5, WOOD LEA, PARKHAM, BIDEFORD, EX39 5FF - £257,000

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 WOOD LEA is a very small detached house of 74m², built in 2022. It was last sold for £257,000 in January 2024, which was around 40% below the average January 2024 detached price in the Torridge local authority area. The most recent EPC inspection was March 2022, where the current energy rating was B, and the potential energy rating was A.

5 WOOD LEA Sold Prices

Land registry data shows two sales for 5 WOOD LEA 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 WOOD LEA 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
2024 18 JAN	£257,000	£429,113	40% below HPI
2022 8 APR	£240,000	£413,370	42% below HPI

5 WOOD LEA 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 WOOD LEA sales from April 2022 and January 2024 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 April 2022 sale was for 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the January 2024 sale, where it rises to 40% below the HPI. The line then continues to track at 40% below the HPI.

How Large is 5 WOOD LEA?

5 WOOD LEA is 74m² according to the EPC inspection conducted in March 2022. This puts it in the smallest 10% of detached houses in Parkham, based on EPC data. The below chart shows the distribution of detached houses by size in Parkham, and where 5 WOOD LEA lies on this distribution: 5% of detached houses are smaller than 5 WOOD LEA, and 95% of houses are larger. Note that EPC data is not available for all properties in Parkham.

5 WOOD LEA: Plot and Title Map

5 WOOD LEA sits on a plot of roughly 0.058 of an acre, or 235m². The below map shows the location of 5 WOOD LEA, 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 WOOD LEA). 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 WOOD LEA?

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