LORIEN, WILLOW TREE ROAD, BARNSTAPLE, EX32 9ET - £560,000

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.

LORIEN is a large extended detached house of 120m², built sometime between 1996 and 2002, which could now be worth an estimated £545,487. It was last sold for £560,000 in December 2022, which was around 23% above the average December 2022 detached price in the North Devon local authority area. The most recent EPC inspection was October 2022, where the current energy rating was D, and the potential energy rating was C.

LORIEN Sold Prices

Land registry data shows three sales for LORIEN 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 LORIEN 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
2022 8 DEC	£560,000	£456,982	23% above HPI
2011 16 MAR	£325,000	£276,155	18% above HPI
1996 16 FEB	£85,000	£73,183	16% above HPI

LORIEN 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 LORIEN sales between February 1996 and December 2022 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 March 2011 sale was for 18% above the HPI. So the extrapolation line tracks at 18% above the HPI over time, until the December 2022 sale, where it rises to 23% above the HPI. The line then continues to track at 23% above the HPI.

What might LORIEN be worth now?

LORIEN might now be worth an estimated £545,487.

This is based on house price deflation of 2.6%, between December 2022 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 2.6% deflationary decrease is applied to the most recent sale price for LORIEN of £560,000 on 8th December 2022. For the value to have decreased from £560,000 to £545,487 over the three years and ten months to February 2025, the following assumptions must hold true:

• The value of LORIEN has moved in line with the HPI for detached houses in the North Devon local authority area.
• The December 2022 sale price of £560,000 represented a fair market value for the property.
• The size, condition, and specification of LORIEN has not materially changed since December 2022.

How Large is LORIEN?

LORIEN is 120m², which includes one extension, according to the EPC inspection conducted in October 2022. This puts it in the largest 40% 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 LORIEN lies on this distribution: 67% of detached houses houses are smaller than LORIEN, and 32% of houses are larger. Note that EPC data is not available for all properties in Barnstaple.

LORIEN: Plot and Title Map

LORIEN sits on a plot of roughly 0.109 of an acre, or 440m². The below map shows the location of LORIEN, 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 LORIEN). 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 LORIEN?

LORIEN is located on WILLOW TREE ROAD in BARNSTAPLE, in the EX32 postcode district. The below map shows the position of LORIEN on WILLOW TREE ROAD.