GLEN LAUREL, PARRACOMBE, BARNSTAPLE, EX31 4RJ - £325,000

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.

GLEN LAUREL is a small extended detached house of 118m², built sometime between 1983 and 1990, which could now be worth an estimated £361,094. It was last sold for £325,000 in February 2021, which was around 13% below the average February 2021 detached price in the North Devon local authority area. The most recent EPC inspection was June 2020, where the current energy rating was E, and the potential energy rating was A.

GLEN LAUREL Sold Prices

Land registry data shows four sales for GLEN LAUREL since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the North Devon local authority area for the corresponding sale date. One of the four GLEN LAUREL sales was for below the average price, whilst two 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
2021 19 FEB	£325,000	£373,925	13% below HPI
2009 16 DEC	£275,000	£275,735	Close to HPI
2003 23 OCT	£226,500	£220,245	3% above HPI
2000 23 OCT	£143,000	£127,283	12% above HPI

GLEN LAUREL 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 four GLEN LAUREL sales between October 2000 and February 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 December 2009 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the February 2021 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.

What might GLEN LAUREL be worth now?

GLEN LAUREL might now be worth an estimated £361,094.

This is based on house price inflation of 11.1%, between February 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 11.1% inflationary increase is applied to the most recent sale price for GLEN LAUREL of £325,000 on 19th February 2021. For the value to have increased from £325,000 to £361,094 over the three years and eight months to June 2025, the following assumptions must hold true:

• The value of GLEN LAUREL has moved in line with the HPI for detached houses in the North Devon local authority area.
• The February 2021 sale price of £325,000 represented a fair market value for the property.
• The size, condition, and specification of GLEN LAUREL has not materially changed since February 2021.

How Large is GLEN LAUREL?

GLEN LAUREL is 118m², which includes one extension, according to the EPC inspection conducted in June 2020. This puts it in the smallest 40% of detached houses houses in Parracombe, based on EPC data. The below chart shows the distribution of detached houses houses by size in Parracombe, and where GLEN LAUREL lies on this distribution: 37% of detached houses houses are smaller than GLEN LAUREL, and 59% of houses are larger. Note that EPC data is not available for all properties in Parracombe.

GLEN LAUREL: Plot and Title Map

GLEN LAUREL sits on a plot of roughly 0.183 of an acre, or 742m². The below map shows the location of GLEN LAUREL, 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 GLEN LAUREL). 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 GLEN LAUREL?

GLEN LAUREL is located in PARRACOMBE, in the EX31 postcode district. The below map shows the position of GLEN LAUREL in PARRACOMBE.