CEDARWOOD, LAKENHAM HILL, NORTHAM, BIDEFORD, EX39 1JH - £420,000

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

CEDARWOOD is a large extended detached house of 126m², built sometime between 1967 and 1975. It was last sold for £420,000 in October 2023, which was around 1% below the average October 2023 detached price in the Torridge local authority area. The most recent EPC inspection was August 2022, where the current energy rating was D, and the potential energy rating was B.

CEDARWOOD Sold Prices

Land registry data shows four sales for CEDARWOOD 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. Most of the four CEDARWOOD 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
2023 27 OCT	£420,000	£423,815	1% below HPI
2011 30 JUN	£303,000	£247,646	22% above HPI
2010 26 FEB	£315,000	£265,548	19% above HPI
2002 20 FEB	£176,750	£141,044	25% above HPI

CEDARWOOD 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 CEDARWOOD sales between February 2002 and October 2023 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 June 2011 sale was for 22% above the HPI. So the extrapolation line tracks at 22% above the HPI over time, until the October 2023 sale, where it falls to 1% below the HPI. The line then continues to track at 1% below the HPI.

How Large is CEDARWOOD?

CEDARWOOD is 126m², which includes one extension, according to the EPC inspection conducted in August 2022. This puts it in the largest 40% of detached houses in Northam, based on EPC data. The below chart shows the distribution of detached houses by size in Northam, and where CEDARWOOD lies on this distribution: 67% of detached houses are smaller than CEDARWOOD, and 32% of houses are larger. Note that EPC data is not available for all properties in Northam.

CEDARWOOD: Plot and Title Map

CEDARWOOD sits on a plot of roughly 0.122 of an acre, or 496m². The below map shows the location of CEDARWOOD, 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 CEDARWOOD). 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 CEDARWOOD?

CEDARWOOD is located on LAKENHAM HILL in NORTHAM, in the EX39 postcode district. The below map shows the position of CEDARWOOD on LAKENHAM HILL.