House Prices in EX31 House Prices in EX31 (Barnstaple)

The average house price in EX31 (Barnstaple) is £357,860 using HM Land Registry data.

The average property price increased by £126,858 (20.97%) over the last 5 years and increased by £25,361 (3.27%) over the last 12 months.

Over the last year, there were 305 residential property sales – a decrease of 149 transactions (-48.85%) relative to the previous year. The majority of house sales (68) were in the £328,000 - £402,000 range. Then came properties in the £254,000 - £328,000 range, where 67 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 58 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-9,625 (-2%).

In June 2024, there were 92 new estate agency instructions, 65 agreed home sales and 49 property price reductions.

5-Year Average Property Prices in EX31 (Barnstaple)

20.97%

Property prices in Barnstaple increased by 20.97% in last 5 years.

The trend shows the general price tendency over the last 5 years, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Average Property Prices in EX31 (Barnstaple) Over the Last Year

3.27%

Property prices in Barnstaple increased by 3.27% in last 12 months.

The trend shows the general price tendency over the last 12 months, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Property Market Heat Gauge for EX31 (Barnstaple) - June 2024

Our Property Market Heat Gauge looks at how long properties in your postcode district have been on the open market before being changed to sold 'Subject to Contract' ('STC') or 'Under Offer' on Rightmove (the UK's leading property portal).

At 41 to 60 days, the broad evidence suggests that the market is reasonably slow moving. Although some sellers in your postcode may be willing to wait up to 9 weeks, this data would suggest that estate agents may be overvaluing properties. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in relisting the property at a later date).Others simply reduce the price to a level that will entice more buyer interest or approach a sell house fast or auction company like Property Solvers.

Please note that this is not an indicator of how quickly property sales are taking to complete (i.e. to go through the whole conveyancing process). This measurement also does not take into account the risk of home sales falling through.

No. of New Instructions Over the Last 12 Months in EX31 (Barnstaple)

Using local estate agency reported data, this chart illustrates the number of properties that have come on to the market.

No. of Agreed Home Sales Over the Last 12 Months in EX31 (Barnstaple)

Using local estate agency reported data, this chart illustrates the number of property sales agreed. Note that these figures are not fully reflective of properties completed (sold and registered as such at HM Land Registry).

No. of Properties with Price Reductions in EX31 (Barnstaple)

Using local estate agency reported data, this chart illustrates the number of properties which have been seen their prices dropped (typically due to a lack of buyer interest).

Average Annual House Prices in the EX31 (Barnstaple) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the EX31 postcode area since 1995.

Recent Sales in EX31 (Barnstaple)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
16 Homer Close, Bratton Fleming, Barnstaple, Devon, EX31 4TD£225,000£225,000£0015 Nov 202310 May 2024177 Days
3 Meadow Close, Bratton Fleming, Barnstaple, Devon, EX31 4RH£330,000£290,000-£40,00017 Jul 202310 May 2024298 Days
35 Oakland Park South, Sticklepath, Barnstaple, Devon, EX31 2HU£270,000£270,000£0013 Mar 202410 May 202458 Days
65 Chaddiford Lane, Barnstaple, Devon, EX31 1RF£370,000£366,000-£4,00002 Jan 202424 Apr 2024113 Days
25 Rooks Close, Roundswell, Barnstaple, Devon, EX31 3SW£350,000£340,000-£10,00013 Oct 202324 Apr 2024194 Days
21a, Park Avenue, Sticklepath, Barnstaple, Devon, EX31 2ET£350,000£345,000-£5,00002 Feb 202422 Apr 202480 Days
3 Regent Close, Sticklepath, Barnstaple, Devon, EX31 2DT£425,000£425,000£0005 Oct 202322 Apr 2024200 Days
33 Chilpark, Fremington, Barnstaple, Devon, EX31 3BZ£299,950£285,000-£14,95007 Nov 202322 Apr 2024167 Days
46 Manor Park, Sticklepath, Barnstaple, Devon, EX31 2DH£400,000£370,000-£30,00002 Nov 202318 Apr 2024168 Days
4 Chaddiford Lane, Barnstaple, Devon, EX31 1RE£560,000£545,000-£15,00027 Nov 202316 Apr 2024141 Days
22 Heanton Lea, Chivenor, Barnstaple, Devon, EX31 4BX£165,000£165,000£0015 Dec 202312 Apr 2024119 Days
19 Orchard Close, Sticklepath, Barnstaple, Devon, EX31 2DF£415,000£415,000£0013 Nov 202310 Apr 2024149 Days
11 Sticklepath Hill, Sticklepath, Barnstaple, Devon, EX31 2BS£345,000£345,000£0017 Nov 202328 Mar 2024132 Days
11 The Laurels, Roundswell, Barnstaple, Devon, EX31 3QY£310,000£305,000-£5,00030 Oct 202319 Mar 2024141 Days
12 Redlands Road, Fremington, Barnstaple, Devon, EX31 2NY£285,000£280,000-£5,00020 Sep 202314 Mar 2024176 Days
6 St Peters Road, Fremington, Barnstaple, Devon, EX31 3BP£325,000£250,000-£75,00011 Aug 202313 Mar 2024215 Days
23 Lynbro Road, Barnstaple, Devon, EX31 1QG£360,000£350,000-£10,00013 Nov 202311 Mar 2024119 Days
12 Brook Court, Roundswell, Barnstaple, Devon, EX31 3RA£225,000£215,000-£10,00005 Jan 202408 Mar 202463 Days
30 Taw Meadow Crescent, Fremington, Barnstaple, Devon, EX31 2QA£350,000£330,000-£20,00018 Sep 202308 Mar 2024172 Days
12 Springfield Crescent, Fremington, Barnstaple, Devon, EX31 2QB£485,000£470,000-£15,00008 May 202306 Mar 2024303 Days

Most Expensive Streets in EX31 (Barnstaple)

PostcodeStreetAreaAverageNo. of Sales
EX31 4BSMeadowside, AshfordBarnstaple£683,7504
EX31 3NTEastacombeBarnstaple£666,6663
EX31 4AUBraunton Road, AshfordBarnstaple£649,1663
EX31 4HNBittadonBarnstaple£636,6663
EX31 3JBTawstockBarnstaple£623,1663
EX31 4BYAshfordBarnstaple£600,8333
EX31 1QUUnder Minnow RoadBarnstaple£599,1305
EX31 4REThe Glebe, Bratton FlemingBarnstaple£560,8333
EX31 4EDKings HeantonBarnstaple£557,7568
EX31 4LWArlingtonBarnstaple£551,6663

Least Expensive Streets in EX31 (Barnstaple)

PostcodeStreetAreaAverageNo. of Sales
EX31 1GXTown Mill Court, Mills WayBarnstaple£85,38112
EX31 4FGMarshland Court, ChivenorBarnstaple£128,4983
EX31 1JERolle QuayBarnstaple£134,6663
EX31 2BASignal Terrace, SticklepathBarnstaple£141,0003
EX31 1NYWestaway HeightsBarnstaple£143,0559
EX31 3UXPotterswell, RoundswellBarnstaple£145,0003
EX31 1GWPort Mill Court, Mills WayBarnstaple£148,35834
EX31 3FBAspen Grove, FremingtonBarnstaple£152,2504
EX31 2AZClifton Street, SticklepathBarnstaple£155,7077
EX31 3WHBoulder Clay Way, RoundswellBarnstaple£156,4005

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