GORSE HILL, INSTOW, BIDEFORD, EX39 4LX - £800,000

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

GORSE HILL is a very large extended detached house of 224m², built sometime between 1950 and 1966. It was last sold for £800,000 in May 2013, which was around 199% above the average May 2013 detached price in the North Devon local authority area. The most recent EPC inspection was October 2022, where the current energy rating was E, and the potential energy rating was C.

GORSE HILL Sold Prices

Land registry data shows two sales for GORSE HILL since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the North Devon local authority area for the corresponding sale date. Both of the two GORSE HILL 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 22 MAY	£800,000	£267,186	199% above HPI
2003 18 JUL	£390,000	£210,573	85% above HPI

GORSE HILL Price Paid vs. HPI Average

The below graph shows the average detached house price in the North Devon local authority area over time, sourced from the HPI. The two GORSE HILL sales from July 2003 and May 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 July 2003 sale was for 85% above the HPI. So the extrapolation line tracks at 85% above the HPI over time, until the May 2013 sale, where it rises to 199% above the HPI. The line then continues to track at 199% above the HPI.

How Large is GORSE HILL?

GORSE HILL is 224m², which includes two extensions, according to the EPC inspection conducted in October 2022. This puts it in the largest 20% of detached houses in Instow, based on EPC data. The below chart shows the distribution of detached houses by size in Instow, and where GORSE HILL lies on this distribution: 86% of detached houses are smaller than GORSE HILL, and 14% of houses are larger. Note that EPC data is not available for all properties in Instow.

GORSE HILL: Plot and Title Map

GORSE HILL sits on a plot of roughly 0.709 of an acre, or 2,870m². The below map shows the location of GORSE HILL, 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 GORSE HILL). 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 GORSE HILL?

GORSE HILL is located in INSTOW, in the EX39 postcode district. The below map shows the position of GORSE HILL in INSTOW.