THE LAURELS, STICKLEPATH HILL, STICKLEPATH, BARNSTAPLE, EX31 2BT - £160,000

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 LAURELS is a small semi-detached house of 86m², built sometime between 1930 and 1949, which could now be worth an estimated £180,705. It was last sold for £160,000 in October 2021, which was around 40% below the average October 2021 semi-detached price in the North Devon local authority area. The most recent EPC inspection was July 2012, where the current energy rating was E, and the potential energy rating was B.

THE LAURELS Sold Prices

Land registry data shows two sales for THE LAURELS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the North Devon local authority area for the corresponding sale date. Both of the two THE LAURELS 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
2021 15 OCT	£160,000	£264,944	40% below HPI
2000 23 AUG	£69,950	£80,339	13% below HPI

THE LAURELS Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the North Devon local authority area over time, sourced from the HPI. The two THE LAURELS sales from August 2000 and October 2021 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 August 2000 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the October 2021 sale, where it falls to 40% below the HPI. The line then continues to track at 40% below the HPI.

What might THE LAURELS be worth now?

THE LAURELS might now be worth an estimated £180,705.

This is based on house price inflation of 12.9%, between October 2021 and February 2025, for semi-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 12.9% inflationary increase is applied to the most recent sale price for THE LAURELS of £160,000 on 15th October 2021. For the value to have increased from £160,000 to £180,705 over the four years and eight months to February 2025, the following assumptions must hold true:

• The value of THE LAURELS has moved in line with the HPI for semi-detached houses in the North Devon local authority area.
• The October 2021 sale price of £160,000 represented a fair market value for the property.
• The size, condition, and specification of THE LAURELS has not materially changed since October 2021.

How Large is THE LAURELS?

THE LAURELS is 86m² according to the EPC inspection conducted in July 2012. This puts it in the smallest 30% of semi-detached houses houses in Barnstaple, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Barnstaple, and where THE LAURELS lies on this distribution: 25% of semi-detached houses houses are smaller than THE LAURELS, and 74% of houses are larger. Note that EPC data is not available for all properties in Barnstaple.

THE LAURELS: Plot and Title Map

THE LAURELS sits on a plot of roughly 0.045 of an acre, or 183m². The below map shows the location of THE LAURELS, 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 LAURELS). 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 LAURELS?

THE LAURELS is located on STICKLEPATH HILL in STICKLEPATH, in the EX31 postcode district. The below map shows the position of THE LAURELS on STICKLEPATH HILL.