6, MERRYLEES DRIVE, BARNSTAPLE, EX32 9DQ - £270,000

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.

6 MERRYLEES DRIVE is a small extended detached house of 87m², built sometime between 1967 and 1975, which could now be worth an estimated £292,648. It was last sold for £270,000 in April 2021, which was around 30% below the average April 2021 detached price in the North Devon local authority area. The most recent EPC inspection was May 2020, where the current energy rating was D, and the potential energy rating was C.

6 MERRYLEES DRIVE Sold Prices

Land registry data shows two sales for 6 MERRYLEES DRIVE 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. Both of the two 6 MERRYLEES DRIVE 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 1 APR	£270,000	£383,300	30% below HPI
2002 24 APR	£122,000	£163,644	25% below HPI

6 MERRYLEES DRIVE 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 6 MERRYLEES DRIVE sales from April 2002 and April 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 April 2002 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the April 2021 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

What might 6 MERRYLEES DRIVE be worth now?

6 MERRYLEES DRIVE might now be worth an estimated £292,648.

This is based on house price inflation of 8.4%, between April 2021 and June 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 8.4% inflationary increase is applied to the most recent sale price for 6 MERRYLEES DRIVE of £270,000 on 1st April 2021. For the value to have increased from £270,000 to £292,648 over the three years and ten months to June 2025, the following assumptions must hold true:

• The value of 6 MERRYLEES DRIVE has moved in line with the HPI for detached houses in the North Devon local authority area.
• The April 2021 sale price of £270,000 represented a fair market value for the property.
• The size, condition, and specification of 6 MERRYLEES DRIVE has not materially changed since April 2021.

How Large is 6 MERRYLEES DRIVE?

6 MERRYLEES DRIVE is 87m², which includes one extension, according to the EPC inspection conducted in May 2020. This puts it in the smallest 30% of detached houses houses in Barnstaple, based on EPC data. The below chart shows the distribution of detached houses houses by size in Barnstaple, and where 6 MERRYLEES DRIVE lies on this distribution: 26% of detached houses houses are smaller than 6 MERRYLEES DRIVE, and 72% of houses are larger. Note that EPC data is not available for all properties in Barnstaple.

6 MERRYLEES DRIVE: Plot and Title Map

6 MERRYLEES DRIVE sits on a plot of roughly 0.090 of an acre, or 365m². The below map shows the location of 6 MERRYLEES DRIVE, 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 6 MERRYLEES DRIVE). 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 6 MERRYLEES DRIVE?

6 MERRYLEES DRIVE is located in BARNSTAPLE, in the EX32 postcode district. The below map shows the position of No. 6 on MERRYLEES DRIVE.