1, PEAR TREE WAY, LANDKEY, BARNSTAPLE, EX32 0UH - £293,000

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.

1 PEAR TREE WAY is a midsized detached house of 122m², built sometime between 1996 and 2002, which could now be worth an estimated £401,600. It was last sold for £293,000 in October 2016, which was around 10% below the average October 2016 detached price in the North Devon local authority area. The most recent EPC inspection was April 2016, where the current energy rating was D, and the potential energy rating was C.

1 PEAR TREE WAY Sold Prices

Land registry data shows five sales for 1 PEAR TREE WAY since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the North Devon local authority area for the corresponding sale date. All of the five 1 PEAR TREE WAY 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
2016 4 OCT	£293,000	£324,765	10% below HPI
2006 21 AUG	£250,000	£281,142	11% below HPI
2004 22 APR	£220,000	£242,484	9% below HPI
2002 22 AUG	£162,500	£180,291	10% below HPI
2000 25 AUG	£127,000	£131,607	4% below HPI

1 PEAR TREE WAY 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 five 1 PEAR TREE WAY sales between August 2000 and October 2016 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 2006 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the October 2016 sale, where it rises to 10% below the HPI. The line then continues to track at 10% below the HPI.

What might 1 PEAR TREE WAY be worth now?

1 PEAR TREE WAY might now be worth an estimated £401,600.

This is based on house price inflation of 37.1%, between October 2016 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 37.1% inflationary increase is applied to the most recent sale price for 1 PEAR TREE WAY of £293,000 on 4th October 2016. For the value to have increased from £293,000 to £401,600 over the nine years and eight months to February 2025, the following assumptions must hold true:

• The value of 1 PEAR TREE WAY has moved in line with the HPI for detached houses in the North Devon local authority area.
• The October 2016 sale price of £293,000 represented a fair market value for the property.
• The size, condition, and specification of 1 PEAR TREE WAY has not materially changed since October 2016.

How Large is 1 PEAR TREE WAY?

1 PEAR TREE WAY is 122m² according to the EPC inspection conducted in April 2016. This puts it in the largest 50% 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 1 PEAR TREE WAY lies on this distribution: 58% of detached houses houses are smaller than 1 PEAR TREE WAY, and 42% of houses are larger. Note that EPC data is not available for all properties in Landkey.

1 PEAR TREE WAY: Plot and Title Map

1 PEAR TREE WAY sits on a plot of roughly 0.068 of an acre, or 277m². The below map shows the location of 1 PEAR TREE WAY, 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 1 PEAR TREE WAY). 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 1 PEAR TREE WAY?

1 PEAR TREE WAY is located in LANDKEY, in the EX32 postcode district. The below map shows the position of No. 1 on PEAR TREE WAY.