PENROSE, STICKLEPATH HILL, STICKLEPATH, BARNSTAPLE, EX31 2DW - £390,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

PENROSE is a very large extended detached house of 183m², built sometime between 1930 and 1949, which could now be worth an estimated £588,158. It was last sold for £390,000 in June 2014, which was around 32% above the average June 2014 detached price in the North Devon local authority area. The most recent EPC inspection was April 2013, where the current energy rating was C, and the potential energy rating was B.

PENROSE Sold Prices

Land registry data shows two sales for PENROSE 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. One of the two PENROSE sales was for above the average price, whilst the other was 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
2014 18 JUN	£390,000	£295,166	32% above HPI
2011 28 SEP	£222,000	£290,473	24% below HPI

PENROSE 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 PENROSE sales from September 2011 and June 2014 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 September 2011 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the June 2014 sale, where it rises to 32% above the HPI. The line then continues to track at 32% above the HPI.

What might PENROSE be worth now?

PENROSE might now be worth an estimated £588,158.

This is based on house price inflation of 50.8%, between June 2014 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 50.8% inflationary increase is applied to the most recent sale price for PENROSE of £390,000 on 18th June 2014. For the value to have increased from £390,000 to £588,158 over the eleven years and four months to February 2025, the following assumptions must hold true:

• The value of PENROSE has moved in line with the HPI for detached houses in the North Devon local authority area.
• The June 2014 sale price of £390,000 represented a fair market value for the property.
• The size, condition, and specification of PENROSE has not materially changed since June 2014.

How Large is PENROSE?

PENROSE is 183m², which includes one extension, according to the EPC inspection conducted in April 2013. This puts it in the largest 10% 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 PENROSE lies on this distribution: 93% of detached houses houses are smaller than PENROSE, and 7% of houses are larger. Note that EPC data is not available for all properties in Barnstaple.

PENROSE: Plot and Title Map

PENROSE sits on a plot of roughly 0.227 of an acre, or 920m². The below map shows the location of PENROSE, 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 PENROSE). 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 PENROSE?

PENROSE is located on STICKLEPATH HILL in STICKLEPATH, in the EX31 postcode district. The below map shows the position of PENROSE on STICKLEPATH HILL.