THE BARN, RACK PARK ROAD, KINGSBRIDGE, TQ7 1DQ - £248,000

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.

THE BARN is a midsized detached house of 130m², built sometime before 1900, which could now be worth an estimated £488,758. It was last sold for £248,000 in June 2004, which was around 16% below the average June 2004 detached price in the South Hams local authority area. The most recent EPC inspection was November 2023, where the current energy rating was G, and the potential energy rating was B.

THE BARN Sold Prices

Land registry data shows two sales for THE BARN since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the South Hams local authority area for the corresponding sale date. Both of the two THE BARN 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
2004 30 JUN	£248,000	£296,192	16% below HPI
2002 29 NOV	£220,000	£257,021	14% below HPI

THE BARN Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Hams local authority area over time, sourced from the HPI. The two THE BARN sales from November 2002 and June 2004 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 2002 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the June 2004 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.

What might THE BARN be worth now?

THE BARN might now be worth an estimated £488,758.

This is based on house price inflation of 97.1%, between June 2004 and February 2025, for detached houses, in the South Hams local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 97.1% inflationary increase is applied to the most recent sale price for THE BARN of £248,000 on 30th June 2004. For the value to have increased from £248,000 to £488,758 over the 21 years and four months to February 2025, the following assumptions must hold true:

• The value of THE BARN has moved in line with the HPI for detached houses in the South Hams local authority area.
• The June 2004 sale price of £248,000 represented a fair market value for the property.
• The size, condition, and specification of THE BARN has not materially changed since June 2004.

How Large is THE BARN?

THE BARN is 130m² according to the EPC inspection conducted in November 2023. This puts it in the largest 40% of detached houses houses in Kingsbridge, based on EPC data. The below chart shows the distribution of detached houses houses by size in Kingsbridge, and where THE BARN lies on this distribution: 60% of detached houses houses are smaller than THE BARN, and 40% of houses are larger. Note that EPC data is not available for all properties in Kingsbridge.

THE BARN: Plot and Title Map

THE BARN sits on a plot of roughly 0.038 of an acre, or 153m². The below map shows the location of THE BARN, 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 THE BARN). 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 THE BARN?

THE BARN is located on RACK PARK ROAD in KINGSBRIDGE, in the TQ7 postcode district. The below map shows the position of THE BARN on RACK PARK ROAD.