FOLLY HOUSE, RALEIGH HILL, BIDEFORD, EX39 3NX - £930,000

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

FOLLY HOUSE is a very large extended detached house of 340m², built sometime between 1900 and 1929, which could now be worth an estimated £924,206. It was last sold for £930,000 in January 2022, which was around 131% above the average January 2022 detached price in the Torridge local authority area. The most recent EPC inspection was June 2015, where the current energy rating was D, and the potential energy rating was C.

FOLLY HOUSE Sold Prices

Land registry data shows four sales for FOLLY HOUSE 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. All of the four FOLLY HOUSE 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
2022 26 JAN	£930,000	£401,918	131% above HPI
2018 4 MAY	£550,000	£319,816	72% above HPI
2009 20 AUG	£640,000	£242,438	164% above HPI
2003 5 SEP	£450,000	£207,958	116% above HPI

FOLLY HOUSE 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 FOLLY HOUSE sales between September 2003 and January 2022 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 May 2018 sale was for 72% above the HPI. So the extrapolation line tracks at 72% above the HPI over time, until the January 2022 sale, where it rises to 131% above the HPI. The line then continues to track at 131% above the HPI.

What might FOLLY HOUSE be worth now?

FOLLY HOUSE might now be worth an estimated £924,206.

This is based on house price deflation of 0.6%, between January 2022 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 0.6% deflationary decrease is applied to the most recent sale price for FOLLY HOUSE of £930,000 on 26th January 2022. For the value to have decreased from £930,000 to £924,206 over the one year and one month to December 2024, the following assumptions must hold true:

• The value of FOLLY HOUSE has moved in line with the HPI for detached houses in the Torridge local authority area.
• The January 2022 sale price of £930,000 represented a fair market value for the property.
• The size, condition, and specification of FOLLY HOUSE has not materially changed since January 2022.

How Large is FOLLY HOUSE?

FOLLY HOUSE is 340m², which includes one extension, according to the EPC inspection conducted in June 2015. 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 FOLLY HOUSE lies on this distribution: 99% of detached houses houses are smaller than FOLLY HOUSE, and 1% of houses are larger. Note that EPC data is not available for all properties in Bideford.

FOLLY HOUSE: Plot and Title Map

FOLLY HOUSE sits on a plot of roughly 0.704 of an acre, or 2,849m². The below map shows the location of FOLLY HOUSE, 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 FOLLY HOUSE). 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 FOLLY HOUSE?

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