3, OSBORNE CLOSE, BIDEFORD, EX39 3RG - £230,000

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.

3 OSBORNE CLOSE is a very small detached house of 58m², built sometime between 1983 and 1990, which could now be worth an estimated £281,576. It was last sold for £230,000 in August 2020, which was around 30% below the average August 2020 detached price in the Torridge local authority area. The most recent EPC inspection was April 2015, where the current energy rating was D, and the potential energy rating was B.

3 OSBORNE CLOSE Sold Prices

Land registry data shows two sales for 3 OSBORNE CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Torridge local authority area for the corresponding sale date. Both of the two 3 OSBORNE 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
2020 6 AUG	£230,000	£329,361	30% below HPI
2016 13 MAY	£195,000	£284,897	32% below HPI

3 OSBORNE 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 two 3 OSBORNE CLOSE sales from May 2016 and August 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 May 2016 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the August 2020 sale, where it rises to 30% below the HPI. The line then continues to track at 30% below the HPI.

What might 3 OSBORNE CLOSE be worth now?

3 OSBORNE CLOSE might now be worth an estimated £281,576.

This is based on house price inflation of 22.4%, between August 2020 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 22.4% inflationary increase is applied to the most recent sale price for 3 OSBORNE CLOSE of £230,000 on 6th August 2020. For the value to have increased from £230,000 to £281,576 over the five years and six months to February 2025, the following assumptions must hold true:

• The value of 3 OSBORNE CLOSE has moved in line with the HPI for detached houses in the Torridge local authority area.
• The August 2020 sale price of £230,000 represented a fair market value for the property.
• The size, condition, and specification of 3 OSBORNE CLOSE has not materially changed since August 2020.

How Large is 3 OSBORNE CLOSE?

3 OSBORNE CLOSE is 58m² according to the EPC inspection conducted in April 2015. This puts it in the smallest 10% 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 3 OSBORNE CLOSE lies on this distribution: 2% of detached houses houses are smaller than 3 OSBORNE CLOSE, and 97% of houses are larger. Note that EPC data is not available for all properties in Bideford.

3 OSBORNE CLOSE: Plot and Title Map

3 OSBORNE CLOSE sits on a plot of roughly 0.088 of an acre, or 356m². The below map shows the location of 3 OSBORNE 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 3 OSBORNE 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 3 OSBORNE CLOSE?

3 OSBORNE CLOSE is located in BIDEFORD, in the EX39 postcode district. The below map shows the position of No. 3 on OSBORNE CLOSE.