HOMELEA, LANDKEY ROAD, BARNSTAPLE, EX32 0HH - £425,000

HOMELEA is a very large extended detached house of 186m², built sometime between 1900 and 1929. It was last sold for £425,000 in November 2014, which was around 40% above the average November 2014 detached price in the North Devon local authority area. The most recent EPC inspection was December 2009, where the current energy rating was D, and the potential energy rating was D.

HOMELEA Sold Prices

Land registry data shows two sales for HOMELEA 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 HOMELEA sales 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
2014 17 NOV	£425,000	£303,198	40% above HPI
1998 25 AUG	£107,000	£95,263	12% above HPI

HOMELEA 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 HOMELEA sales from August 1998 and November 2014 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 1998 sale was for 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the November 2014 sale, where it rises to 40% above the HPI. The line then continues to track at 40% above the HPI.

How Large is HOMELEA?

HOMELEA is 186m², which includes one extension, according to the EPC inspection conducted in December 2009. 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 HOMELEA lies on this distribution: 94% of detached houses are smaller than HOMELEA, and 6% of houses are larger. Note that EPC data is not available for all properties in Barnstaple.

HOMELEA: Plot and Title Map

HOMELEA sits on a plot of roughly 0.364 of an acre, or 1,473m². The below map shows the location of HOMELEA, 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 HOMELEA). 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 HOMELEA?

HOMELEA is located on LANDKEY ROAD in BARNSTAPLE, in the EX32 postcode district. The below map shows the position of HOMELEA on LANDKEY ROAD.