Sold STC Flat

5 PEARDS DOWN CLOSE

BARNSTAPLE, DEVON EX32 8PF

1 beds 1 baths 452 sq ft Listed 21 Sep 2023 (-980d)

£115,000

Guide Price

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# 1 bedroom flat for sale (EX32 8PF)

## Property Details

| Key | Value |
|-----|-------|
| Address | 5 PEARDS DOWN CLOSE, BARNSTAPLE, DEVON EX32 8PF |
| Price | £115,000 |
| Bedrooms | 1 |
| Bathrooms | 1 |
| Council tax | A |
| Construction age | England and Wales: 1983-1990 |
| Floor area | 42 m² |
| Last sold | £114,000 May 2024 |

## EPC Rating & Upgrade Cost

- **Current rating:** C
- **Potential rating:** C
- **Current heating cost:** £275/year
- **Est. upgrade cost to C:** £225

### Recommendations
- A (£100 - £350)

[View full EPC on gov.uk](https://find-energy-certificate.service.gov.uk/energy-certificate/9817-1059-5002-0201-4302)

## Description

The property is located within close proximity of Barnstaple Town Centre and offers a dual aspect Lounge / Diner, a modern fitted Kitchen and a 3-piece Bathroom together with a double Bedroom.  The property further benefits from ample off-road parking to the rear.

Peards Down Close is situated within the popular area of Whiddon Valley within short walking distance of a convenience store, primary school and supermarket.

It is located on the outskirts of Barnstaple Town Centre which offers an excellent range of both local and national High Street shops, banks and leisure facilities including the acclaimed 'Green Lanes' shopping centre.  In addition to this, there is also a theatre, cinema, hospital, a range of schools and an indoor heated leisure pool.

There is easy access to the North Devon Link Road which leads to the M5 motorway network and beyond.  The popular coastal resorts of Saunton, Croyde, Woolacombe and Westward Ho! are close at hand whilst Exmoor National Park is just a short car journey away.

**Directions**

From Barnstaple, continue out of town along Eastern Avenue.  Upon reaching Tesco roundabout, take the left hand turning into Whiddon Valley.  Take the second left hand turning onto Barton Road.  Take the third right hand turning into Peards Down Close.  Follow the road as it bears to your right where number 5 will be located on your right hand side with a numberplate clearly displayed.

## Property Photos

- ![Picture No. 25](/listings/photos/140287757/302654) - Picture No. 25
- ![Picture No. 18](/listings/photos/140287757/302655) - Picture No. 18
- ![Picture No. 20](/listings/photos/140287757/302656) - Picture No. 20
- ![Picture No. 17](/listings/photos/140287757/302657) - Picture No. 17
- ![Picture No. 15](/listings/photos/140287757/302658) - Picture No. 15
- ![Picture No. 23](/listings/photos/140287757/302659) - Picture No. 23
- ![Picture No. 24](/listings/photos/140287757/302660) - Picture No. 24

## Floorplans

- ![Floorplan](/listings/photos/140287757/302661) - Floorplan

## EPC Graphs

- ![EPC Rating Graph](/listings/photos/140287757/302662) - EPC Rating Graph

## Sales History

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

| Address | Price | Date | Type |
|---------|-------|------|------|
| 5 PEARDS DOWN CLOSE, BARNSTAPLE, NORTH DEVON, DEVON, EX32 8PF | £114,000 | 08/05/2024 | Flat |
| 5 PEARDS DOWN CLOSE, BARNSTAPLE, NORTH DEVON, DEVON, EX32 8PF | £95,000 | 23/10/2019 | Flat |
| 5 PEARDS DOWN CLOSE, BARNSTAPLE, NORTH DEVON, DEVON, EX32 8PF | £90,000 | 08/03/2013 | 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 |
|---------|-------|------|------|
| 106 BARTON ROAD, BARNSTAPLE, NORTH DEVON, DEVON, EX32 8NG | £93,500 | 01/09/2025 | Flat |
| 118 BARTON ROAD, BARNSTAPLE, NORTH DEVON, DEVON, EX32 8NG | £108,000 | 08/08/2025 | Flat |
| 10 SPEEDWELL CLOSE, BARNSTAPLE, NORTH DEVON, DEVON, EX32 8PY | £152,500 | 27/06/2025 | Flat |
| 22 PEARDS DOWN CLOSE, BARNSTAPLE, NORTH DEVON, DEVON, EX32 8PF | £97,000 | 21/07/2023 | Flat |
| 110 BARTON ROAD, BARNSTAPLE, NORTH DEVON, DEVON, EX32 8NG | £115,000 | 26/05/2023 | Flat |
| 74 BARTON ROAD, BARNSTAPLE, NORTH DEVON, DEVON, EX32 8NG | £97,500 | 17/03/2023 | Flat |
| 23 STOAT PARK, BARNSTAPLE, NORTH DEVON, DEVON, EX32 8PT | £127,000 | 09/12/2022 | Flat |
| 41 OTTER WAY, BARNSTAPLE, NORTH DEVON, DEVON, EX32 8PS | £150,000 | 18/11/2022 | Flat |
| 110 BARTON ROAD, BARNSTAPLE, NORTH DEVON, DEVON, EX32 8NG | £97,000 | 18/11/2022 | Flat |
| 31 STOAT PARK, BARNSTAPLE, NORTH DEVON, DEVON, EX32 8PT | £160,000 | 07/10/2022 | Flat |
| 86 BARTON ROAD, BARNSTAPLE, NORTH DEVON, DEVON, EX32 8NG | £115,000 | 19/08/2022 | Flat |
| 96 BARTON ROAD, BARNSTAPLE, NORTH DEVON, DEVON, EX32 8NG | £120,000 | 12/08/2022 | Flat |
| 20 STOAT PARK, BARNSTAPLE, NORTH DEVON, DEVON, EX32 8PT | £139,000 | 07/06/2022 | Flat |
| 86 BARTON ROAD, BARNSTAPLE, NORTH DEVON, DEVON, EX32 8NG | £97,500 | 06/10/2021 | Flat |

**Area average:** £119,214 (14 sales)

## Price vs local average

*Outcode + property type (HousePrices, last 2 years).*

- **Local average:** £135,682 (11 Flat, EX32, 2024–2026)
- **Deviation:** -15.2%

## Rental Range

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

- **Low:** £766/mo
- **Realistic:** £851/mo
- **Optimistic:** £936/mo

## Rental Comparables

*Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.*

| Title | Rent | Beds | Distance | As seen on |
|------|------|------|------|------|
| 1 Bed Flat, Ivy Lodge Cottage, EX32 | £850/mo | 1 | 0.7 miles | OpenRent |

**Average rent: £850/mo (1 listing)**

## 1% Rule

- **Rent ratio:** 0.74% (weak for cashflow)
- **Max investor price (0.8%):** £106,250
- **Target investor price (1%):** £85,000

*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 £850/mo).*

- **Gross yield:** 8.9%
- **Cost-to-rent:** 11.3×
- **Monthly cashflow:** £287/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 10.3%

*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).*

## Price per Square Metre

- **£/m²:** £2,738/m²

## Capital growth trend

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

- **5y growth:** 2.7%
- **10y growth:** 28.1%

## House Price Index (HM Land Registry)

*Official index for North Devon; Flats and maisonettes series; as of February 2026.*

- **1y growth (index):** -6.7%
- **5y growth (index):** 5%
- **10y growth (index):** 23.3%

## Flood risk

- **Zone:** 1
- **Risk:** Low
- **Source:** Job (default Low)

[Check long-term flood risk (GOV.UK)](https://check-long-term-flood-risk.service.gov.uk/postcode)

Picture No. 25 Picture No. 18 Picture No. 20 Picture No. 17 Picture No. 15 Picture No. 23 Picture No. 24

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Property details

Tenure

LEASEHOLD

Floor area

42 m²

Council tax band

EPC rating

Year built

England and Wales: 1983-1990

Last sold

£114,000 May 2024

Price per m²

£2,738/m²

Local average

£135,682 (-15.2%)

Deprivation

Decile 7 (23,484 of 33,755)

Street crime

67 incidents within 1 mile (Mar 2026)

Key features

A WELL-PRESENTED, PURPOSE-BUILT FIRST FLOOR APARTMENT
1 double Bedroom
No onward chain
Located within close proximity of Barnstaple Town Centre
Dual aspect Lounge / Diner
Modern fitted Kitchen
3-piece Bathroom
Ample off-road parking

Additional details

Parking: Yes

Description

Attention all first time buyers and investors. We welcome to the market this well-presented, purpose-built 1 Bedroom First Floor apartment situated within the popular area of Whiddon Valley and offered for sale with no onward chain.

The property is located within close proximity of Barnstaple Town Centre and offers a dual aspect Lounge / Diner, a modern fitted Kitchen and a 3-piece Bathroom together with a double Bedroom. The property further benefits from ample off-road parking to the rear.

Peards Down Close is situated within the popular area of Whiddon Valley within short walking distance of a convenience store, primary school and supermarket.

It is located on the outskirts of Barnstaple Town Centre which offers an excellent range of both local and national High Street shops, banks and leisure facilities including the acclaimed 'Green Lanes' shopping centre. In addition to this, there is also a theatre, cinema, hospital, a range of schools and an indoor heated leisure pool.

There is easy access to the North Devon Link Road which leads to the M5 motorway network and beyond. The popular coastal resorts of Saunton, Croyde, Woolacombe and Westward Ho! are close at hand whilst Exmoor National Park is just a short car journey away.

Directions
From Barnstaple, continue out of town along Eastern Avenue. Upon reaching Tesco roundabout, take the left hand turning into Whiddon Valley. Take the second left hand turning onto Barton Road. Take the third right hand turning into Peards Down Close. Follow the road as it bears to your right where number 5 will be located on your right hand side with a numberplate clearly displayed.

Listed by

Barnstaple

Bond Oxborough Phillips

Reference: 140287757

EPC Rating & Upgrade Cost

Current rating: C

Potential rating: C

Inspection date: 08/09/2021

Current heating cost: £275/year

Potential heating cost: £247/year

Est. upgrade cost to C: £225

Recommendations

Increase loft insulation to 270 mm (£100 - £350)

View full EPC on gov.uk

Flood risk

Zone: 1

Risk: Low

Job (default Low)

Floorplans

Floorplan

EPC Graphs

EPC Rating Graph

Price history

27% since 2013

Event	Date	Price	% change
Sold	08/05/2024 (2 years ago)	£114,000	+20%
Sold	23/10/2019 (6 years ago)	£95,000	+5.6%
Sold	08/03/2013 (13 years ago)	£90,000	—

Source: HM Land Registry Price Paid Data. Crown copyright.

Sold Comparables

Same street and nearby sales within 0.25 miles (last 5 years). Data from Land Registry Price Paid.

Address	Price	Date	Type
106 BARTON ROAD, BARNSTAPLE, NORTH DEVON, DEVON, EX32 8NG	£93,500	01/09/2025	Flat
118 BARTON ROAD, BARNSTAPLE, NORTH DEVON, DEVON, EX32 8NG	£108,000	08/08/2025	Flat
10 SPEEDWELL CLOSE, BARNSTAPLE, NORTH DEVON, DEVON, EX32 8PY	£152,500	27/06/2025	Flat
22 PEARDS DOWN CLOSE, BARNSTAPLE, NORTH DEVON, DEVON, EX32 8PF	£97,000	21/07/2023	Flat
110 BARTON ROAD, BARNSTAPLE, NORTH DEVON, DEVON, EX32 8NG	£115,000	26/05/2023	Flat
74 BARTON ROAD, BARNSTAPLE, NORTH DEVON, DEVON, EX32 8NG	£97,500	17/03/2023	Flat
23 STOAT PARK, BARNSTAPLE, NORTH DEVON, DEVON, EX32 8PT	£127,000	09/12/2022	Flat
41 OTTER WAY, BARNSTAPLE, NORTH DEVON, DEVON, EX32 8PS	£150,000	18/11/2022	Flat
110 BARTON ROAD, BARNSTAPLE, NORTH DEVON, DEVON, EX32 8NG	£97,000	18/11/2022	Flat
31 STOAT PARK, BARNSTAPLE, NORTH DEVON, DEVON, EX32 8PT	£160,000	07/10/2022	Flat
86 BARTON ROAD, BARNSTAPLE, NORTH DEVON, DEVON, EX32 8NG	£115,000	19/08/2022	Flat
96 BARTON ROAD, BARNSTAPLE, NORTH DEVON, DEVON, EX32 8NG	£120,000	12/08/2022	Flat
20 STOAT PARK, BARNSTAPLE, NORTH DEVON, DEVON, EX32 8PT	£139,000	07/06/2022	Flat
86 BARTON ROAD, BARNSTAPLE, NORTH DEVON, DEVON, EX32 8NG	£97,500	06/10/2021	Flat

Area average: £119,214 (14 sales)

Capital growth trend

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

5y growth 2.7%

10y growth 28.1%

House Price Index (HM Land Registry — official index, not sold-price averages): North Devon. Series: Flats and maisonettes. As of February 2026.

1y (index) -6.7%

5y (index) 5%

10y (index) 23.3%

Rental Range

Estimated market rent for North Devon. Low = conservative, Realistic = average, Optimistic = best case.

Low £766/mo

Realistic £851/mo

Optimistic £936/mo

Based on Local Authority from postcode lookup → North Devon.

Location

Map view View on Google Maps View on OpenStreetMap Street View EX32 8PF

Nearby

Nearest stations, universities and amenities (distance from property).

Type	Name	Distance
Shop	Pigtails	0.1 miles
Shop	Best-one	0.1 miles
Bus stop	North Devon Homes	0.1 miles
Bus stop	Otter Way	0.1 miles
Hospital	North Devon District Hospital	1.5 miles
Train station	Barnstaple	1.5 miles
Train station	Chapelton	4.1 miles
Hospital	Bideford Hospital	9.0 miles

Street-level crime

Category	Count
Violence and sexual offences	32
Anti-social behaviour	15
Criminal damage and arson	7
Other theft	7
Public order	3
Burglary	1
Drugs	1
Shoplifting	1
Total incidents	67

Within 1 mile during Mar 2026. Source: data.police.uk (England & Wales).

Schools nearby

Nearest open schools with Ofsted ratings (England). Closed schools are not shown. Data from Get Information about Schools and Ofsted.

Name	Type	Distance	Ofsted
Orchard Vale Community School	Primary	0.3 miles	Good — 25 Jun 2023
On Track Education Services Ltd	Other	0.4 miles	Good — 28 Nov 2022
Eden Park Academy	Primary	0.5 miles	Requires improvement — 6 Dec 2023
The Lampard Community School	Other	0.6 miles	Good — 12 Sep 2017
Newport Community School Primary Academy	Primary	0.7 miles	Outstanding — 9 Mar 2015

Rental Comparables

Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.

Title	Rent	Beds	Distance	As seen on
1 Bed Flat, Ivy Lodge Cottage, EX32	£850/mo	1	0.7 miles	OpenRent

Average rent: £850/mo (1 listing)

Rent-driven metrics

Based on OpenRent comparables.

Rent ratio 0.74%

Max investor price (0.8%) £106,250

Target investor price (1%) £85,000

Gross yield 8.9%

Cost-to-rent ratio 11.3×

Monthly cashflow £287/mo 75% LTV, 3.95% APR (5yr fixed), 25yr term

Cash-on-cash ROI 10.3%

Rent ratio — Monthly rent ÷ purchase price (1% rule). 1%+ = strong, 0.8–1% = okay, <0.8% = weak for cashflow.
Max investor price — Rent ÷ 0.8%; the price at which rent would be 0.8% of price (Stoke-style target).
Target investor price — Rent ÷ 1%; the price at which rent would be 1% of price (strong cashflow band).
Gross yield — Annual rent as % of purchase price (no costs).
Cost-to-rent — Price ÷ annual rent (from OpenRent comparables). Under 14× = strong, 14–16× = acceptable, 17×+ = compressed.
Cashflow — Rent minus 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).