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Barnstaple House Prices Barnstaple House Prices

The average house price in Barnstaple is £235,711 using HM Land Registry data.

The average property price increased by £81,511 (36.55%) over the last 5 years and increased by £16,291 (5.65%) over the last 12 months.

Over the last year, there were 352 residential property sales – a decrease of 241 transactions (-68.47%) relative to the previous year. The majority of house sales (89) were in the £184,000 - £248,000 range. Then came properties in the £248,000 - £312,000 range, where 67 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 59 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-8,921 (-2%).

In April 2024, there were 75 new estate agency instructions, 46 agreed home sales and 45 property price reductions.

Postcodes Covered: EX31, EX32

5-Year Average Property Prices in Barnstaple

36.55%

Property prices in Barnstaple increased by 36.55% 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 Barnstaple Over the Last Year

5.65%

Property prices in Barnstaple increased by 5.65% 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 Barnstaple - April 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 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 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 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 Barnstaple since 1995

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

Recent Property Sales in Barnstaple

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
11 The Laurels, Roundswell, Barnstaple, Devon, EX31 3QY£310,000£305,000-£5,00030 Oct 202319 Mar 2024141 Days
12 Brook Court, Roundswell, Barnstaple, Devon, EX31 3RA£225,000£215,000-£10,00005 Jan 202408 Mar 202463 Days
38 Tudor Drive, Sticklepath, Barnstaple, Devon, EX31 2DR£509,950£489,900-£20,05031 Aug 202328 Feb 2024181 Days
60 Chanters Hill, Barnstaple, Devon, EX32 8DQ£380,000£380,000£0001 Aug 202316 Feb 2024199 Days
46 Fort Street, Barnstaple, Devon, EX32 8BJ£300,000£299,950-£5005 Oct 202316 Feb 2024134 Days
66 Elizabeth Drive, Barnstaple, Devon, EX31 3AD£325,000£317,500-£7,50017 Aug 202314 Feb 2024181 Days
33 Linden Close, Sticklepath, Barnstaple, Devon, EX31 2HD£485,000£485,000£0020 Sep 202314 Feb 2024147 Days
10 Hornbeam Hollow, Roundswell, Barnstaple, Devon, EX31 3QS£215,000£212,000-£3,00030 Oct 202309 Feb 2024102 Days
8 Oaklands Gardens, Sticklepath, Barnstaple, Devon, EX31 2EZ£220,000£217,500-£2,50025 Oct 202309 Feb 2024107 Days
13 Fallow Fields, Barnstaple, Devon, EX32 9PG£400,000£400,000£0002 Aug 202309 Feb 2024191 Days
10 Laburnum Drive, Barnstaple, Devon, EX32 8PX£215,000£202,500-£12,50022 Nov 202307 Feb 202477 Days
9 Higher Elmwood, Roundswell, Barnstaple, Devon, EX31 3SG£359,500£355,000-£4,50005 Oct 202302 Feb 2024120 Days
36 Otter Way, Barnstaple, Devon, EX32 8PS£225,000£224,000-£1,00001 Sep 202302 Feb 2024154 Days
35 Charles Street, Barnstaple, Devon, EX32 7BG£220,000£215,000-£5,00010 Oct 202302 Feb 2024115 Days
52 Bicton Street, Barnstaple, Devon, EX32 7EA£250,000£250,000£0021 Aug 202302 Feb 2024165 Days
26 Cyprus Terrace, Barnstaple, Devon, EX32 9JG£190,000£190,000£0023 Nov 202331 Jan 202469 Days
42 Stoat Park, Barnstaple, Devon, EX32 8PT£225,000£225,000£0018 Oct 202329 Jan 2024103 Days
39 Pilton Lawn, Barnstaple, Devon, EX31 4AA£300,000£297,500-£2,50015 Sep 202322 Jan 2024129 Days
Culm Vale, High Wall, Sticklepath, Barnstaple, Devon, EX31 2DP£525,000£505,000-£20,00020 Jul 202119 Jan 2024913 Days
3 The Hollies, Roundswell, Barnstaple, Devon, EX31 3RW£315,000£305,000-£10,00021 Jun 202319 Jan 2024212 Days

Most Expensive Streets in Barnstaple

PostcodeStreetAreaAverageNo. of Sales
EX31 1QUUnder Minnow RoadBarnstaple£599,1305
EX32 9AJPark LaneBarnstaple£550,0003
EX32 9FJThe LawnsBarnstaple£524,1258
EX31 2DUCleave RoadSticklepath£519,0005
EX31 2DPHigh WallSticklepath£506,4005
EX31 2FHAnchorwood ViewSticklepath£487,13521
EX31 2DWSticklepath HillSticklepath£468,1254
EX32 9DXSouth ParkBarnstaple£458,7504
EX31 2DSGrange AvenueSticklepath£458,3333
EX32 8DJSowden LaneBarnstaple£450,6663

Least Expensive Streets in Barnstaple

PostcodeStreetAreaAverageNo. of Sales
EX31 1GXTown Mill CourtMills Way£84,60413
EX32 8AZAlexandra CourtAlexandra Road£97,38818
EX32 9DLHollowtree CourtBarnstaple£102,22711
EX32 9FDAbyssinia CourtAbyssinia Terrace£106,8754
EX32 8ERGould RoadBarnstaple£114,0484
EX32 8BAEbberley CourtAlexandra Road£114,1663
EX32 9FASt Josephs CloseBarnstaple£117,8333
EX32 8PFPeards Down CloseBarnstaple£119,1663
EX32 8QLBarum CourtBarnstaple£121,93330
EX32 7ETMagdalene LawnBarnstaple£133,3333

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