WEST POINT, PHILIP AVENUE, BARNSTAPLE, EX31 3AQ - £345,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

WEST POINT is a very large extended detached house of 172m², built sometime between 1967 and 1975. It was last sold for £345,000 in October 2018, which was about the average October 2018 detached price in the North Devon local authority area. The most recent EPC inspection was February 2018, where the current energy rating was D, and the potential energy rating was C.

WEST POINT Sold Prices

Land registry data shows two sales for WEST POINT 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. One of the two WEST POINT sales was roughly equal to the average price, whilst the other was 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
2018 1 OCT	£345,000	£345,718	Close to HPI
2001 10 AUG	£140,000	£144,024	3% below HPI

WEST POINT 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 WEST POINT sales from August 2001 and October 2018 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 2001 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the October 2018 sale, where it rises to roughly the same level as the HPI. The line then continues to track in line with the HPI.

How Large is WEST POINT?

WEST POINT is 172m², which includes one extension, according to the EPC inspection conducted in February 2018. This puts it in the largest 10% of detached houses in Barnstaple, based on EPC data. The below chart shows the distribution of detached houses by size in Barnstaple, and where WEST POINT lies on this distribution: 91% of detached houses are smaller than WEST POINT, and 8% of houses are larger. Note that EPC data is not available for all properties in Barnstaple.

WEST POINT: Plot and Title Map

WEST POINT sits on a plot of roughly 0.140 of an acre, or 565m². The below map shows the location of WEST POINT, 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 WEST POINT). 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 WEST POINT?

WEST POINT is located on PHILIP AVENUE in BARNSTAPLE, in the EX31 postcode district. The below map shows the position of WEST POINT on PHILIP AVENUE.