LE PESAGE, RALEIGH ROAD, BARNSTAPLE, EX31 4HY - £475,000

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.

LE PESAGE is a midsized extended detached house of 112m², built sometime between 1976 and 1982, which could now be worth an estimated £548,975. It was last sold for £475,000 in December 2020, which was around 23% above the average December 2020 detached price in the North Devon local authority area. The most recent EPC inspection was July 2018, where the current energy rating was C, and the potential energy rating was B.

LE PESAGE Sold Prices

Land registry data shows four sales for LE PESAGE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the North Devon local authority area for the corresponding sale date. Most of the four LE PESAGE 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
2020 21 DEC	£475,000	£385,156	23% above HPI
2014 31 OCT	£245,500	£306,386	20% below HPI
2006 6 OCT	£235,000	£281,592	17% below HPI
1999 20 DEC	£105,000	£112,482	7% below HPI

LE PESAGE 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 four LE PESAGE sales between December 1999 and December 2020 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 October 2014 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the December 2020 sale, where it rises to 23% above the HPI. The line then continues to track at 23% above the HPI.

What might LE PESAGE be worth now?

LE PESAGE might now be worth an estimated £548,975.

This is based on house price inflation of 15.6%, between December 2020 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 15.6% inflationary increase is applied to the most recent sale price for LE PESAGE of £475,000 on 21st December 2020. For the value to have increased from £475,000 to £548,975 over the five years and ten months to February 2025, the following assumptions must hold true:

• The value of LE PESAGE has moved in line with the HPI for detached houses in the North Devon local authority area.
• The December 2020 sale price of £475,000 represented a fair market value for the property.
• The size, condition, and specification of LE PESAGE has not materially changed since December 2020.

How Large is LE PESAGE?

LE PESAGE is 112m², which includes one extension, according to the EPC inspection conducted in July 2018. This puts it in the largest 50% 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 LE PESAGE lies on this distribution: 57% of detached houses houses are smaller than LE PESAGE, and 42% of houses are larger. Note that EPC data is not available for all properties in Barnstaple.

LE PESAGE: Plot and Title Map

LE PESAGE sits on a plot of roughly 0.341 of an acre, or 1,379m². The below map shows the location of LE PESAGE, 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 LE PESAGE). 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 LE PESAGE?

LE PESAGE is located on RALEIGH ROAD in BARNSTAPLE, in the EX31 postcode district. The below map shows the position of LE PESAGE on RALEIGH ROAD.