold for £262,500 in February 2021, which was around 28% below the average February 2021 detached price in the North Devon local authority area. The most recent EPC inspection was August 2020, where the current energy rating was D, and the potential energy rating was B.

40 HOME FARM ROAD Sold Prices

Land registry data shows two sales for 40 HOME FARM ROAD 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 40 HOME FARM ROAD 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
2021 4 FEB	£262,500	£365,229	28% below HPI
2001 21 JUN	£123,000	£140,793	13% below HPI

40 HOME FARM ROAD 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 40 HOME FARM ROAD sales from June 2001 and February 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 June 2001 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the February 2021 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is 40 HOME FARM ROAD?

40 HOME FARM ROAD is 76m² according to the EPC inspection conducted in August 2020. This puts it in the smallest 30% of detached houses in Fremington, based on EPC data. The below chart shows the distribution of detached houses by size in Fremington, and where 40 HOME FARM ROAD lies on this distribution: 21% of detached houses are smaller than 40 HOME FARM ROAD, and 78% of houses are larger. Note that EPC data is not available for all properties in Fremington.

40 HOME FARM ROAD: Plot and Title Map

40 HOME FARM ROAD sits on a plot of roughly 0.133 of an acre, or 540m². The below map shows the location of 40 HOME FARM ROAD, 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 40 HOME FARM ROAD). 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 40 HOME FARM ROAD?

40 HOME FARM ROAD is located in FREMINGTON, in the EX31 postcode district. The below map shows the position of No. 40 on HOME FARM ROAD.