2, RIVERSMEET, APPLEDORE, BIDEFORD, EX39 1RE - £300,000

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 RIVERSMEET is a midsized extended detached house of 108m², built sometime between 1967 and 1975. It was last sold for £300,000 in July 2017, which was around 5% below the average July 2017 detached price in the Torridge local authority area. The most recent EPC inspection was April 2016, where the current energy rating was C, and the potential energy rating was B.

2 RIVERSMEET Sold Prices

Land registry data shows three sales for 2 RIVERSMEET 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 2 RIVERSMEET 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
2017 21 JUL	£300,000	£314,940	5% below HPI
2016 1 JUN	£280,000	£285,277	2% below HPI
2000 14 NOV	£88,500	£126,371	30% below HPI

2 RIVERSMEET 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 RIVERSMEET sales between November 2000 and July 2017 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 2016 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the July 2017 sale, where it falls to 5% below the HPI. The line then continues to track at 5% below the HPI.

How Large is 2 RIVERSMEET?

2 RIVERSMEET is 108m², which includes one extension, according to the EPC inspection conducted in April 2016. This puts it in the smallest 50% of detached houses in Appledore, based on EPC data. The below chart shows the distribution of detached houses by size in Appledore, and where 2 RIVERSMEET lies on this distribution: 47% of detached houses are smaller than 2 RIVERSMEET, and 53% of houses are larger. Note that EPC data is not available for all properties in Appledore.

2 RIVERSMEET: Plot and Title Map

2 RIVERSMEET sits on a plot of roughly 0.117 of an acre, or 473m². The below map shows the location of 2 RIVERSMEET, 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 RIVERSMEET). 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 RIVERSMEET?

2 RIVERSMEET is located in APPLEDORE, in the EX39 postcode district. The below map shows the position of No. 2 on RIVERSMEET.