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

Based on the June 2024 Price Paid Data (released on 26 July 2024), the May 2024 House Price Index (released on 17 July 2024), and the June 2024 Energy Performance of Buildings Data (released on 25 July 2024). Sources

LORIEN is a large extended detached house of 120m², built sometime between 1996 and 2002. It was last sold for £560,000 in December 2022, which was around 24% 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	£450,728	24% above HPI
2011 16 MAR	£325,000	£269,733	20% above HPI
1996 16 FEB	£85,000	£71,481	19% 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 20% above the HPI. So the extrapolation line tracks at 20% above the HPI over time, until the December 2022 sale, where it rises to 24% above the HPI. The line then continues to track at 24% above the HPI.

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 in Barnstaple, based on EPC data. The below chart shows the distribution of detached houses by size in Barnstaple, and where LORIEN lies on this distribution: 67% of detached 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.