1, SPEEDWELL CLOSE, BIDEFORD, EX39 5XU - £325,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

1 SPEEDWELL CLOSE is a very large extended detached house of 158m², built sometime between 1996 and 2002, which could now be worth an estimated £487,687. It was last sold for £325,000 in August 2014, which was around 21% above the average August 2014 detached price in the Torridge local authority area. The most recent EPC inspection was February 2014, where the current energy rating was C, and the potential energy rating was B.

1 SPEEDWELL CLOSE Sold Prices

Land registry data shows three sales for 1 SPEEDWELL 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 SPEEDWELL CLOSE sales were for above 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
2014 8 AUG	£325,000	£268,709	21% above HPI
2007 10 AUG	£315,000	£272,550	16% above HPI
2003 25 JUL	£260,000	£188,915	38% above HPI

1 SPEEDWELL 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 SPEEDWELL CLOSE sales between July 2003 and August 2014 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 August 2007 sale was for 16% above the HPI. So the extrapolation line tracks at 16% above the HPI over time, until the August 2014 sale, where it rises to 21% above the HPI. The line then continues to track at 21% above the HPI.

What might 1 SPEEDWELL CLOSE be worth now?

1 SPEEDWELL CLOSE might now be worth an estimated £487,687.

This is based on house price inflation of 50.1%, between August 2014 and February 2025, for detached houses, in the Torridge local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 50.1% inflationary increase is applied to the most recent sale price for 1 SPEEDWELL CLOSE of £325,000 on 8th August 2014. For the value to have increased from £325,000 to £487,687 over the eleven years and six months to February 2025, the following assumptions must hold true:

• The value of 1 SPEEDWELL CLOSE has moved in line with the HPI for detached houses in the Torridge local authority area.
• The August 2014 sale price of £325,000 represented a fair market value for the property.
• The size, condition, and specification of 1 SPEEDWELL CLOSE has not materially changed since August 2014.

How Large is 1 SPEEDWELL CLOSE?

1 SPEEDWELL CLOSE is 158m², which includes one extension, according to the EPC inspection conducted in February 2014. This puts it in the largest 20% of detached houses houses in Bideford, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bideford, and where 1 SPEEDWELL CLOSE lies on this distribution: 88% of detached houses houses are smaller than 1 SPEEDWELL CLOSE, and 12% of houses are larger. Note that EPC data is not available for all properties in Bideford.

1 SPEEDWELL CLOSE: Plot and Title Map

1 SPEEDWELL CLOSE sits on a plot of roughly 0.112 of an acre, or 454m². The below map shows the location of 1 SPEEDWELL 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 SPEEDWELL 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 SPEEDWELL CLOSE?

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