SEAFIELD, LAKENHAM HILL, NORTHAM, BIDEFORD, EX39 1JH - £337,500

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.

SEAFIELD is a midsized detached house of 112m², built sometime between 1930 and 1949, which could now be worth an estimated £435,237. It was last sold for £337,500 in June 2018, which was around 8% above the average June 2018 detached price in the Torridge local authority area. The most recent EPC inspection was October 2013, where the current energy rating was F, and the potential energy rating was D.

SEAFIELD Sold Prices

Land registry data shows three sales for SEAFIELD 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. Two of the three SEAFIELD sales were for above the average price, whilst one 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
2018 15 JUN	£337,500	£312,671	8% above HPI
2014 24 JUL	£280,000	£264,590	6% above HPI
2003 4 AUG	£195,000	£196,636	1% below HPI

SEAFIELD 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 SEAFIELD sales between August 2003 and June 2018 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 2014 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the June 2018 sale, where it rises to 8% above the HPI. The line then continues to track at 8% above the HPI.

What might SEAFIELD be worth now?

SEAFIELD might now be worth an estimated £435,237.

This is based on house price inflation of 29%, between June 2018 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 29% inflationary increase is applied to the most recent sale price for SEAFIELD of £337,500 on 15th June 2018. For the value to have increased from £337,500 to £435,237 over the seven years and four months to February 2025, the following assumptions must hold true:

• The value of SEAFIELD has moved in line with the HPI for detached houses in the Torridge local authority area.
• The June 2018 sale price of £337,500 represented a fair market value for the property.
• The size, condition, and specification of SEAFIELD has not materially changed since June 2018.

How Large is SEAFIELD?

SEAFIELD is 112m² according to the EPC inspection conducted in October 2013. This puts it in the largest 50% 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 SEAFIELD lies on this distribution: 56% of detached houses houses are smaller than SEAFIELD, and 43% of houses are larger. Note that EPC data is not available for all properties in Northam.

SEAFIELD: Plot and Title Map

SEAFIELD sits on a plot of roughly 0.093 of an acre, or 376m². The below map shows the location of SEAFIELD, 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 SEAFIELD). 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 SEAFIELD?

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