FIRST MORETON LODGE, MORETON DRIVE, BIDEFORD, EX39 3AS - £295,000

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

FIRST MORETON LODGE is a small extended detached house of 97m², built sometime before 1900. It was last sold for £295,000 in May 2021, which was around 17% below the average May 2021 detached price in the Torridge local authority area. The most recent EPC inspection was August 2020, where the current energy rating was D, and the potential energy rating was C.

FIRST MORETON LODGE Sold Prices

Land registry data shows two sales for FIRST MORETON LODGE 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 FIRST MORETON LODGE sales were for below 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
2021 17 MAY	£295,000	£356,503	17% below HPI
2008 27 JUN	£178,000	£268,052	34% below HPI

FIRST MORETON LODGE 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 FIRST MORETON LODGE sales from June 2008 and May 2021 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 2008 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the May 2021 sale, where it rises to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is FIRST MORETON LODGE?

FIRST MORETON LODGE is 97m², which includes two extensions, according to the EPC inspection conducted in August 2020. This puts it in the smallest 40% of detached houses in Bideford, based on EPC data. The below chart shows the distribution of detached houses by size in Bideford, and where FIRST MORETON LODGE lies on this distribution: 37% of detached houses are smaller than FIRST MORETON LODGE, and 62% of houses are larger. Note that EPC data is not available for all properties in Bideford.

FIRST MORETON LODGE: Plot and Title Map

FIRST MORETON LODGE sits on a plot of roughly 0.162 of an acre, or 654m². The below map shows the location of FIRST MORETON LODGE, 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 FIRST MORETON LODGE). 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 FIRST MORETON LODGE?

FIRST MORETON LODGE is located on MORETON DRIVE in BIDEFORD, in the EX39 postcode district. The below map shows the position of FIRST MORETON LODGE on MORETON DRIVE.