LAKENHAM RYSE, LAKENHAM HILL, NORTHAM, BIDEFORD, EX39 1JH - £415,000

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 RYSE is a large extended detached house of 134m², built sometime between 1930 and 1949. It was last sold for £415,000 in October 2016, which was around 41% above the average October 2016 detached price in the Torridge local authority area. The most recent EPC inspection was June 2016, where the current energy rating was D, and the potential energy rating was B.

LAKENHAM RYSE Sold Prices

Land registry data shows three sales for LAKENHAM RYSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Torridge local authority area for the corresponding sale date. One of the three LAKENHAM RYSE sales was for above the average price, whilst two 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
2016 19 OCT	£415,000	£294,534	41% above HPI
2013 11 JUL	£225,000	£259,045	13% below HPI
2007 31 MAY	£125,000	£255,090	51% below HPI

LAKENHAM RYSE 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 three LAKENHAM RYSE sales between May 2007 and October 2016 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 2013 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the October 2016 sale, where it rises to 41% above the HPI. The line then continues to track at 41% above the HPI.

How Large is LAKENHAM RYSE?

LAKENHAM RYSE is 134m², which includes three extensions, according to the EPC inspection conducted in June 2016. This puts it in the largest 30% 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 RYSE lies on this distribution: 74% of detached houses are smaller than LAKENHAM RYSE, and 26% of houses are larger. Note that EPC data is not available for all properties in Northam.

LAKENHAM RYSE: Plot and Title Map

LAKENHAM RYSE sits on a plot of roughly 0.101 of an acre, or 407m². The below map shows the location of LAKENHAM RYSE, 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 RYSE). 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 RYSE?

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