NEWLANDS, HOPPERSTYLE, BICKINGTON, BARNSTAPLE, EX31 2LB - £302,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

NEWLANDS is a very small detached house of 63m², built sometime between 1967 and 1975. It was last sold for £302,000 in August 2024, which was around 30% below the average August 2024 detached price in the North Devon local authority area. The most recent EPC inspection was May 2024, where the current energy rating was C, and the potential energy rating was B.

NEWLANDS Sold Prices

Land registry data shows four sales for NEWLANDS 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. All of the four NEWLANDS 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
2024 20 AUG	£302,000	£433,122	30% below HPI
2014 12 FEB	£188,500	£282,182	33% below HPI
1996 30 SEP	£62,000	£76,205	19% below HPI
1995 30 MAR	£58,000	£71,784	19% below HPI

NEWLANDS 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 NEWLANDS sales between March 1995 and August 2024 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 February 2014 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the August 2024 sale, where it rises to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is NEWLANDS?

NEWLANDS is 63m² according to the EPC inspection conducted in May 2024. This puts it in the smallest 10% of detached houses in Bickington, based on EPC data. The below chart shows the distribution of detached houses by size in Bickington, and where NEWLANDS lies on this distribution: 3% of detached houses are smaller than NEWLANDS, and 97% of houses are larger. Note that EPC data is not available for all properties in Bickington.

NEWLANDS: Plot and Title Map

NEWLANDS sits on a plot of roughly 0.145 of an acre, or 588m². The below map shows the location of NEWLANDS, 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 NEWLANDS). 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 NEWLANDS?

NEWLANDS is located on HOPPERSTYLE in BICKINGTON, in the EX31 postcode district. The below map shows the position of NEWLANDS on HOPPERSTYLE.