ELMSTEAD, RALEIGH HILL, BIDEFORD, EX39 3NX - £510,000

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

ELMSTEAD is a very large extended detached house of 195m², built sometime between 1930 and 1949, which could now be worth an estimated £624,410. It was last sold for £510,000 in November 2019, which was around 56% above the average November 2019 detached price in the Torridge local authority area. The most recent EPC inspection was March 2019, where the current energy rating was C, and the potential energy rating was B.

ELMSTEAD Sold Prices

Land registry data shows three sales for ELMSTEAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Torridge local authority area for the corresponding sale date. All of the three ELMSTEAD 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
2019 14 NOV	£510,000	£326,230	56% above HPI
2007 19 OCT	£340,000	£276,243	23% above HPI
2000 15 MAR	£120,000	£105,412	14% above HPI

ELMSTEAD 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 three ELMSTEAD sales between March 2000 and November 2019 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 2007 sale was for 23% above the HPI. So the extrapolation line tracks at 23% above the HPI over time, until the November 2019 sale, where it rises to 56% above the HPI. The line then continues to track at 56% above the HPI.

What might ELMSTEAD be worth now?

ELMSTEAD might now be worth an estimated £624,410.

This is based on house price inflation of 22.4%, between November 2019 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 22.4% inflationary increase is applied to the most recent sale price for ELMSTEAD of £510,000 on 14th November 2019. For the value to have increased from £510,000 to £624,410 over the four years and eleven months to December 2024, the following assumptions must hold true:

• The value of ELMSTEAD has moved in line with the HPI for detached houses in the Torridge local authority area.
• The November 2019 sale price of £510,000 represented a fair market value for the property.
• The size, condition, and specification of ELMSTEAD has not materially changed since November 2019.

How Large is ELMSTEAD?

ELMSTEAD is 195m², which includes one extension, according to the EPC inspection conducted in March 2019. 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 ELMSTEAD lies on this distribution: 94% of detached houses houses are smaller than ELMSTEAD, and 6% of houses are larger. Note that EPC data is not available for all properties in Bideford.

ELMSTEAD: Plot and Title Map

ELMSTEAD sits on a plot of roughly 0.330 of an acre, or 1,337m². The below map shows the location of ELMSTEAD, 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 ELMSTEAD). 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 ELMSTEAD?

ELMSTEAD is located on RALEIGH HILL in BIDEFORD, in the EX39 postcode district. The below map shows the position of ELMSTEAD on RALEIGH HILL.