3, SOUTHBANK DRIVE, BIDEFORD, EX39 3RJ - £389,950

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 SOUTHBANK DRIVE is a very large detached house of 155m², built sometime between 1983 and 1990. It was last sold for £389,950 in September 2015, which was around 30% above the average September 2015 detached price in the Torridge local authority area. The most recent EPC inspection was June 2013, where the current energy rating was C, and the potential energy rating was B.

3 SOUTHBANK DRIVE Sold Prices

Land registry data shows three sales for 3 SOUTHBANK 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. All of the three 3 SOUTHBANK DRIVE sales were 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
2015 17 SEP	£389,950	£299,672	30% above HPI
2014 6 FEB	£360,000	£261,631	38% above HPI
2004 12 JAN	£289,950	£213,706	36% above HPI

3 SOUTHBANK 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 3 SOUTHBANK DRIVE sales between January 2004 and September 2015 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 February 2014 sale was for 38% above the HPI. So the extrapolation line tracks at 38% above the HPI over time, until the September 2015 sale, where it falls to 30% above the HPI. The line then continues to track at 30% above the HPI.

How Large is 3 SOUTHBANK DRIVE?

3 SOUTHBANK DRIVE is 155m² according to the EPC inspection conducted in June 2013. This puts it in the largest 20% of detached houses in Bideford, based on EPC data. The below chart shows the distribution of detached houses by size in Bideford, and where 3 SOUTHBANK DRIVE lies on this distribution: 87% of detached houses are smaller than 3 SOUTHBANK DRIVE, and 13% of houses are larger. Note that EPC data is not available for all properties in Bideford.

3 SOUTHBANK DRIVE: Plot and Title Map

3 SOUTHBANK DRIVE sits on a plot of roughly 0.149 of an acre, or 604m². The below map shows the location of 3 SOUTHBANK 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 3 SOUTHBANK 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 3 SOUTHBANK DRIVE?

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