SOUTHBANK HOUSE, NORTHDOWN ROAD, BIDEFORD, EX39 3LT - £850,000

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

SOUTHBANK HOUSE is a very large extended detached house of 250m², built sometime before 1900. It was last sold for £850,000 in May 2023, which was around 97% above the average May 2023 detached price in the Torridge local authority area. The most recent EPC inspection was July 2022, where the current energy rating was E, and the potential energy rating was C.

SOUTHBANK HOUSE Sold Prices

Land registry data shows two sales for SOUTHBANK HOUSE 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. Both of the two SOUTHBANK HOUSE sales were for above 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
2023 31 MAY	£850,000	£430,467	97% above HPI
2001 11 JUL	£267,500	£132,912	101% above HPI

SOUTHBANK HOUSE 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 SOUTHBANK HOUSE sales from July 2001 and May 2023 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 2001 sale was for 101% above the HPI. So the extrapolation line tracks at 101% above the HPI over time, until the May 2023 sale, where it falls to 97% above the HPI. The line then continues to track at 97% above the HPI.

How Large is SOUTHBANK HOUSE?

SOUTHBANK HOUSE is 250m², which includes two extensions, according to the EPC inspection conducted in July 2022. This puts it in the largest 10% of detached houses in Bideford, based on EPC data. The below chart shows the distribution of detached houses by size in Bideford, and where SOUTHBANK HOUSE lies on this distribution: 98% of detached houses are smaller than SOUTHBANK HOUSE, and 2% of houses are larger. Note that EPC data is not available for all properties in Bideford.

SOUTHBANK HOUSE: Plot and Title Map

SOUTHBANK HOUSE sits on a plot of roughly 0.274 of an acre, or 1,110m². The below map shows the location of SOUTHBANK HOUSE, 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 SOUTHBANK HOUSE). 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 SOUTHBANK HOUSE?

SOUTHBANK HOUSE is located on NORTHDOWN ROAD in BIDEFORD, in the EX39 postcode district. The below map shows the position of SOUTHBANK HOUSE on NORTHDOWN ROAD.