41, REDLANDS ROAD, FREMINGTON, BARNSTAPLE, EX31 2NY - £320,000

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

41 REDLANDS ROAD is a very small detached house of 55m², built sometime between 1967 and 1975. It was last sold for £320,000 in July 2024, which was around 27% below the average July 2024 detached price in the North Devon local authority area. The most recent EPC inspection was February 2024, where the current energy rating was D, and the potential energy rating was B.

41 REDLANDS ROAD Sold Prices

Land registry data shows two sales for 41 REDLANDS 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 41 REDLANDS 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
2024 24 JUL	£320,000	£440,125	27% below HPI
1995 31 JAN	£60,000	£70,239	15% below HPI

41 REDLANDS 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 41 REDLANDS ROAD sales from January 1995 and July 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 January 1995 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the July 2024 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is 41 REDLANDS ROAD?

41 REDLANDS ROAD is 55m² according to the EPC inspection conducted in February 2024. This puts it in the smallest 10% of detached houses in Fremington, based on EPC data. The below chart shows the distribution of detached houses by size in Fremington, and where 41 REDLANDS ROAD lies on this distribution: 2% of detached houses are smaller than 41 REDLANDS ROAD, and 98% of houses are larger. Note that EPC data is not available for all properties in Fremington.

41 REDLANDS ROAD: Plot and Title Map

41 REDLANDS ROAD sits on a plot of roughly 0.066 of an acre, or 266m². The below map shows the location of 41 REDLANDS 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 41 REDLANDS 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 41 REDLANDS ROAD?

41 REDLANDS ROAD is located in FREMINGTON, in the EX31 postcode district. The below map shows the position of No. 41 on REDLANDS ROAD.