FAIR WINDS, PARRACOMBE, BARNSTAPLE, EX31 4QQ - £330,000

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

FAIR WINDS is a very small detached house of 97m², built sometime between 1967 and 1975. It was last sold for £330,000 in November 2018, which was around 6% below the average November 2018 detached price in the North Devon local authority area. The most recent EPC inspection was March 2018, where the current energy rating was D, and the potential energy rating was C.

FAIR WINDS Sold Prices

Land registry data shows two sales for FAIR WINDS 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. One of the two FAIR WINDS sales was for below the average price, whilst the other was roughly equal to 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
2018 16 NOV	£330,000	£350,231	6% below HPI
2003 2 MAY	£199,950	£200,455	Close to HPI

FAIR WINDS 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 FAIR WINDS sales from May 2003 and November 2018 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 2003 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the November 2018 sale, where it falls to 6% below the HPI. The line then continues to track at 6% below the HPI.

How Large is FAIR WINDS?

FAIR WINDS is 97m² according to the EPC inspection conducted in March 2018. This puts it in the smallest 20% of detached houses in Parracombe, based on EPC data. The below chart shows the distribution of detached houses by size in Parracombe, and where FAIR WINDS lies on this distribution: 15% of detached houses are smaller than FAIR WINDS, and 85% of houses are larger. Note that EPC data is not available for all properties in Parracombe.

FAIR WINDS: Plot and Title Map

FAIR WINDS sits on a plot of roughly 0.446 of an acre, or 1,804m². The below map shows the location of FAIR WINDS, 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 FAIR WINDS). 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 FAIR WINDS?

FAIR WINDS is located in PARRACOMBE, in the EX31 postcode district. The below map shows the position of FAIR WINDS in PARRACOMBE.