SOUTH RIDGE, PARRACOMBE, BARNSTAPLE, EX31 4RJ - £313,000

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 RIDGE is a very small extended detached house of 78m², built sometime between 1967 and 1975. It was last sold for £313,000 in June 2019, which was around 10% below the average June 2019 detached price in the North Devon local authority area. The most recent EPC inspection was August 2013, where the current energy rating was E, and the potential energy rating was B.

SOUTH RIDGE Sold Prices

Land registry data shows four sales for SOUTH RIDGE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the North Devon local authority area for the corresponding sale date. Most of the four SOUTH RIDGE 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
2019 13 JUN	£313,000	£348,412	10% below HPI
2014 16 SEP	£290,000	£294,597	2% below HPI
2000 26 JAN	£112,500	£106,470	6% above HPI
1999 29 JAN	£85,950	£97,652	12% below HPI

SOUTH RIDGE 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 four SOUTH RIDGE sales between January 1999 and June 2019 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 2014 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the June 2019 sale, where it falls to 10% below the HPI. The line then continues to track at 10% below the HPI.

How Large is SOUTH RIDGE?

SOUTH RIDGE is 78m², which includes one extension, according to the EPC inspection conducted in August 2013. This puts it in the smallest 10% of detached houses in Parracombe, based on EPC data. The below chart shows the distribution of detached houses by size in Parracombe, and where SOUTH RIDGE lies on this distribution: 4% of detached houses are smaller than SOUTH RIDGE, and 96% of houses are larger. Note that EPC data is not available for all properties in Parracombe.

SOUTH RIDGE: Plot and Title Map

SOUTH RIDGE sits on a plot of roughly 0.244 of an acre, or 987m². The below map shows the location of SOUTH RIDGE, 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 RIDGE). 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 RIDGE?

SOUTH RIDGE is located in PARRACOMBE, in the EX31 postcode district. The below map shows the position of SOUTH RIDGE in PARRACOMBE.