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
7 BAILEY MEWS is a small detached house of 98m². It was last sold for £290,000 in February 2021, which was around 17% below the average February 2021 detached price in the Torridge local authority area. The most recent EPC inspection was February 2017, where the current energy rating was B, and the potential energy rating was A.
Land registry data shows two sales for 7 BAILEY MEWS since 1st 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 7 BAILEY MEWS 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 26 FEB | £290,000 | £349,901 | 17% below HPI |
2017 10 MAR | £259,995 | £298,774 | 13% below HPI |
The below graph shows the average detached house price in the Torridge local authority area over time, sourced from the HPI. The two 7 BAILEY MEWS sales from March 2017 and February 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 March 2017 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the February 2021 sale, where it falls to 17% below the HPI. The line then continues to track at 17% below the HPI.
7 BAILEY MEWS is 98m² according to the EPC inspection conducted in February 2017. This puts it in the smallest 40% of detached houses in Bideford, based on EPC data. The below chart shows the distribution of detached houses by size in Bideford, and where 7 BAILEY MEWS lies on this distribution: 39% of detached houses are smaller than 7 BAILEY MEWS, and 59% of houses are larger. Note that EPC data is not available for all properties in Bideford.
7 BAILEY MEWS sits on a plot of roughly 0.073 of an acre, or 294m². The below map shows the location of 7 BAILEY MEWS, 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 7 BAILEY MEWS). 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.
7 BAILEY MEWS is located in BIDEFORD, in the EX39 postcode district. The below map shows the position of No. 7 on BAILEY MEWS.