SHERWOOD, PARK LANE, BARNSTAPLE, EX32 9AL - £490,000

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

SHERWOOD is a very large extended detached house of 183m², built sometime between 1967 and 1975. It was last sold for £490,000 in January 2021, which was around 32% above the average January 2021 detached price in the North Devon local authority area. The most recent EPC inspection was August 2020, where the current energy rating was B, and the potential energy rating was B.

SHERWOOD Sold Prices

Land registry data shows two sales for SHERWOOD 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 SHERWOOD 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
2021 29 JAN	£490,000	£370,747	32% above HPI
1995 3 NOV	£65,000	£74,533	13% below HPI

SHERWOOD 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 SHERWOOD sales from November 1995 and January 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 November 1995 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the January 2021 sale, where it rises to 32% above the HPI. The line then continues to track at 32% above the HPI.

How Large is SHERWOOD?

SHERWOOD is 183m², which includes two extensions, according to the EPC inspection conducted in August 2020. This puts it in the largest 10% of detached houses in Barnstaple, based on EPC data. The below chart shows the distribution of detached houses by size in Barnstaple, and where SHERWOOD lies on this distribution: 93% of detached houses are smaller than SHERWOOD, and 7% of houses are larger. Note that EPC data is not available for all properties in Barnstaple.

SHERWOOD: Plot and Title Map

SHERWOOD sits on a plot of roughly 0.113 of an acre, or 457m². The below map shows the location of SHERWOOD, 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 SHERWOOD). 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 SHERWOOD?

SHERWOOD is located on PARK LANE in BARNSTAPLE, in the EX32 postcode district. The below map shows the position of SHERWOOD on PARK LANE.