2 Elm Place, Barnstaple
2 Elm Place, Barnstaple
Description & Estimates
2 Elm Place, Barnstaple is recorded publicly as a period Leasehold apartment across 618 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of 2 Elm Place, Barnstaple is £120,710 and its rental estimate is £542 per month, given the available information and assuming reasonable condition.
Elm Place, Eddys Lane is a residential building on Eddys Lane, Barnstaple, EX32 and falls within the EX32 postal district and the borough of North Devon.
Our Data Sources
2 Elm Place, Barnstaple has 21 entries in the Land Registry , most recently in November 2024 and a single entry in the EPC database dated July 2024.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 2 Elm Place, Barnstaple, we estimate a market value of £126,745 and a rental value of £569 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £112,260 and £504 per month respectively.
Recent Market Change
Over the last year, 2 Elm Place, Barnstaple has seen its estimated sale value increase by £2,281 (1.9%) and its estimated rental value grow by £30 per month (5.6%). This results in an estimated gross rental yield of 5.4%.
Energy Efficiency
2 Elm Place, Barnstaple has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 04 Jul 2024.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 2 Elm Place, Barnstaple completed on 12th November 2024 at £177,500 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 1.9% over the period since November 2024.
- Sold Nov 2024£177,500
- Sold Nov 2005£38,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 2 Elm Place, Barnstaple have sold within a radius of 610 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 15th May 2024, was 12, Hollowtree Court, Barnstaple, EX32 9DL, a leasehold flat which sold for £125,000.
Read more about house prices in EX32.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 6 addresses on Eddys Lane, Barnstaple, EX32, 2 Elm Place, Barnstaple comes out as the 5th largest and the 6th most expensive in our analysis of the public data.
It is also £151k less expensive than the average property across the EX32 district.
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Schools Nearby
- 300mNewport Community School Primary Academy
- 800mEden Park Academy
- 1.0kmAshleigh CofE Primary School
- 300mThe Park Community School
- 2.4kmPilton Community College
- 8.4kmBraunton Academy
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Public Transport Nearby
From 2 Elm Place, Barnstaple, the nearest station is Barnstaple, 1.1 kilometres away.
- 1.1kmBarnstaple
- 6.3kmChapelton (Devon)
- 9.4kmUmberleigh
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
