CEDARS, GLENGARTH CLOSE, NORTHAM, BIDEFORD, EX39 2RN - £345,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

CEDARS is a very large extended detached house of 181m², built sometime between 1950 and 1966, which could now be worth an estimated £542,962. It was last sold for £345,000 in March 2014, which was around 36% above the average March 2014 detached price in the Torridge local authority area. The most recent EPC inspection was October 2010, where the current energy rating was E, and the potential energy rating was D.

CEDARS Sold Prices

Land registry data shows four sales for CEDARS since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Torridge local authority area for the corresponding sale date. All of the four CEDARS 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
2014 14 MAR	£345,000	£253,789	36% above HPI
2002 16 AUG	£219,000	£167,541	31% above HPI
2002 22 FEB	£190,000	£137,526	38% above HPI
1996 18 JUL	£119,000	£74,475	60% above HPI

CEDARS 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 four CEDARS sales between July 1996 and March 2014 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 August 2002 sale was for 31% above the HPI. So the extrapolation line tracks at 31% above the HPI over time, until the March 2014 sale, where it rises to 36% above the HPI. The line then continues to track at 36% above the HPI.

What might CEDARS be worth now?

CEDARS might now be worth an estimated £542,962.

This is based on house price inflation of 57.4%, between March 2014 and December 2024, 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 57.4% inflationary increase is applied to the most recent sale price for CEDARS of £345,000 on 14th March 2014. For the value to have increased from £345,000 to £542,962 over the nine years and three months to December 2024, the following assumptions must hold true:

• The value of CEDARS has moved in line with the HPI for detached houses in the Torridge local authority area.
• The March 2014 sale price of £345,000 represented a fair market value for the property.
• The size, condition, and specification of CEDARS has not materially changed since March 2014.

How Large is CEDARS?

CEDARS is 181m², which includes one extension, according to the EPC inspection conducted in October 2010. This puts it in the largest 20% of detached houses houses in Northam, based on EPC data. The below chart shows the distribution of detached houses houses by size in Northam, and where CEDARS lies on this distribution: 90% of detached houses houses are smaller than CEDARS, and 10% of houses are larger. Note that EPC data is not available for all properties in Northam.

CEDARS: Plot and Title Map

CEDARS sits on a plot of roughly 0.362 of an acre, or 1,463m². The below map shows the location of CEDARS, 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 CEDARS). 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 CEDARS?

CEDARS is located on GLENGARTH CLOSE in NORTHAM, in the EX39 postcode district. The below map shows the position of CEDARS on GLENGARTH CLOSE.