SOUTHFIELD, BARBICAN LANE, BARNSTAPLE, EX32 8LB - £245,000

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.

SOUTHFIELD is a small detached house of 86m², built sometime between 1950 and 1966, which could now be worth an estimated £386,152. It was last sold for £245,000 in August 2011, which was around 13% below the average August 2011 detached price in the North Devon local authority area. The most recent EPC inspection was November 2010, where the current energy rating was E, and the potential energy rating was D.

SOUTHFIELD Sold Prices

Land registry data shows two sales for SOUTHFIELD 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. Both of the two SOUTHFIELD 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
2011 25 AUG	£245,000	£281,950	13% below HPI
2008 16 MAY	£190,000	£296,323	36% below HPI

SOUTHFIELD 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 SOUTHFIELD sales from May 2008 and August 2011 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 May 2008 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the August 2011 sale, where it rises to 13% below the HPI. The line then continues to track at 13% below the HPI.

What might SOUTHFIELD be worth now?

SOUTHFIELD might now be worth an estimated £386,152.

This is based on house price inflation of 57.6%, between August 2011 and March 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 57.6% inflationary increase is applied to the most recent sale price for SOUTHFIELD of £245,000 on 25th August 2011. For the value to have increased from £245,000 to £386,152 over the fourteen years and five months to March 2025, the following assumptions must hold true:

• The value of SOUTHFIELD has moved in line with the HPI for detached houses in the North Devon local authority area.
• The August 2011 sale price of £245,000 represented a fair market value for the property.
• The size, condition, and specification of SOUTHFIELD has not materially changed since August 2011.

How Large is SOUTHFIELD?

SOUTHFIELD is 86m² according to the EPC inspection conducted in November 2010. This puts it in the smallest 30% 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 SOUTHFIELD lies on this distribution: 26% of detached houses houses are smaller than SOUTHFIELD, and 74% of houses are larger. Note that EPC data is not available for all properties in Barnstaple.

SOUTHFIELD: Plot and Title Map

SOUTHFIELD sits on a plot of roughly 0.137 of an acre, or 555m². The below map shows the location of SOUTHFIELD, 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 SOUTHFIELD). 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 SOUTHFIELD?

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