8, VIRGINIA CLOSE, BIDEFORD, EX39 5XW - £248,250

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.

8 VIRGINIA CLOSE is a large detached house of 125m², built sometime between 1996 and 2002, which could now be worth an estimated £380,839. It was last sold for £248,250 in October 2011, which was around 6% below the average October 2011 detached price in the Torridge local authority area. The most recent EPC inspection was August 2011, where the current energy rating was D, and the potential energy rating was C.

8 VIRGINIA CLOSE Sold Prices

Land registry data shows five sales for 8 VIRGINIA CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Torridge local authority area for the corresponding sale date. Most of the five 8 VIRGINIA CLOSE 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
2011 7 OCT	£248,250	£262,838	6% below HPI
2006 23 NOV	£100,000	£266,434	62% below HPI
2006 11 MAY	£260,000	£249,594	4% above HPI
2003 26 SEP	£204,500	£207,958	2% below HPI
2001 21 SEP	£149,500	£142,559	5% above HPI

8 VIRGINIA CLOSE 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 five 8 VIRGINIA CLOSE sales between September 2001 and October 2011 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 November 2006 sale was for 62% below the HPI. So the extrapolation line tracks at 62% below the HPI over time, until the October 2011 sale, where it rises to 6% below the HPI. The line then continues to track at 6% below the HPI.

What might 8 VIRGINIA CLOSE be worth now?

8 VIRGINIA CLOSE might now be worth an estimated £380,839.

This is based on house price inflation of 53.4%, between October 2011 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 53.4% inflationary increase is applied to the most recent sale price for 8 VIRGINIA CLOSE of £248,250 on 7th October 2011. For the value to have increased from £248,250 to £380,839 over the fourteen years and eight months to February 2025, the following assumptions must hold true:

• The value of 8 VIRGINIA CLOSE has moved in line with the HPI for detached houses in the Torridge local authority area.
• The October 2011 sale price of £248,250 represented a fair market value for the property.
• The size, condition, and specification of 8 VIRGINIA CLOSE has not materially changed since October 2011.

How Large is 8 VIRGINIA CLOSE?

8 VIRGINIA CLOSE is 125m² according to the EPC inspection conducted in August 2011. This puts it in the largest 40% 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 8 VIRGINIA CLOSE lies on this distribution: 69% of detached houses houses are smaller than 8 VIRGINIA CLOSE, and 31% of houses are larger. Note that EPC data is not available for all properties in Bideford.

8 VIRGINIA CLOSE: Plot and Title Map

8 VIRGINIA CLOSE sits on a plot of roughly 0.105 of an acre, or 423m². The below map shows the location of 8 VIRGINIA CLOSE, 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 8 VIRGINIA CLOSE). 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 8 VIRGINIA CLOSE?

8 VIRGINIA CLOSE is located in BIDEFORD, in the EX39 postcode district. The below map shows the position of No. 8 on VIRGINIA CLOSE.