3, CASTLE MILL, LANDKEY, BARNSTAPLE, EX32 0FA - £195,000

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.

3 CASTLE MILL is a very small semi-detached house of 64m², built in 2013, which could now be worth an estimated £260,671. It was last sold for £195,000 in April 2018, which was around 7% below the average April 2018 semi-detached price in the North Devon local authority area. The most recent EPC inspection was June 2013, where the current energy rating was B, and the potential energy rating was B.

3 CASTLE MILL Sold Prices

Land registry data shows two sales for 3 CASTLE MILL 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 3 CASTLE MILL 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
2018 9 APR	£195,000	£208,955	7% below HPI
2013 5 JUL	£167,500	£174,131	4% below HPI

3 CASTLE MILL 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 3 CASTLE MILL sales from July 2013 and April 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 July 2013 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the April 2018 sale, where it falls to 7% below the HPI. The line then continues to track at 7% below the HPI.

What might 3 CASTLE MILL be worth now?

3 CASTLE MILL might now be worth an estimated £260,671.

This is based on house price inflation of 33.7%, between April 2018 and April 2026, 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 33.7% inflationary increase is applied to the most recent sale price for 3 CASTLE MILL of £195,000 on 9th April 2018. For the value to have increased from £195,000 to £260,671 over the eight years to April 2026, the following assumptions must hold true:

• The value of 3 CASTLE MILL has moved in line with the HPI for semi-detached houses in the North Devon local authority area.
• The April 2018 sale price of £195,000 represented a fair market value for the property.
• The size, condition, and specification of 3 CASTLE MILL has not materially changed since April 2018.

How Large is 3 CASTLE MILL?

3 CASTLE MILL is 64m² according to the EPC inspection conducted in June 2013. This puts it in the smallest 10% of semi-detached houses houses in Landkey, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Landkey, and where 3 CASTLE MILL lies on this distribution: 3% of semi-detached houses houses are smaller than 3 CASTLE MILL, and 96% of houses are larger. Note that EPC data is not available for all properties in Landkey.

3 CASTLE MILL: Plot and Title Map

3 CASTLE MILL sits on a plot of roughly 0.031 of an acre, or 127m². The below map shows the location of 3 CASTLE MILL, 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 3 CASTLE MILL). 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 3 CASTLE MILL?

3 CASTLE MILL is located in LANDKEY, in the EX32 postcode district. The below map shows the position of No. 3 on CASTLE MILL.