About £379,000 buys the typical house, and that single figure covers two very different transactions. Detached is where the money goes. A semi lands closer to £238,000. Only 38 homes changed hands across the whole area in a year. This is not an expensive market so much as a thin one, where what you are buying decides the price long before where you are buying does.
The Land Registry's twelve months to May 2026 record those 38 sales at a median of about £379,000. Split by type, 24 detached sales came in at a median of £435,000 and 12 semi-detached at £237,500. Thirty-eight sales is a whole year of a whole area, which means one unusual farmhouse with land can shift the headline number in a way it never could in a town. Read the type medians first and the overall median second.
For direction of travel, the published house price index for the area put the average property at about £278,000 as of May 2026, up 0.6% over the preceding twelve months and up about 9% over five years. Nought point six per cent is not a boom or a wobble, it is a market holding still. Flats went the other way, down about 3% over the same twelve months to an average near £135,000, though flats are a small corner of the stock here and the index is measuring a handful of them.
Council tax is the part that flatters the place. Band B is the most common band, about 42% of dwellings sit in bands A or B, and a band D bill runs to roughly £2,640 a year. Plenty of buyers moving from a city discover that the four-bedroom house in the valley costs less to be taxed on than the terrace they left.
Renting is a different market and the published figure is not the village's own. The Office for National Statistics puts typical private rent across the North Devon area at about £850 a month as of April 2026, up about 3% over the year, and that is a mean across the local authority rather than a median of what is advertised locally. By size, the area figures run to about £590 for a one bedroom, £780 for two bedrooms, £970 for three and £1,340 for four or more.
Against local earnings, those prices ask a lot. Household income across the area was modelled at about £45,000 gross, before tax, for the financial year to March 2023, which is the most recent modelled year rather than a current wage. A typical sale price near £379,000 is not a number that income reaches comfortably, and it explains why so much of the buying here is done by people arriving with equity from somewhere else rather than by people who grew up down the lane.
Measured by floor space, the sales that could be matched to an energy certificate, about 42% of them or 16 in total, came out at a median of roughly £2,760 per square metre, on a typical floor area of about 84 square metres. That covers under half the market, so treat it as a sighting shot rather than a valuation.
The bedroom mix explains what most searches actually turn up. From the 2021 Census, about 39% of homes have three bedrooms and about 36% have four or more, with 19% at two bedrooms and 7% at one. Three and four bedroom houses are the local default, which is fine if that is what you want and awkward if you were hoping to buy small.
Value here is middling, and the reason is the shape of the market rather than the level of the prices. The council tax and the semi-detached end are genuinely reasonable, the detached end is priced for incomers, and the whole thing turns on a volume of sales small enough that patience matters more than budget.