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
15 SKERN WAY is a very small detached house of 58m², built sometime between 1983 and 1990. It was last sold for £170,000 in March 2014, which was around 35% below the average March 2014 detached price in the Torridge local authority area. The most recent EPC inspection was April 2012, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows four sales for 15 SKERN WAY since 1st 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 15 SKERN 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 |
---|---|---|---|
2014 28 MAR | £170,000 | £260,281 | 35% below HPI |
2012 29 JUN | £137,500 | £265,097 | 48% below HPI |
1997 7 MAY | £54,500 | £79,825 | 32% below HPI |
1996 22 NOV | £49,500 | £70,594 | 30% below HPI |
The below graph shows the average detached house price in the Torridge local authority area over time, sourced from the HPI. The four 15 SKERN WAY sales between November 1996 and March 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 June 2012 sale was for 48% below the HPI. So the extrapolation line tracks at 48% below the HPI over time, until the March 2014 sale, where it rises to 35% below the HPI. The line then continues to track at 35% below the HPI.
15 SKERN WAY is 58m² according to the EPC inspection conducted in April 2012. This puts it in the smallest 10% of detached houses in Northam, based on EPC data. The below chart shows the distribution of detached houses by size in Northam, and where 15 SKERN WAY lies on this distribution: 2% of detached houses are smaller than 15 SKERN WAY, and 98% of houses are larger. Note that EPC data is not available for all properties in Northam.
15 SKERN WAY sits on a plot of roughly 0.068 of an acre, or 275m². The below map shows the location of 15 SKERN 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 15 SKERN 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.
15 SKERN WAY is located in NORTHAM, in the EX39 postcode district. The below map shows the position of No. 15 on SKERN WAY.