THE ELMS, HIGH WALL, STICKLEPATH, BARNSTAPLE, EX31 2DP - £707,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

THE ELMS is a large detached house of 129m², built sometime between 1930 and 1949, which could now be worth an estimated £681,416. It was last sold for £707,000 in January 2023, which was around 58% above the average January 2023 detached price in the North Devon local authority area. The most recent EPC inspection was June 2013, where the current energy rating was C, and the potential energy rating was C.

THE ELMS Sold Prices

Land registry data shows three sales for THE ELMS 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 THE ELMS 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 12 JAN	£707,000	£446,963	58% above HPI
2016 25 NOV	£435,000	£325,501	34% above HPI
2007 18 APR	£367,000	£286,479	28% above HPI

THE ELMS 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 THE ELMS sales between April 2007 and January 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 November 2016 sale was for 34% above the HPI. So the extrapolation line tracks at 34% above the HPI over time, until the January 2023 sale, where it rises to 58% above the HPI. The line then continues to track at 58% above the HPI.

What might THE ELMS be worth now?

THE ELMS might now be worth an estimated £681,416.

This is based on house price deflation of 3.6%, between January 2023 and December 2024, 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 3.6% deflationary decrease is applied to the most recent sale price for THE ELMS of £707,000 on 12th January 2023. For the value to have decreased from £707,000 to £681,416 over the one month to December 2024, the following assumptions must hold true:

• The value of THE ELMS has moved in line with the HPI for detached houses in the North Devon local authority area.
• The January 2023 sale price of £707,000 represented a fair market value for the property.
• The size, condition, and specification of THE ELMS has not materially changed since January 2023.

How Large is THE ELMS?

THE ELMS is 129m² according to the EPC inspection conducted in June 2013. This puts it in the largest 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 THE ELMS lies on this distribution: 75% of detached houses houses are smaller than THE ELMS, and 24% of houses are larger. Note that EPC data is not available for all properties in Barnstaple.

THE ELMS: Plot and Title Map

THE ELMS sits on a plot of roughly 0.289 of an acre, or 1,171m². The below map shows the location of THE ELMS, 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 ELMS). 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 ELMS?

THE ELMS is located on HIGH WALL in STICKLEPATH, in the EX31 postcode district. The below map shows the position of THE ELMS on HIGH WALL.