CLEAVE, WESTFIELD AVENUE, STICKLEPATH, BARNSTAPLE, EX31 2DY - £447,500

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

CLEAVE is a very large extended detached house of 165m², built sometime between 1950 and 1966. It was last sold for £447,500 in January 2021, which was around 21% above the average January 2021 detached price in the North Devon local authority area. The most recent EPC inspection was September 2020, where the current energy rating was D, and the potential energy rating was C.

CLEAVE Sold Prices

Land registry data shows three sales for CLEAVE 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 CLEAVE 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
2021 29 JAN	£447,500	£370,747	21% above HPI
2012 27 APR	£348,500	£274,496	27% above HPI
1999 6 AUG	£106,000	£99,758	6% above HPI

CLEAVE 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 CLEAVE sales between August 1999 and January 2021 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 April 2012 sale was for 27% above the HPI. So the extrapolation line tracks at 27% above the HPI over time, until the January 2021 sale, where it falls to 21% above the HPI. The line then continues to track at 21% above the HPI.

How Large is CLEAVE?

CLEAVE is 165m², which includes one extension, according to the EPC inspection conducted in September 2020. This puts it in the largest 10% of detached houses in Barnstaple, based on EPC data. The below chart shows the distribution of detached houses by size in Barnstaple, and where CLEAVE lies on this distribution: 90% of detached houses are smaller than CLEAVE, and 10% of houses are larger. Note that EPC data is not available for all properties in Barnstaple.

CLEAVE: Plot and Title Map

CLEAVE sits on a plot of roughly 0.140 of an acre, or 566m². The below map shows the location of CLEAVE, 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 CLEAVE). 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 CLEAVE?

CLEAVE is located on WESTFIELD AVENUE in STICKLEPATH, in the EX31 postcode district. The below map shows the position of CLEAVE on WESTFIELD AVENUE.