BURNBANK, OLD BARNSTAPLE ROAD, BIDEFORD, EX39 4ND - £500,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

BURNBANK is a very large extended detached house of 216m², built sometime between 1983 and 1990. It was last sold for £500,000 in May 2022, which was around 22% above the average May 2022 detached price in the Torridge local authority area. The most recent EPC inspection was February 2022, where the current energy rating was C, and the potential energy rating was B.

BURNBANK Sold Prices

Land registry data shows two sales for BURNBANK 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 BURNBANK sales were for above 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
2022 27 MAY	£500,000	£410,092	22% above HPI
2008 7 FEB	£345,000	£293,259	18% above HPI

BURNBANK 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 BURNBANK sales from February 2008 and May 2022 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 February 2008 sale was for 18% above the HPI. So the extrapolation line tracks at 18% above the HPI over time, until the May 2022 sale, where it rises to 22% above the HPI. The line then continues to track at 22% above the HPI.

How Large is BURNBANK?

BURNBANK is 216m², which includes two extensions, according to the EPC inspection conducted in February 2022. This puts it in the largest 10% of detached houses in Bideford, based on EPC data. The below chart shows the distribution of detached houses by size in Bideford, and where BURNBANK lies on this distribution: 95% of detached houses are smaller than BURNBANK, and 4% of houses are larger. Note that EPC data is not available for all properties in Bideford.

BURNBANK: Plot and Title Map

BURNBANK sits on a plot of roughly 0.530 of an acre, or 2,145m². The below map shows the location of BURNBANK, 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 BURNBANK). 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 BURNBANK?

BURNBANK is located on OLD BARNSTAPLE ROAD in BIDEFORD, in the EX39 postcode district. The below map shows the position of BURNBANK on OLD BARNSTAPLE ROAD.