8, DRAKE AVENUE, YELLAND, BARNSTAPLE, EX31 3GN - £390,000

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

8 DRAKE AVENUE is a small detached house of 80m², which could now be worth an estimated £387,935. It was last sold for £390,000 in July 2024, which was around 10% below the average July 2024 detached price in the North Devon local authority area. The most recent EPC inspection was October 2018, where the current energy rating was B, and the potential energy rating was A.

8 DRAKE AVENUE Sold Prices

Land registry data shows two sales for 8 DRAKE AVENUE 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 8 DRAKE AVENUE 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
2024 12 JUL	£390,000	£433,082	10% below HPI
2018 7 DEC	£297,999	£345,561	14% below HPI

8 DRAKE AVENUE 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 8 DRAKE AVENUE sales from December 2018 and July 2024 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 December 2018 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the July 2024 sale, where it rises to 10% below the HPI. The line then continues to track at 10% below the HPI.

What might 8 DRAKE AVENUE be worth now?

8 DRAKE AVENUE might now be worth an estimated £387,935.

This is based on house price deflation of 0.5%, between July 2024 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 0.5% deflationary decrease is applied to the most recent sale price for 8 DRAKE AVENUE of £390,000 on 12th July 2024. For the value to have decreased from £390,000 to £387,935 over the seven months to December 2024, the following assumptions must hold true:

• The value of 8 DRAKE AVENUE has moved in line with the HPI for detached houses in the North Devon local authority area.
• The July 2024 sale price of £390,000 represented a fair market value for the property.
• The size, condition, and specification of 8 DRAKE AVENUE has not materially changed since July 2024.

How Large is 8 DRAKE AVENUE?

8 DRAKE AVENUE is 80m² according to the EPC inspection conducted in October 2018. This puts it in the smallest 30% of detached houses houses in Yelland, based on EPC data. The below chart shows the distribution of detached houses houses by size in Yelland, and where 8 DRAKE AVENUE lies on this distribution: 21% of detached houses houses are smaller than 8 DRAKE AVENUE, and 74% of houses are larger. Note that EPC data is not available for all properties in Yelland.

8 DRAKE AVENUE: Plot and Title Map

8 DRAKE AVENUE sits on a plot of roughly 0.049 of an acre, or 200m². The below map shows the location of 8 DRAKE AVENUE, 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 8 DRAKE AVENUE). 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 8 DRAKE AVENUE?

8 DRAKE AVENUE is located in YELLAND, in the EX31 postcode district. The below map shows the position of No. 8 on DRAKE AVENUE.