CHAPEL PARK, MINES ROAD, BIDEFORD, EX39 4PJ - £362,000

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.

CHAPEL PARK is a very large extended detached house of 280m², built sometime before 1900, which could now be worth an estimated £485,668. It was last sold for £362,000 in September 2015, which was around 24% above the average September 2015 detached price in the Torridge local authority area. The most recent EPC inspection was September 2014, where the current energy rating was F, and the potential energy rating was D.

CHAPEL PARK Sold Prices

Land registry data shows two sales for CHAPEL PARK 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 CHAPEL PARK 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
2015 11 SEP	£362,000	£292,198	24% above HPI
2010 19 APR	£450,000	£254,180	77% above HPI

CHAPEL PARK 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 CHAPEL PARK sales from April 2010 and September 2015 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 April 2010 sale was for 77% above the HPI. So the extrapolation line tracks at 77% above the HPI over time, until the September 2015 sale, where it falls to 24% above the HPI. The line then continues to track at 24% above the HPI.

What might CHAPEL PARK be worth now?

CHAPEL PARK might now be worth an estimated £485,668.

This is based on house price inflation of 34.2%, between September 2015 and March 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 34.2% inflationary increase is applied to the most recent sale price for CHAPEL PARK of £362,000 on 11th September 2015. For the value to have increased from £362,000 to £485,668 over the ten years and six months to March 2025, the following assumptions must hold true:

• The value of CHAPEL PARK has moved in line with the HPI for detached houses in the Torridge local authority area.
• The September 2015 sale price of £362,000 represented a fair market value for the property.
• The size, condition, and specification of CHAPEL PARK has not materially changed since September 2015.

How Large is CHAPEL PARK?

CHAPEL PARK is 280m², which includes two extensions, according to the EPC inspection conducted in September 2014. This puts it in the largest 10% 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 CHAPEL PARK lies on this distribution: 98% of detached houses houses are smaller than CHAPEL PARK, and 1% of houses are larger. Note that EPC data is not available for all properties in Bideford.

CHAPEL PARK: Plot and Title Map

CHAPEL PARK sits on a plot of roughly 0.600 of an acre, or 2,430m². The below map shows the location of CHAPEL PARK, 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 CHAPEL PARK). 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 CHAPEL PARK?

CHAPEL PARK is located on MINES ROAD in BIDEFORD, in the EX39 postcode district. The below map shows the position of CHAPEL PARK on MINES ROAD.