7, PARK LANE, BARNSTAPLE, EX32 9AL - £387,500

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

7 PARK LANE is a very large extended semi-detached house of 185m², built sometime between 1900 and 1929, which could now be worth an estimated £525,298. It was last sold for £387,500 in August 2017, which was around 76% above the average August 2017 semi-detached price in the North Devon local authority area. The most recent EPC inspection was October 2016, where the current energy rating was D, and the potential energy rating was B.

7 PARK LANE Sold Prices

Land registry data shows three sales for 7 PARK LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the North Devon local authority area for the corresponding sale date. All of the three 7 PARK LANE sales were for above 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
2017 24 AUG	£387,500	£220,734	76% above HPI
2010 8 JUN	£316,000	£183,051	73% above HPI
1996 24 MAY	£77,500	£48,299	60% above HPI

7 PARK LANE 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 three 7 PARK LANE sales between May 1996 and August 2017 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 June 2010 sale was for 73% above the HPI. So the extrapolation line tracks at 73% above the HPI over time, until the August 2017 sale, where it rises to 76% above the HPI. The line then continues to track at 76% above the HPI.

What might 7 PARK LANE be worth now?

7 PARK LANE might now be worth an estimated £525,298.

This is based on house price inflation of 35.6%, between August 2017 and February 2025, 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 35.6% inflationary increase is applied to the most recent sale price for 7 PARK LANE of £387,500 on 24th August 2017. For the value to have increased from £387,500 to £525,298 over the eight years and six months to February 2025, the following assumptions must hold true:

• The value of 7 PARK LANE has moved in line with the HPI for semi-detached houses in the North Devon local authority area.
• The August 2017 sale price of £387,500 represented a fair market value for the property.
• The size, condition, and specification of 7 PARK LANE has not materially changed since August 2017.

How Large is 7 PARK LANE?

7 PARK LANE is 185m², which includes one extension, according to the EPC inspection conducted in October 2016. This puts it in the largest 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 7 PARK LANE lies on this distribution: 93% of semi-detached houses houses are smaller than 7 PARK LANE, and 7% of houses are larger. Note that EPC data is not available for all properties in Barnstaple.

7 PARK LANE: Plot and Title Map

7 PARK LANE sits on a plot of roughly 0.070 of an acre, or 285m². The below map shows the location of 7 PARK 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 PARK 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 PARK LANE?

7 PARK LANE is located in BARNSTAPLE, in the EX32 postcode district. The below map shows the position of No. 7 on PARK LANE.