1, SHORT CLOSE, BIDEFORD, EX39 3QL - £245,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

1 SHORT CLOSE is a small detached house of 87m², built sometime between 1991 and 1995. It was last sold for £245,000 in June 2021, which was around 33% below the average June 2021 detached price in the Torridge local authority area. The most recent EPC inspection was May 2011, where the current energy rating was D, and the potential energy rating was D.

1 SHORT CLOSE Sold Prices

Land registry data shows three sales for 1 SHORT CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Torridge local authority area for the corresponding sale date. All of the three 1 SHORT CLOSE 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
2021 18 JUN	£245,000	£367,494	33% below HPI
2006 9 JUN	£174,000	£253,328	31% below HPI
1997 10 OCT	£59,000	£84,360	30% below HPI

1 SHORT CLOSE 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 three 1 SHORT CLOSE sales between October 1997 and June 2021 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 June 2006 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the June 2021 sale, where it falls to 33% below the HPI. The line then continues to track at 33% below the HPI.

How Large is 1 SHORT CLOSE?

1 SHORT CLOSE is 87m² according to the EPC inspection conducted in May 2011. This puts it in the smallest 30% 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 SHORT CLOSE lies on this distribution: 25% of detached houses are smaller than 1 SHORT CLOSE, and 75% of houses are larger. Note that EPC data is not available for all properties in Bideford.

1 SHORT CLOSE: Plot and Title Map

1 SHORT CLOSE sits on a plot of roughly 0.062 of an acre, or 251m². The below map shows the location of 1 SHORT CLOSE, 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 SHORT CLOSE). 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 SHORT CLOSE?

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