SOUTH BANK, UNDER MINNOW ROAD, BARNSTAPLE, EX31 1QU - £665,000

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

SOUTH BANK is a very large extended detached house of 176m², built sometime between 1950 and 1966. It was last sold for £665,000 in November 2023, which was around 50% above the average November 2023 detached price in the North Devon local authority area. The most recent EPC inspection was September 2020, where the current energy rating was C, and the potential energy rating was C.

SOUTH BANK Sold Prices

Land registry data shows three sales for SOUTH BANK since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the North Devon local authority area for the corresponding sale date. All of the three SOUTH BANK sales were for above 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
2023 17 NOV	£665,000	£444,577	50% above HPI
2021 30 SEP	£620,000	£380,211	63% above HPI
2002 31 MAY	£255,000	£166,653	53% above HPI

SOUTH BANK 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 three SOUTH BANK sales between May 2002 and November 2023 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 2021 sale was for 63% above the HPI. So the extrapolation line tracks at 63% above the HPI over time, until the November 2023 sale, where it falls to 50% above the HPI. The line then continues to track at 50% above the HPI.

How Large is SOUTH BANK?

SOUTH BANK is 176m², which includes one extension, according to the EPC inspection conducted in September 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 SOUTH BANK lies on this distribution: 92% of detached houses are smaller than SOUTH BANK, and 8% of houses are larger. Note that EPC data is not available for all properties in Barnstaple.

SOUTH BANK: Plot and Title Map

SOUTH BANK sits on a plot of roughly 0.479 of an acre, or 1,938m². The below map shows the location of SOUTH BANK, 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 SOUTH BANK). 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 SOUTH BANK?

SOUTH BANK is located on UNDER MINNOW ROAD in BARNSTAPLE, in the EX31 postcode district. The below map shows the position of SOUTH BANK on UNDER MINNOW ROAD.