OVERLEAT, RALEIGH ROAD, BARNSTAPLE, EX31 4HY - £290,000

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

OVERLEAT is a very small detached house of 75m², built sometime between 1967 and 1975. It was last sold for £290,000 in April 2021, which was around 23% below the average April 2021 detached price in the North Devon local authority area. The most recent EPC inspection was June 2020, where the current energy rating was C, and the potential energy rating was B.

OVERLEAT Sold Prices

Land registry data shows two sales for OVERLEAT since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the North Devon local authority area for the corresponding sale date. Both of the two OVERLEAT 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
2021 6 APR	£290,000	£374,386	23% below HPI
2011 29 JUL	£200,000	£259,015	23% below HPI

OVERLEAT 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 two OVERLEAT sales from July 2011 and April 2021 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 July 2011 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the April 2021 sale, which was also at 23% below the HPI.

How Large is OVERLEAT?

OVERLEAT is 75m² according to the EPC inspection conducted in June 2020. This puts it in the smallest 20% of detached houses in Barnstaple, based on EPC data. The below chart shows the distribution of detached houses by size in Barnstaple, and where OVERLEAT lies on this distribution: 12% of detached houses are smaller than OVERLEAT, and 87% of houses are larger. Note that EPC data is not available for all properties in Barnstaple.

OVERLEAT: Plot and Title Map

OVERLEAT sits on a plot of roughly 0.158 of an acre, or 638m². The below map shows the location of OVERLEAT, 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 OVERLEAT). 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 OVERLEAT?

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