3, SKERN WAY, NORTHAM, BIDEFORD, EX39 1HZ - £200,000

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

3 SKERN WAY is a small extended detached house of 94m², built sometime between 1996 and 2002. It was last sold for £200,000 in April 2022, which was around 52% below the average April 2022 detached price in the Torridge local authority area. The most recent EPC inspection was January 2022, where the current energy rating was C, and the potential energy rating was B.

3 SKERN WAY Sold Prices

Land registry data shows two sales for 3 SKERN WAY 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 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
2022 5 APR	£200,000	£413,370	52% below HPI
1995 10 OCT	£58,500	£72,043	19% below HPI

3 SKERN WAY 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 SKERN WAY sales from October 1995 and April 2022 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 October 1995 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the April 2022 sale, where it falls to 52% below the HPI. The line then continues to track at 52% below the HPI.

How Large is 3 SKERN WAY?

3 SKERN WAY is 94m², which includes one extension, according to the EPC inspection conducted in January 2022. This puts it in the smallest 40% of detached houses in Northam, based on EPC data. The below chart shows the distribution of detached houses by size in Northam, and where 3 SKERN WAY lies on this distribution: 37% of detached houses are smaller than 3 SKERN WAY, and 62% of houses are larger. Note that EPC data is not available for all properties in Northam.

3 SKERN WAY: Plot and Title Map

3 SKERN WAY sits on a plot of roughly 0.081 of an acre, or 328m². The below map shows the location of 3 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 3 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.

Where is 3 SKERN WAY?

3 SKERN WAY is located in NORTHAM, in the EX39 postcode district. The below map shows the position of No. 3 on SKERN WAY.