# 124 TAW WHARF, STICKLEPATH, BARNSTAPLE, NORTH DEVON, DEVON, EX31 2FE

## Property details

- Slug: `ef68845` (address key hash: `ef6884516ff0ef06e21062fc09363627f391916d`)
- Postcode: EX31 2FE
- Transactions on record: 1

- Tenure: Leasehold
- Property type: Flat
- Last sold: £495,000 Aug 2022
- Local average: £182,845 (10 sales)

## Latest sale

- Price: £495,000
- Date: 2022-08-26
- Type: F
- Tenure: L

## Price history

| Event | Date | Price | Type | % change | Today’s value (HPI) | Transaction |
|-------|------|-------|------|--------|---------------------|-------------|
| Sold | 2022-08-26 | £495,000 | Flat | — | £454,031 (to April 2026) | [View](http://87.117.209.195:8080/house-prices/1eae3df6-5b75-9eb1-e063-4704a8c09d02) |

*Today’s value (HPI): adjusted using published house price index trends for the area and property type; not a valuation of the property today.*

## Sales History

*Recorded sales for this property. Data from Land Registry Price Paid.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| 124 TAW WHARF, STICKLEPATH, BARNSTAPLE, NORTH DEVON, DEVON, EX31 2FE | £495,000 | 26/08/2022 | Flat |

## Sold Comparables

*Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| 147 TAW WHARF, STICKLEPATH, BARNSTAPLE, NORTH DEVON, DEVON, EX31 2FE | £415,000 | 31/10/2024 | Flat |
| 115 TAW WHARF, STICKLEPATH, BARNSTAPLE, NORTH DEVON, DEVON, EX31 2FE | £265,000 | 05/10/2022 | Flat |
| 122 TAW WHARF, STICKLEPATH, BARNSTAPLE, NORTH DEVON, DEVON, EX31 2FE | £455,000 | 03/10/2022 | Flat |
| 121 TAW WHARF, STICKLEPATH, BARNSTAPLE, NORTH DEVON, DEVON, EX31 2FE | £395,000 | 30/09/2022 | Flat |
| 120 TAW WHARF, STICKLEPATH, BARNSTAPLE, NORTH DEVON, DEVON, EX31 2FE | £300,000 | 23/09/2022 | Flat |
| 118 TAW WHARF, STICKLEPATH, BARNSTAPLE, NORTH DEVON, DEVON, EX31 2FE | £305,000 | 16/09/2022 | Flat |
| 117 TAW WHARF, STICKLEPATH, BARNSTAPLE, NORTH DEVON, DEVON, EX31 2FE | £170,000 | 09/09/2022 | Flat |
| 116 TAW WHARF, STICKLEPATH, BARNSTAPLE, NORTH DEVON, DEVON, EX31 2FE | £225,000 | 02/09/2022 | Flat |
| 114 TAW WHARF, STICKLEPATH, BARNSTAPLE, NORTH DEVON, DEVON, EX31 2FE | £250,000 | 02/09/2022 | Flat |
| 119 TAW WHARF, STICKLEPATH, BARNSTAPLE, NORTH DEVON, DEVON, EX31 2FE | £320,000 | 31/08/2022 | Flat |
| 123 TAW WHARF, STICKLEPATH, BARNSTAPLE, NORTH DEVON, DEVON, EX31 2FE | £475,000 | 26/08/2022 | Flat |

**Area average:** £325,000 (11 sales)

## Capital growth trend

*Land Registry outcode average from sold prices: last 12 months vs 5y and 10y ago.*

- **5y growth:** -7.7%
- **10y growth:** 19.4%

## House Price Index (HM Land Registry)

*Official index for South West; Flats and maisonettes series; as of April 2026.*

- **1y growth (index):** 1.4%
- **5y growth (index):** 3.5%
- **10y growth (index):** 22.8%

## Rental Range

*ONS Price Index of Private Rents (South West). Low / Realistic / Optimistic = conservative / average / best case.*

- **Low:** £1,111/mo
- **Realistic:** £1,234/mo
- **Optimistic:** £1,357/mo

## Rental Comparables

*Residential lets from OpenRent and Rightmove for the area. Bedroom counts vary — use the Beds column to compare like-for-like lets. Student lets are excluded.*

| Title | Rent | Beds | As seen on |
|------|------|------|------|
| 2 Bed Bungalow, Bickington Road, EX31 | £1,400/mo | 2 | OpenRent |

**Average rent: £1,400/mo (1 listing)**

## 1% Rule

- **Rent ratio:** 0.28% (weak for cashflow)
- **Max investor price (0.8%):** £175,000
- **Target investor price (1%):** £140,000

*Monthly rent ÷ price. 1%+ = strong, 0.8–1% = okay, <0.8% = weak. Max investor price = rent ÷ 0.8% (Stoke-style target). Target investor price = rent ÷ 1% (strong cashflow band). Based on OpenRent comparables.*

## Rent-driven metrics

*Based on OpenRent comparables (median £1,400/mo).*

- **Gross yield:** 3.4%
- **Cost-to-rent:** 29.5×
- **Monthly cashflow:** £-714/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** -6%

*Gross yield = annual rent as % of price (no costs). Cost-to-rent = price ÷ annual rent (from OpenRent comparables); under 14× = strong, 14–16× = acceptable, 17×+ = compressed. Cashflow = rent − mortgage − 10% maintenance − £25/mo compliance; assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term. ROI = annual profit ÷ cash in (deposit + 4% purchase costs).*