SOUTHMEAD, HALWILL JUNCTION, BEAWORTHY, EX21 5UB - £290,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

SOUTHMEAD is a large extended detached house of 108m², built sometime between 1983 and 1990. It was last sold for £290,000 in March 2014, which was around 14% above the average March 2014 detached price in the Torridge local authority area. The most recent EPC inspection was March 2014, where the current energy rating was D, and the potential energy rating was B.

SOUTHMEAD Sold Prices

Land registry data shows three sales for SOUTHMEAD 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 SOUTHMEAD 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
2014 10 MAR	£290,000	£253,789	14% above HPI
2008 14 MAY	£335,000	£263,164	27% above HPI
2005 18 APR	£220,000	£229,615	4% below HPI

SOUTHMEAD 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 SOUTHMEAD sales between April 2005 and March 2014 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 May 2008 sale was for 27% above the HPI. So the extrapolation line tracks at 27% above the HPI over time, until the March 2014 sale, where it falls to 14% above the HPI. The line then continues to track at 14% above the HPI.

What might SOUTHMEAD be worth now?

SOUTHMEAD might now be worth an estimated £456,403.

This is based on house price inflation of 57.4%, between March 2014 and December 2024, 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 57.4% inflationary increase is applied to the most recent sale price for SOUTHMEAD of £290,000 on 10th March 2014. For the value to have increased from £290,000 to £456,403 over the nine years and three months to December 2024, the following assumptions must hold true:

• The value of SOUTHMEAD has moved in line with the HPI for detached houses in the Torridge local authority area.
• The March 2014 sale price of £290,000 represented a fair market value for the property.
• The size, condition, and specification of SOUTHMEAD has not materially changed since March 2014.

How Large is SOUTHMEAD?

SOUTHMEAD is 108m², which includes one extension, according to the EPC inspection conducted in March 2014. This puts it in the largest 40% of detached houses houses in Halwill Junction, based on EPC data. The below chart shows the distribution of detached houses houses by size in Halwill Junction, and where SOUTHMEAD lies on this distribution: 66% of detached houses houses are smaller than SOUTHMEAD, and 33% of houses are larger. Note that EPC data is not available for all properties in Halwill Junction.

SOUTHMEAD: Plot and Title Map

SOUTHMEAD sits on a plot of roughly 1.3 acres, or 5,339m². The below map shows the location of SOUTHMEAD, 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 SOUTHMEAD). 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 SOUTHMEAD?

SOUTHMEAD is located in HALWILL JUNCTION, in the EX21 postcode district. The below map shows the position of SOUTHMEAD in HALWILL JUNCTION.