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

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

LE PESAGE is a midsized extended detached house of 112m², built sometime between 1976 and 1982. It was last sold for £475,000 in December 2020, which was around 26% 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	£376,199	26% above HPI
2014 31 OCT	£245,500	£299,261	18% below HPI
2006 6 OCT	£235,000	£275,044	15% below HPI
1999 20 DEC	£105,000	£109,866	4% 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 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the December 2020 sale, where it rises to 26% above the HPI. The line then continues to track at 26% above the HPI.

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 in Barnstaple, based on EPC data. The below chart shows the distribution of detached houses by size in Barnstaple, and where LE PESAGE lies on this distribution: 58% of detached 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.