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

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

LE HAMEL is a small extended detached house of 90m², built sometime between 1991 and 1995. It was last sold for £340,000 in September 2022, which was around 24% 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	£449,027	24% below HPI
2018 22 JUN	£265,000	£320,669	17% below HPI
1999 16 APR	£80,000	£91,921	13% 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 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the September 2022 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

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 in Northam, based on EPC data. The below chart shows the distribution of detached houses by size in Northam, and where LE HAMEL lies on this distribution: 32% of detached 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.