41, SPEEDWELL CLOSE, BARNSTAPLE, EX32 8PY - £95,500

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

41 SPEEDWELL CLOSE is a very small semi-detached house of 56m², built sometime between 1983 and 1990, which could now be worth an estimated £220,376. It was last sold for £95,500 in February 2003, which was around 24% below the average February 2003 semi-detached price in the North Devon local authority area. The most recent EPC inspection was June 2022, where the current energy rating was C, and the potential energy rating was B.

41 SPEEDWELL CLOSE Sold Prices

Land registry data shows two sales for 41 SPEEDWELL CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the North Devon local authority area for the corresponding sale date. Both of the two 41 SPEEDWELL 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
2003 6 FEB	£95,500	£125,736	24% below HPI
1997 1 AUG	£41,950	£54,630	23% below HPI

41 SPEEDWELL CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the North Devon local authority area over time, sourced from the HPI. The two 41 SPEEDWELL CLOSE sales from August 1997 and February 2003 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 1997 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the February 2003 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

What might 41 SPEEDWELL CLOSE be worth now?

41 SPEEDWELL CLOSE might now be worth an estimated £220,376.

This is based on house price inflation of 130.8%, between February 2003 and December 2024, for semi-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 130.8% inflationary increase is applied to the most recent sale price for 41 SPEEDWELL CLOSE of £95,500 on 6th February 2003. For the value to have increased from £95,500 to £220,376 over the twenty years and two months to December 2024, the following assumptions must hold true:

• The value of 41 SPEEDWELL CLOSE has moved in line with the HPI for semi-detached houses in the North Devon local authority area.
• The February 2003 sale price of £95,500 represented a fair market value for the property.
• The size, condition, and specification of 41 SPEEDWELL CLOSE has not materially changed since February 2003.

How Large is 41 SPEEDWELL CLOSE?

41 SPEEDWELL CLOSE is 56m² according to the EPC inspection conducted in June 2022. This puts it in the smallest 10% of semi-detached houses houses in Barnstaple, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Barnstaple, and where 41 SPEEDWELL CLOSE lies on this distribution: 1% of semi-detached houses houses are smaller than 41 SPEEDWELL CLOSE, and 98% of houses are larger. Note that EPC data is not available for all properties in Barnstaple.

41 SPEEDWELL CLOSE: Plot and Title Map

41 SPEEDWELL CLOSE sits on a plot of roughly 0.022 of an acre, or 91m². The below map shows the location of 41 SPEEDWELL 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 41 SPEEDWELL 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 41 SPEEDWELL CLOSE?

41 SPEEDWELL CLOSE is located in BARNSTAPLE, in the EX32 postcode district. The below map shows the position of No. 41 on SPEEDWELL CLOSE.