4, SOUTHBANK DRIVE, BIDEFORD, EX39 3RJ - £330,000

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

4 SOUTHBANK DRIVE is a small detached house of 85m², built sometime between 1983 and 1990. It was last sold for £330,000 in March 2021, which was around 6% below the average March 2021 detached price in the Torridge local authority area. The most recent EPC inspection was September 2020, where the current energy rating was D, and the potential energy rating was B.

4 SOUTHBANK DRIVE Sold Prices

Land registry data shows two sales for 4 SOUTHBANK DRIVE 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 4 SOUTHBANK DRIVE 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
2021 22 MAR	£330,000	£350,541	6% below HPI
2009 31 JUL	£210,000	£245,518	14% below HPI

4 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 two 4 SOUTHBANK DRIVE sales from July 2009 and March 2021 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 July 2009 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the March 2021 sale, where it rises to 6% below the HPI. The line then continues to track at 6% below the HPI.

How Large is 4 SOUTHBANK DRIVE?

4 SOUTHBANK DRIVE is 85m² according to the EPC inspection conducted in September 2020. This puts it in the smallest 30% of detached houses in Bideford, based on EPC data. The below chart shows the distribution of detached houses by size in Bideford, and where 4 SOUTHBANK DRIVE lies on this distribution: 23% of detached houses are smaller than 4 SOUTHBANK DRIVE, and 76% of houses are larger. Note that EPC data is not available for all properties in Bideford.

4 SOUTHBANK DRIVE: Plot and Title Map

4 SOUTHBANK DRIVE sits on a plot of roughly 0.121 of an acre, or 491m². The below map shows the location of 4 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 4 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 4 SOUTHBANK DRIVE?

4 SOUTHBANK DRIVE is located in BIDEFORD, in the EX39 postcode district. The below map shows the position of No. 4 on SOUTHBANK DRIVE.