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Lydacott, Barnstaple EX31

South West

£325,000

Listed on 10/09/2026

The listing

Property details

Bedrooms
4
Type
Land

Description

Lot 3 at Higher Lydacott Farm comprises a detached barn with Class Q planning consent for conversion to a single-storey home, together with two pasture fields extending to approximately 8.26 acres. The approved scheme provides for four double bedrooms, including two with en-suite shower rooms, an open-plan kitchen, dining and living area, a separate bathroom, utility room and cloakroom. Mains water is connected, subject to a new connection being established if Lots 3 and 4 are purchased separately from Lot 1. The land is currently let under a grazing licence until 31 March 2026. The freehold includes sporting and mineral rights insofar as they are owned, and the sale is subject to relevant wayleaves and rights of way. Underground electricity cables cross parts of the land, and a neighbouring owner has rights to lay services across Lot 3, with the route to be agreed. The fields are gently sloping and include mature trees. Higher Lydacott Farm is set in open countryside near Fremington, with Barnstaple and the A39 within a short drive; the River Taw estuary and coastal settlements are also accessible. Additional land is available separately. Buyers should check the approved plans, planning conditions, service arrangements and land rights before proceeding.

WHOTS analysis

Our WHOTS verdict

An internal assessment of the opportunity to acquire, improve and create value.

41out of 100
Grade ELow opportunity

Confidence: LOW

This is a substantial conversion opportunity rather than a finished home: the listing describes Class Q consent for a single-storey, four-bedroom dwelling, while the photos show a weathered agricultural shed with an uneven-looking roof edge and no completed residential conversion. The proposed layout offers scope to create open-plan living alongside four bedrooms, set within 8.26 acres of pasture with mature trees and countryside views.

At £325,000, value versus local £/sq ft cannot yet be judged because the floor area is missing; there is also no renovation range available to assess the project economics. The consent, its conditions and the feasibility of the conversion should be verified, and the visible condition points to a major build programme. The rural setting and land are distinctive strengths, but the unknown conversion costs and elevated risk keep this in low-opportunity territory for now.

Key opportunities

  • Create the approved single-storey, four-bedroom home, with open-plan living and two proposed en-suite bedrooms.
  • Shape a rural home around 8.26 acres of gently sloping pasture, mature trees and views towards the River Taw estuary.
  • The Class Q consent provides a defined starting point for the conversion, subject to checking the decision, conditions and feasibility.

Key risks

  • The weathered shed has vegetation around it and an uneven or damaged-looking roof edge; the proposed dwelling's exterior and conversion work are not shown.
  • A weathered agricultural shell with no visible conversion works makes this a major build programme, not a cosmetic refresh; the works budget and timescale cannot be judged without a renovation estimate.
  • Floor area is missing, so value versus local £/sq ft cannot be judged, and the renovation economics remain insufficiently evidenced.

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Map

Location

Lydacott, Barnstaple EX31
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Transport

Nearest stations

  • Barnstaple Rail Station

    3.0 miles

    Train · Barnstaple

  • Chapelton (Devon) Rail Station

    5.0 miles

    Train · Chapelton

  • Umberleigh Rail Station

    7.2 miles

    Train · Umberleigh

  • Portsmouth Arms Rail Station

    10.0 miles

    Train · Kingford

Contains public sector information from NaPTAN (DfT) licensed under the Open Government Licence v3.0.

Finance

Mortgage calculator

Illustrative repayments based on the asking price, not a mortgage offer.

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£1,228
Based on a loan of £243,750 over 30 years at 4.45% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

Tax

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Indicative tax based on the asking price and the options you select.

This calculation uses non-residential (land/commercial) tax rates.

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