48, HOME FARM ROAD, FREMINGTON, BARNSTAPLE, EX31 3DJ - £198,000

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

48 HOME FARM ROAD is a very small detached house of 71m², built sometime between 1950 and 1966. It was last sold for £198,000 in May 2014, which was around 31% below the average May 2014 detached price in the North Devon local authority area. The most recent EPC inspection was July 2013, where the current energy rating was D, and the potential energy rating was B.

48 HOME FARM ROAD Sold Prices

Land registry data shows two sales for 48 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 48 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
2014 9 MAY	£198,000	£284,912	31% below HPI
2003 15 OCT	£165,000	£215,123	23% below HPI

48 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 48 HOME FARM ROAD sales from October 2003 and May 2014 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 October 2003 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the May 2014 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is 48 HOME FARM ROAD?

48 HOME FARM ROAD is 71m² according to the EPC inspection conducted in July 2013. This puts it in the smallest 20% of detached houses in Fremington, based on EPC data. The below chart shows the distribution of detached houses by size in Fremington, and where 48 HOME FARM ROAD lies on this distribution: 15% of detached houses are smaller than 48 HOME FARM ROAD, and 84% of houses are larger. Note that EPC data is not available for all properties in Fremington.

48 HOME FARM ROAD: Plot and Title Map

48 HOME FARM ROAD sits on a plot of roughly 0.119 of an acre, or 482m². The below map shows the location of 48 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 48 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 48 HOME FARM ROAD?

48 HOME FARM ROAD is located in FREMINGTON, in the EX31 postcode district. The below map shows the position of No. 48 on HOME FARM ROAD.