7, HELE LANE, ROUNDSWELL, BARNSTAPLE, EX31 3XY - £325,000

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

7 HELE LANE is a small extended semi-detached house of 85m², built sometime between 1996 and 2002. It was last sold for £325,000 in March 2022, which was around 23% below the average March 2022 detached price in the North Devon local authority area. The most recent EPC inspection was September 2021, where the current energy rating was C, and the potential energy rating was B.

7 HELE LANE Sold Prices

Land registry data shows seven sales for 7 HELE LANE since 1^st January 1995. The below table shows the price paid for the seven sales, along with the average detached price in the North Devon local authority area for the corresponding sale date. All of the seven 7 HELE LANE 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
2022 17 MAR	£325,000	£421,485	23% below HPI
2019 16 MAY	£253,000	£349,053	28% below HPI
2011 28 APR	£209,950	£266,454	21% below HPI
2008 24 NOV	£200,000	£251,441	20% below HPI
2003 26 AUG	£166,950	£215,147	22% below HPI
2003 28 FEB	£159,500	£197,858	19% below HPI
2000 21 JAN	£91,950	£106,470	14% below HPI

7 HELE LANE 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 seven 7 HELE LANE sales between January 2000 and March 2022 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 May 2019 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the March 2022 sale, where it rises to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is 7 HELE LANE?

7 HELE LANE is 85m², which includes one extension, according to the EPC inspection conducted in September 2021. This puts it in the smallest 30% of detached houses in Barnstaple, based on EPC data. The below chart shows the distribution of detached houses by size in Barnstaple, and where 7 HELE LANE lies on this distribution: 24% of detached houses are smaller than 7 HELE LANE, and 75% of houses are larger. Note that EPC data is not available for all properties in Barnstaple.

7 HELE LANE: Plot and Title Map

7 HELE LANE sits on a plot of roughly 0.061 of an acre, or 245m². The below map shows the location of 7 HELE LANE, 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 7 HELE LANE). 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 7 HELE LANE?

7 HELE LANE is located in ROUNDSWELL, in the EX31 postcode district. The below map shows the position of No. 7 on HELE LANE.