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

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

SHERWOOD is a very large extended detached house of 183m², built sometime between 1967 and 1975, which could now be worth an estimated £574,639. It was last sold for £490,000 in January 2021, which was around 29% 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	£379,574	29% above HPI
1995 3 NOV	£65,000	£76,307	15% 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 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the January 2021 sale, where it rises to 29% above the HPI. The line then continues to track at 29% above the HPI.

What might SHERWOOD be worth now?

SHERWOOD might now be worth an estimated £574,639.

This is based on house price inflation of 17.3%, between January 2021 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 17.3% inflationary increase is applied to the most recent sale price for SHERWOOD of £490,000 on 29th January 2021. For the value to have increased from £490,000 to £574,639 over the three years and eleven months to February 2025, the following assumptions must hold true:

• The value of SHERWOOD has moved in line with the HPI for detached houses in the North Devon local authority area.
• The January 2021 sale price of £490,000 represented a fair market value for the property.
• The size, condition, and specification of SHERWOOD has not materially changed since January 2021.

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 houses in Barnstaple, based on EPC data. The below chart shows the distribution of detached houses houses by size in Barnstaple, and where SHERWOOD lies on this distribution: 93% of detached houses 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.