According to the public record, 2, Orchid Close, Barnstaple is a modern freehold house with 1,367 ft2 of internal area and sits on a 299 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Orchid Close, Barnstaple, EX31 is located in the borough of North Devon within the EX31 postal district.
2, Orchid Close, Barnstaple has a single entry in the Land Registry database from June 2021 and a single entry in the EPC database dated May 2021.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in good condition, we estimate the current sale value for 2 Orchid Close Barnstaple as £443,792 and the rental value as £1,301 per month giving an expected gross yield of 3.5%.
Over the last 12 months the sale value of 2 Orchid Close Barnstaple has decreased by £24,535 (5.5%) and its rental value has increased by £16 per month (1.3%).
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 2, Orchid Close, Barnstaple is in very good condition we estimate a sale value of £465,982 and rental value of £1,366 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £412,727 and a rental value of £1,209 per month.
If you were able to purchase this property for the estimated value of £443,792, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,181 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to data from HM Land Registry, 2, Orchid Close, Barnstaple sits on a plot of 299m2.
We have plot size data on 9 out of 9 other houses in the postcode and 2, Orchid Close, Barnstaple sits on the 5th largest plot.
According to HM Land Registry, 2, Orchid Close, Barnstaple was last sold on 11 Jun 2021 for £375,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Jun 2021, the market for similar properties has risen 1.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Orchid Close, Barnstaple within a radius of 820 metres over the last 2 years.
The most recent example is 44, Northfield Lane, Barnstaple, EX31 1QE, a Freehold house which sold for £480,000 in Jan 2024.
Read more about house prices in EX31.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Orchid Close, Barnstaple, EX31 has a total of 9 addresses. According to our analysis of all the public data, 2, Orchid Close, Barnstaple is the 5th largest and the 5th most expensive property on the street.
When compared to the postcode district it is £102k more expensive than the average property in EX31.
2, Orchid Close, Barnstaple has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 28 May 2021.
The property is not connected to mains gas and has high performance glazing. It is heated using a boiler and radiators.
The closest station to 2, Orchid Close, Barnstaple is Barnstaple station which is 2.0 kilometres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 2, Orchid Close, Barnstaple, 43.9% of property is privately owned outright and 28.8% is privately owned with a mortgage.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 2, Orchid Close, Barnstaple, 16.3% of residents are recorded as possessing school level qualifications and 37.3% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around 2, Orchid Close, Barnstaple, the average age was 44.1 and the most common age was 52.
The graph below shows how this compares to South West and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 2, Orchid Close, Barnstaple, 0.4% of property was a second home.
Comparison figures for South West and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 2, Orchid Close, Barnstaple, there are an average of 1.5 cars per household.
See below for how this compares to South West and the rest of England & Wales.