8, MEADOWSWEET LANE, ROUNDSWELL, BARNSTAPLE, EX31 3RS - £227,500

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.

8 MEADOWSWEET LANE is a small detached house of 97m², built sometime between 1991 and 1995, which could now be worth an estimated £360,206. It was last sold for £227,500 in August 2006, which was around 19% below the average August 2006 detached price in the North Devon local authority area. The most recent EPC inspection was January 2010, where the current energy rating was D, and the potential energy rating was D.

8 MEADOWSWEET LANE Sold Prices

Land registry data shows three sales for 8 MEADOWSWEET LANE 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 8 MEADOWSWEET 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
2006 11 AUG	£227,500	£281,142	19% below HPI
2003 24 NOV	£192,500	£220,906	13% below HPI
1997 22 DEC	£92,950	£93,439	1% below HPI

8 MEADOWSWEET 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 three 8 MEADOWSWEET LANE sales between December 1997 and August 2006 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 November 2003 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the August 2006 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

What might 8 MEADOWSWEET LANE be worth now?

8 MEADOWSWEET LANE might now be worth an estimated £360,206.

This is based on house price inflation of 58.3%, between August 2006 and February 2025, 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 58.3% inflationary increase is applied to the most recent sale price for 8 MEADOWSWEET LANE of £227,500 on 11th August 2006. For the value to have increased from £227,500 to £360,206 over the nineteen years and six months to February 2025, the following assumptions must hold true:

• The value of 8 MEADOWSWEET LANE has moved in line with the HPI for detached houses in the North Devon local authority area.
• The August 2006 sale price of £227,500 represented a fair market value for the property.
• The size, condition, and specification of 8 MEADOWSWEET LANE has not materially changed since August 2006.

How Large is 8 MEADOWSWEET LANE?

8 MEADOWSWEET LANE is 97m² according to the EPC inspection conducted in January 2010. This puts it in the smallest 40% 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 8 MEADOWSWEET LANE lies on this distribution: 40% of detached houses houses are smaller than 8 MEADOWSWEET LANE, and 60% of houses are larger. Note that EPC data is not available for all properties in Barnstaple.

8 MEADOWSWEET LANE: Plot and Title Map

8 MEADOWSWEET LANE sits on a plot of roughly 0.064 of an acre, or 258m². The below map shows the location of 8 MEADOWSWEET 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 8 MEADOWSWEET 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 8 MEADOWSWEET LANE?

8 MEADOWSWEET LANE is located in ROUNDSWELL, in the EX31 postcode district. The below map shows the position of No. 8 on MEADOWSWEET LANE.