5, MEADOW RISE, NORTHAM, BIDEFORD, EX39 3FQ - £495,000

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

5 MEADOW RISE is a very large detached house of 148m². It was last sold for £495,000 in November 2020, which was around 41% above the average November 2020 detached price in the Torridge local authority area. The most recent EPC inspection was July 2017, where the current energy rating was B, and the potential energy rating was B.

5 MEADOW RISE Sold Prices

Land registry data shows two sales for 5 MEADOW RISE 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 5 MEADOW RISE 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
2020 24 NOV	£495,000	£350,776	41% above HPI
2018 18 MAY	£460,000	£327,997	40% above HPI

5 MEADOW RISE 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 5 MEADOW RISE sales from May 2018 and November 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 2018 sale was for 40% above the HPI. So the extrapolation line tracks at 40% above the HPI over time, until the November 2020 sale, where it rises to 41% above the HPI. The line then continues to track at 41% above the HPI.

How Large is 5 MEADOW RISE?

5 MEADOW RISE is 148m² according to the EPC inspection conducted in July 2017. This puts it in the largest 20% of detached houses in Northam, based on EPC data. The below chart shows the distribution of detached houses by size in Northam, and where 5 MEADOW RISE lies on this distribution: 80% of detached houses are smaller than 5 MEADOW RISE, and 20% of houses are larger. Note that EPC data is not available for all properties in Northam.

5 MEADOW RISE: Plot and Title Map

5 MEADOW RISE sits on a plot of roughly 0.143 of an acre, or 580m². The below map shows the location of 5 MEADOW RISE, 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 5 MEADOW RISE). 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 5 MEADOW RISE?

5 MEADOW RISE is located in NORTHAM, in the EX39 postcode district. The below map shows the position of No. 5 on MEADOW RISE.