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

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 WOOD LEA is a very small detached house of 74m², built in 2022, which could now be worth an estimated £252,224. It was last sold for £257,000 in January 2024, which was around 37% 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	£410,853	37% below HPI
2022 8 APR	£240,000	£403,060	40% 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 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the January 2024 sale, where it rises to 37% below the HPI. The line then continues to track at 37% below the HPI.

What might 5 WOOD LEA be worth now?

5 WOOD LEA might now be worth an estimated £252,224.

This is based on house price deflation of 1.9%, between January 2024 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 1.9% deflationary decrease is applied to the most recent sale price for 5 WOOD LEA of £257,000 on 18th January 2024. For the value to have decreased from £257,000 to £252,224 over the eleven months to February 2025, the following assumptions must hold true:

• The value of 5 WOOD LEA has moved in line with the HPI for detached houses in the Torridge local authority area.
• The January 2024 sale price of £257,000 represented a fair market value for the property.
• The size, condition, and specification of 5 WOOD LEA has not materially changed since January 2024.

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 houses in Parkham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Parkham, and where 5 WOOD LEA lies on this distribution: 5% of detached houses 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.