LAKENHAM REST, LAKENHAM HILL, NORTHAM, BIDEFORD, EX39 1JH - £485,000

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

LAKENHAM REST is a large detached house of 120m², built sometime between 1950 and 1966. It was last sold for £485,000 in January 2022, which was around 18% above the average January 2022 detached price in the Torridge local authority area. The most recent EPC inspection was July 2021, where the current energy rating was D, and the potential energy rating was C.

LAKENHAM REST Sold Prices

Land registry data shows four sales for LAKENHAM REST 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. Most of the four LAKENHAM REST 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 31 JAN	£485,000	£412,199	18% above HPI
2010 29 OCT	£285,000	£265,786	7% above HPI
2007 31 AUG	£315,000	£279,522	13% above HPI
2005 2 FEB	£236,000	£237,675	1% below HPI

LAKENHAM REST 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 LAKENHAM REST sales between February 2005 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 October 2010 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the January 2022 sale, where it rises to 18% above the HPI. The line then continues to track at 18% above the HPI.

How Large is LAKENHAM REST?

LAKENHAM REST is 120m² according to the EPC inspection conducted in July 2021. This puts it in the largest 40% of detached houses in Northam, based on EPC data. The below chart shows the distribution of detached houses by size in Northam, and where LAKENHAM REST lies on this distribution: 63% of detached houses are smaller than LAKENHAM REST, and 37% of houses are larger. Note that EPC data is not available for all properties in Northam.

LAKENHAM REST: Plot and Title Map

LAKENHAM REST sits on a plot of roughly 0.102 of an acre, or 414m². The below map shows the location of LAKENHAM REST, 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 LAKENHAM REST). 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 LAKENHAM REST?

LAKENHAM REST is located on LAKENHAM HILL in NORTHAM, in the EX39 postcode district. The below map shows the position of LAKENHAM REST on LAKENHAM HILL.