2, NEEDS DRIVE, BIDEFORD, EX39 3TB - £325,000

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

2 NEEDS DRIVE is a large detached house of 128m². It was last sold for £325,000 in December 2020, which was around 9% below the average December 2020 detached price in the Torridge local authority area. The most recent EPC inspection was June 2013, where the current energy rating was B, and the potential energy rating was B.

2 NEEDS DRIVE Sold Prices

Land registry data shows three sales for 2 NEEDS DRIVE 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. Two of the three 2 NEEDS DRIVE sales were for below the average price, whilst one was 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
2020 14 DEC	£325,000	£356,408	9% below HPI
2017 3 NOV	£295,000	£316,597	7% below HPI
2014 29 APR	£289,950	£267,323	8% above HPI

2 NEEDS DRIVE 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 2 NEEDS DRIVE sales between April 2014 and December 2020 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 November 2017 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the December 2020 sale, where it falls to 9% below the HPI. The line then continues to track at 9% below the HPI.

How Large is 2 NEEDS DRIVE?

2 NEEDS DRIVE is 128m² according to the EPC inspection conducted in June 2013. This puts it in the largest 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 2 NEEDS DRIVE lies on this distribution: 69% of detached houses are smaller than 2 NEEDS DRIVE, and 30% of houses are larger. Note that EPC data is not available for all properties in Bideford.

2 NEEDS DRIVE: Plot and Title Map

2 NEEDS DRIVE sits on a plot of roughly 0.067 of an acre, or 270m². The below map shows the location of 2 NEEDS DRIVE, 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 2 NEEDS DRIVE). 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 2 NEEDS DRIVE?

2 NEEDS DRIVE is located in BIDEFORD, in the EX39 postcode district. The below map shows the position of No. 2 on NEEDS DRIVE.