45, OTTER WAY, BARNSTAPLE, EX32 8PS - £179,250

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

45 OTTER WAY is a very small detached house of 54m², built sometime between 1983 and 1990, which could now be worth an estimated £218,164. It was last sold for £179,250 in October 2018, which was around 49% below the average October 2018 detached price in the North Devon local authority area. The most recent EPC inspection was February 2013, where the current energy rating was D, and the potential energy rating was B.

45 OTTER WAY Sold Prices

Land registry data shows three sales for 45 OTTER WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the North Devon local authority area for the corresponding sale date. All of the three 45 OTTER WAY 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
2018 26 OCT	£179,250	£353,949	49% below HPI
2013 5 JUL	£147,000	£264,180	44% below HPI
1998 9 APR	£47,000	£93,153	50% below HPI

45 OTTER WAY 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 three 45 OTTER WAY sales between April 1998 and October 2018 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 July 2013 sale was for 44% below the HPI. So the extrapolation line tracks at 44% below the HPI over time, until the October 2018 sale, where it falls to 49% below the HPI. The line then continues to track at 49% below the HPI.

What might 45 OTTER WAY be worth now?

45 OTTER WAY might now be worth an estimated £218,164.

This is based on house price inflation of 21.7%, between October 2018 and December 2024, 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 21.7% inflationary increase is applied to the most recent sale price for 45 OTTER WAY of £179,250 on 26th October 2018. For the value to have increased from £179,250 to £218,164 over the five years and ten months to December 2024, the following assumptions must hold true:

• The value of 45 OTTER WAY has moved in line with the HPI for detached houses in the North Devon local authority area.
• The October 2018 sale price of £179,250 represented a fair market value for the property.
• The size, condition, and specification of 45 OTTER WAY has not materially changed since October 2018.

How Large is 45 OTTER WAY?

45 OTTER WAY is 54m² according to the EPC inspection conducted in February 2013. This puts it in the smallest 10% 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 45 OTTER WAY lies on this distribution: 1% of detached houses houses are smaller than 45 OTTER WAY, and 99% of houses are larger. Note that EPC data is not available for all properties in Barnstaple.

45 OTTER WAY: Plot and Title Map

45 OTTER WAY sits on a plot of roughly 0.031 of an acre, or 126m². The below map shows the location of 45 OTTER WAY, 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 45 OTTER WAY). 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 45 OTTER WAY?

45 OTTER WAY is located in BARNSTAPLE, in the EX32 postcode district. The below map shows the position of No. 45 on OTTER WAY.