GREENLANDS, NEW ROAD, INSTOW, BIDEFORD, EX39 4LN - £525,000

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

GREENLANDS is a large extended detached house of 178m², built sometime between 1976 and 1982. It was last sold for £525,000 in January 2017, which was around 67% above the average January 2017 detached price in the North Devon local authority area. The most recent EPC inspection was July 2016, where the current energy rating was D, and the potential energy rating was C.

GREENLANDS Sold Prices

Land registry data shows three sales for GREENLANDS since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the North Devon local authority area for the corresponding sale date. All of the three GREENLANDS 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
2017 27 JAN	£525,000	£313,745	67% above HPI
2008 30 OCT	£499,000	£262,319	90% above HPI
1998 7 OCT	£225,000	£96,925	132% above HPI

GREENLANDS 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 three GREENLANDS sales between October 1998 and January 2017 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 2008 sale was for 90% above the HPI. So the extrapolation line tracks at 90% above the HPI over time, until the January 2017 sale, where it falls to 67% above the HPI. The line then continues to track at 67% above the HPI.

How Large is GREENLANDS?

GREENLANDS is 178m², which includes three extensions, according to the EPC inspection conducted in July 2016. This puts it in the largest 40% of detached houses in Instow, based on EPC data. The below chart shows the distribution of detached houses by size in Instow, and where GREENLANDS lies on this distribution: 68% of detached houses are smaller than GREENLANDS, and 32% of houses are larger. Note that EPC data is not available for all properties in Instow.

GREENLANDS: Plot and Title Map

GREENLANDS sits on a plot of roughly 0.178 of an acre, or 719m². The below map shows the location of GREENLANDS, 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 GREENLANDS). 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 GREENLANDS?

GREENLANDS is located on NEW ROAD in INSTOW, in the EX39 postcode district. The below map shows the position of GREENLANDS on NEW ROAD.