LIME TREE COTTAGE, LIMERS LANE, NORTHAM, BIDEFORD, EX39 2RG - £160,000

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

LIME TREE COTTAGE is a very large detached house of 159m², built sometime between 1983 and 1990. It was last sold for £160,000 in May 1999, which was around 74% above the average May 1999 detached price in the Torridge local authority area. The most recent EPC inspection was March 2024, where the current energy rating was D, and the potential energy rating was C.

LIME TREE COTTAGE Sold Prices

Land registry data shows two sales for LIME TREE COTTAGE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Torridge local authority area for the corresponding sale date. One of the two LIME TREE COTTAGE sales was for above the average price, whilst the other was 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
1999 24 MAY	£160,000	£92,116	74% above HPI
1996 8 OCT	£40,000	£71,414	44% below HPI

LIME TREE COTTAGE 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 two LIME TREE COTTAGE sales from October 1996 and May 1999 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 1996 sale was for 44% below the HPI. So the extrapolation line tracks at 44% below the HPI over time, until the May 1999 sale, where it rises to 74% above the HPI. The line then continues to track at 74% above the HPI.

How Large is LIME TREE COTTAGE?

LIME TREE COTTAGE is 159m² according to the EPC inspection conducted in March 2024. This puts it in the largest 20% of detached houses in Northam, based on EPC data. The below chart shows the distribution of detached houses by size in Northam, and where LIME TREE COTTAGE lies on this distribution: 84% of detached houses are smaller than LIME TREE COTTAGE, and 16% of houses are larger. Note that EPC data is not available for all properties in Northam.

LIME TREE COTTAGE: Plot and Title Map

LIME TREE COTTAGE sits on a plot of roughly 0.236 of an acre, or 956m². The below map shows the location of LIME TREE COTTAGE, 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 LIME TREE COTTAGE). 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 LIME TREE COTTAGE?

LIME TREE COTTAGE is located on LIMERS LANE in NORTHAM, in the EX39 postcode district. The below map shows the position of LIME TREE COTTAGE on LIMERS LANE.