5, SPRINGFIELD TERRACE, BIDEFORD, EX39 4AN - £175,000

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 SPRINGFIELD TERRACE is a midsized extended detached house of 113m², built sometime before 1900, which could now be worth an estimated £285,324. It was last sold for £175,000 in September 2004, which was around 27% below the average September 2004 detached price in the Torridge local authority area. The most recent EPC inspection was March 2020, where the current energy rating was D, and the potential energy rating was B.

5 SPRINGFIELD TERRACE Sold Prices

Land registry data shows three sales for 5 SPRINGFIELD TERRACE 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 5 SPRINGFIELD TERRACE 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
2004 28 SEP	£175,000	£240,441	27% below HPI
2001 7 DEC	£115,500	£136,076	15% below HPI
2000 31 MAY	£99,950	£108,247	8% below HPI

5 SPRINGFIELD TERRACE 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 5 SPRINGFIELD TERRACE sales between May 2000 and September 2004 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 December 2001 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the September 2004 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

What might 5 SPRINGFIELD TERRACE be worth now?

5 SPRINGFIELD TERRACE might now be worth an estimated £285,324.

This is based on house price inflation of 63%, between September 2004 and March 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 63% inflationary increase is applied to the most recent sale price for 5 SPRINGFIELD TERRACE of £175,000 on 28th September 2004. For the value to have increased from £175,000 to £285,324 over the 21 years and six months to March 2025, the following assumptions must hold true:

• The value of 5 SPRINGFIELD TERRACE has moved in line with the HPI for detached houses in the Torridge local authority area.
• The September 2004 sale price of £175,000 represented a fair market value for the property.
• The size, condition, and specification of 5 SPRINGFIELD TERRACE has not materially changed since September 2004.

How Large is 5 SPRINGFIELD TERRACE?

5 SPRINGFIELD TERRACE is 113m², which includes one extension, according to the EPC inspection conducted in March 2020. This puts it in the largest 50% of detached houses houses in Bideford, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bideford, and where 5 SPRINGFIELD TERRACE lies on this distribution: 55% of detached houses houses are smaller than 5 SPRINGFIELD TERRACE, and 44% of houses are larger. Note that EPC data is not available for all properties in Bideford.

5 SPRINGFIELD TERRACE: Plot and Title Map

5 SPRINGFIELD TERRACE sits on a plot of roughly 0.023 of an acre, or 92m². The below map shows the location of 5 SPRINGFIELD TERRACE, 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 SPRINGFIELD TERRACE). 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 SPRINGFIELD TERRACE?

5 SPRINGFIELD TERRACE is located in BIDEFORD, in the EX39 postcode district. The below map shows the position of No. 5 on SPRINGFIELD TERRACE.