1, MALVERN WAY, BIDEFORD, EX39 3RQ - £290,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

1 MALVERN WAY is a very small detached house of 56m², built sometime between 1983 and 1990. It was last sold for £290,000 in July 2023, which was around 33% below the average July 2023 detached price in the Torridge local authority area. The most recent EPC inspection was December 2022, where the current energy rating was C, and the potential energy rating was B.

1 MALVERN WAY Sold Prices

Land registry data shows four sales for 1 MALVERN WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Torridge local authority area for the corresponding sale date. All of the four 1 MALVERN WAY sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2023 6 JUL	£290,000	£433,274	33% below HPI
2022 30 MAY	£297,000	£410,092	28% below HPI
2017 17 NOV	£210,000	£316,597	34% below HPI
2017 17 MAR	£200,000	£298,774	33% below HPI

1 MALVERN WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Torridge local authority area over time, sourced from the HPI. The four 1 MALVERN WAY sales between March 2017 and July 2023 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the May 2022 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the July 2023 sale, where it falls to 33% below the HPI. The line then continues to track at 33% below the HPI.

How Large is 1 MALVERN WAY?

1 MALVERN WAY is 56m² according to the EPC inspection conducted in December 2022. This puts it in the smallest 10% of detached houses in Bideford, based on EPC data. The below chart shows the distribution of detached houses by size in Bideford, and where 1 MALVERN WAY lies on this distribution: 1% of detached houses are smaller than 1 MALVERN WAY, and 99% of houses are larger. Note that EPC data is not available for all properties in Bideford.

1 MALVERN WAY: Plot and Title Map

1 MALVERN WAY sits on a plot of roughly 0.120 of an acre, or 486m². The below map shows the location of 1 MALVERN WAY, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 1 MALVERN WAY). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 1 MALVERN WAY?

1 MALVERN WAY is located in BIDEFORD, in the EX39 postcode district. The below map shows the position of No. 1 on MALVERN WAY.