THE RETREAT, NEWLAND, LANDKEY, BARNSTAPLE, EX32 0ND - £380,000

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 RETREAT is a large detached house of 156m², built sometime between 1991 and 1995, which could now be worth an estimated £640,294. It was last sold for £380,000 in July 2013, which was around 44% above the average July 2013 detached price in the North Devon local authority area. The most recent EPC inspection was November 2010, where the current energy rating was D, and the potential energy rating was C.

THE RETREAT Sold Prices

Land registry data shows three sales for THE RETREAT 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 RETREAT 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
2013 15 JUL	£380,000	£264,180	44% above HPI
2006 24 NOV	£359,950	£276,227	30% above HPI
1998 9 JAN	£98,000	£93,331	5% above HPI

THE RETREAT 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 RETREAT sales between January 1998 and July 2013 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 2006 sale was for 30% above the HPI. So the extrapolation line tracks at 30% above the HPI over time, until the July 2013 sale, where it rises to 44% above the HPI. The line then continues to track at 44% above the HPI.

What might THE RETREAT be worth now?

THE RETREAT might now be worth an estimated £640,294.

This is based on house price inflation of 68.5%, between July 2013 and February 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 68.5% inflationary increase is applied to the most recent sale price for THE RETREAT of £380,000 on 15th July 2013. For the value to have increased from £380,000 to £640,294 over the twelve years and five months to February 2025, the following assumptions must hold true:

• The value of THE RETREAT has moved in line with the HPI for detached houses in the North Devon local authority area.
• The July 2013 sale price of £380,000 represented a fair market value for the property.
• The size, condition, and specification of THE RETREAT has not materially changed since July 2013.

How Large is THE RETREAT?

THE RETREAT is 156m² according to the EPC inspection conducted in November 2010. This puts it in the largest 30% of detached houses houses in Landkey, based on EPC data. The below chart shows the distribution of detached houses houses by size in Landkey, and where THE RETREAT lies on this distribution: 79% of detached houses houses are smaller than THE RETREAT, and 21% of houses are larger. Note that EPC data is not available for all properties in Landkey.

THE RETREAT: Plot and Title Map

THE RETREAT sits on a plot of roughly 0.242 of an acre, or 981m². The below map shows the location of THE RETREAT, 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 RETREAT). 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 RETREAT?

THE RETREAT is located on NEWLAND in LANDKEY, in the EX32 postcode district. The below map shows the position of THE RETREAT on NEWLAND.