LANE BARN, NORTHLEIGH HILL, GOODLEIGH, BARNSTAPLE, EX32 7NR - £575,000

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.

LANE BARN is a midsized detached house of 143m², which could now be worth an estimated £708,565. It was last sold for £575,000 in March 2019, which was around 59% above the average March 2019 detached price in the North Devon local authority area. The most recent EPC inspection was June 2018, where the current energy rating was C, and the potential energy rating was A.

LANE BARN Sold Prices

Land registry data shows two sales for LANE BARN 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 LANE BARN sales was for above the average price, whilst the other was 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
2019 4 MAR	£575,000	£361,230	59% above HPI
2017 6 SEP	£175,000	£343,818	49% below HPI

LANE BARN 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 LANE BARN sales from September 2017 and March 2019 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 September 2017 sale was for 49% below the HPI. So the extrapolation line tracks at 49% below the HPI over time, until the March 2019 sale, where it rises to 59% above the HPI. The line then continues to track at 59% above the HPI.

What might LANE BARN be worth now?

LANE BARN might now be worth an estimated £708,565.

This is based on house price inflation of 23.2%, between March 2019 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 23.2% inflationary increase is applied to the most recent sale price for LANE BARN of £575,000 on 4th March 2019. For the value to have increased from £575,000 to £708,565 over the six years and one month to February 2025, the following assumptions must hold true:

• The value of LANE BARN has moved in line with the HPI for detached houses in the North Devon local authority area.
• The March 2019 sale price of £575,000 represented a fair market value for the property.
• The size, condition, and specification of LANE BARN has not materially changed since March 2019.

How Large is LANE BARN?

LANE BARN is 143m² according to the EPC inspection conducted in June 2018. This puts it in the largest 40% of detached houses houses in Goodleigh, based on EPC data. The below chart shows the distribution of detached houses houses by size in Goodleigh, and where LANE BARN lies on this distribution: 58% of detached houses houses are smaller than LANE BARN, and 39% of houses are larger. Note that EPC data is not available for all properties in Goodleigh.

LANE BARN: Plot and Title Map

LANE BARN sits on a plot of roughly 0.773 of an acre, or 3,127m². The below map shows the location of LANE BARN, 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 LANE BARN). 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 LANE BARN?

LANE BARN is located on NORTHLEIGH HILL in GOODLEIGH, in the EX32 postcode district. The below map shows the position of LANE BARN on NORTHLEIGH HILL.