ELMLEA, DURRANT LANE, NORTHAM, BIDEFORD, EX39 2RL - £480,000

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

ELMLEA is a very large extended detached house of 299m², built sometime before 1900. It was last sold for £480,000 in February 2013, which was around 89% above the average February 2013 detached price in the Torridge local authority area. The most recent EPC inspection was September 2015, where the current energy rating was D, and the potential energy rating was B.

ELMLEA Sold Prices

Land registry data shows two sales for ELMLEA 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 ELMLEA 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
2013 27 FEB	£480,000	£253,805	89% above HPI
2004 22 OCT	£495,000	£253,746	95% above HPI

ELMLEA 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 ELMLEA sales from October 2004 and February 2013 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 October 2004 sale was for 95% above the HPI. So the extrapolation line tracks at 95% above the HPI over time, until the February 2013 sale, where it falls to 89% above the HPI. The line then continues to track at 89% above the HPI.

How Large is ELMLEA?

ELMLEA is 299m², which includes one extension, according to the EPC inspection conducted in September 2015. This puts it in the largest 10% of detached houses in Northam, based on EPC data. The below chart shows the distribution of detached houses by size in Northam, and where ELMLEA lies on this distribution: 98% of detached houses are smaller than ELMLEA, and 2% of houses are larger. Note that EPC data is not available for all properties in Northam.

ELMLEA: Plot and Title Map

ELMLEA sits on a plot of roughly 0.350 of an acre, or 1,417m². The below map shows the location of ELMLEA, 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 ELMLEA). 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 ELMLEA?

ELMLEA is located on DURRANT LANE in NORTHAM, in the EX39 postcode district. The below map shows the position of ELMLEA on DURRANT LANE.