5, POUND MEADOW, PARKHAM, BIDEFORD, EX39 5UD - £230,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

5 POUND MEADOW is a very small detached house of 91m², built sometime between 1996 and 2002, which could now be worth an estimated £267,905. It was last sold for £230,000 in April 2021, which was around 34% below the average April 2021 detached price in the Torridge local authority area. The most recent EPC inspection was August 2019, where the current energy rating was D, and the potential energy rating was B.

5 POUND MEADOW Sold Prices

Land registry data shows four sales for 5 POUND MEADOW since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Torridge local authority area for the corresponding sale date. All of the four 5 POUND MEADOW 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 6 APR	£230,000	£346,168	34% below HPI
2007 28 AUG	£234,000	£272,550	14% below HPI
2002 6 AUG	£124,950	£167,541	25% below HPI
2000 24 NOV	£95,785	£123,219	22% below HPI

5 POUND MEADOW 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 four 5 POUND MEADOW sales between November 2000 and April 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 August 2007 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the April 2021 sale, where it falls to 34% below the HPI. The line then continues to track at 34% below the HPI.

What might 5 POUND MEADOW be worth now?

5 POUND MEADOW might now be worth an estimated £267,905.

This is based on house price inflation of 16.5%, between April 2021 and February 2025, for detached houses, in the Torridge local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 16.5% inflationary increase is applied to the most recent sale price for 5 POUND MEADOW of £230,000 on 6th April 2021. For the value to have increased from £230,000 to £267,905 over the four years and two months to February 2025, the following assumptions must hold true:

• The value of 5 POUND MEADOW has moved in line with the HPI for detached houses in the Torridge local authority area.
• The April 2021 sale price of £230,000 represented a fair market value for the property.
• The size, condition, and specification of 5 POUND MEADOW has not materially changed since April 2021.

How Large is 5 POUND MEADOW?

5 POUND MEADOW is 91m² according to the EPC inspection conducted in August 2019. This puts it in the smallest 20% of detached houses houses in Parkham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Parkham, and where 5 POUND MEADOW lies on this distribution: 17% of detached houses houses are smaller than 5 POUND MEADOW, and 82% of houses are larger. Note that EPC data is not available for all properties in Parkham.

5 POUND MEADOW: Plot and Title Map

5 POUND MEADOW sits on a plot of roughly 0.088 of an acre, or 355m². The below map shows the location of 5 POUND MEADOW, 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 POUND MEADOW). 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 POUND MEADOW?

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