3, SPRING CLOSE, NORTHAM, BIDEFORD, EX39 1TY - £365,000

Based on the July 2024 Price Paid Data (released on 29th August 2024), the June 2024 House Price Index (released on 14th August 2024), and the July 2024 Energy Performance of Buildings Data (released on 29th August 2024). Sources

3 SPRING CLOSE is a large detached house of 119m², built sometime between 1996 and 2002. It was last sold for £365,000 in September 2016, which was around 21% above the average September 2016 detached price in the Torridge local authority area. The most recent EPC inspection was May 2016, where the current energy rating was B, and the potential energy rating was B.

3 SPRING CLOSE Sold Prices

Land registry data shows two sales for 3 SPRING 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 SPRING CLOSE 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
2016 12 SEP	£365,000	£301,431	21% above HPI
1997 16 OCT	£105,000	£84,360	24% above HPI

3 SPRING 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 SPRING CLOSE sales from October 1997 and September 2016 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 1997 sale was for 24% above the HPI. So the extrapolation line tracks at 24% above the HPI over time, until the September 2016 sale, where it falls to 21% above the HPI. The line then continues to track at 21% above the HPI.

How Large is 3 SPRING CLOSE?

3 SPRING CLOSE is 119m² according to the EPC inspection conducted in May 2016. This puts it in the largest 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 SPRING CLOSE lies on this distribution: 62% of detached houses are smaller than 3 SPRING CLOSE, and 38% of houses are larger. Note that EPC data is not available for all properties in Northam.

3 SPRING CLOSE: Plot and Title Map

3 SPRING CLOSE sits on a plot of roughly 0.133 of an acre, or 540m². The below map shows the location of 3 SPRING 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 SPRING 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 SPRING CLOSE?

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