LE HAMEL, DURRANT LANE, NORTHAM, BIDEFORD, EX39 2RL - £340,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

LE HAMEL is a small extended detached house of 90m², built sometime between 1991 and 1995, which could now be worth an estimated £313,123. It was last sold for £340,000 in September 2022, which was around 22% below the average September 2022 detached price in the Torridge local authority area. The most recent EPC inspection was August 2017, where the current energy rating was D, and the potential energy rating was B.

LE HAMEL Sold Prices

Land registry data shows three sales for LE HAMEL 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. All of the three LE HAMEL sales 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
2022 6 SEP	£340,000	£437,828	22% below HPI
2018 22 JUN	£265,000	£312,671	15% below HPI
1999 16 APR	£80,000	£89,628	11% below HPI

LE HAMEL 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 LE HAMEL sales between April 1999 and September 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 June 2018 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the September 2022 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

What might LE HAMEL be worth now?

LE HAMEL might now be worth an estimated £313,123.

This is based on house price deflation of 7.9%, between September 2022 and February 2025, 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 7.9% deflationary decrease is applied to the most recent sale price for LE HAMEL of £340,000 on 6th September 2022. For the value to have decreased from £340,000 to £313,123 over the three years and seven months to February 2025, the following assumptions must hold true:

• The value of LE HAMEL has moved in line with the HPI for detached houses in the Torridge local authority area.
• The September 2022 sale price of £340,000 represented a fair market value for the property.
• The size, condition, and specification of LE HAMEL has not materially changed since September 2022.

How Large is LE HAMEL?

LE HAMEL is 90m², which includes one extension, according to the EPC inspection conducted in August 2017. This puts it in the smallest 40% of detached houses houses in Northam, based on EPC data. The below chart shows the distribution of detached houses houses by size in Northam, and where LE HAMEL lies on this distribution: 32% of detached houses houses are smaller than LE HAMEL, and 67% of houses are larger. Note that EPC data is not available for all properties in Northam.

LE HAMEL: Plot and Title Map

LE HAMEL sits on a plot of roughly 0.128 of an acre, or 520m². The below map shows the location of LE HAMEL, 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 LE HAMEL). 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 LE HAMEL?

LE HAMEL is located on DURRANT LANE in NORTHAM, in the EX39 postcode district. The below map shows the position of LE HAMEL on DURRANT LANE.