TARKA, WEARE GIFFARD, BIDEFORD, EX39 4QR - £295,500

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.

TARKA is a very small detached house of 90m², built sometime between 1967 and 1975, which could now be worth an estimated £405,395. It was last sold for £295,500 in September 2016, which was around 1% above the average September 2016 detached price in the Torridge local authority area. The most recent EPC inspection was October 2014, where the current energy rating was D, and the potential energy rating was B.

TARKA Sold Prices

Land registry data shows two sales for TARKA 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 TARKA 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
2016 20 SEP	£295,500	£293,913	1% above HPI
2008 16 MAY	£275,000	£263,164	4% above HPI

TARKA 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 TARKA sales from May 2008 and September 2016 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 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the September 2016 sale, where it falls to 1% above the HPI. The line then continues to track at 1% above the HPI.

What might TARKA be worth now?

TARKA might now be worth an estimated £405,395.

This is based on house price inflation of 37.2%, between September 2016 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 37.2% inflationary increase is applied to the most recent sale price for TARKA of £295,500 on 20th September 2016. For the value to have increased from £295,500 to £405,395 over the nine years and seven months to February 2025, the following assumptions must hold true:

• The value of TARKA has moved in line with the HPI for detached houses in the Torridge local authority area.
• The September 2016 sale price of £295,500 represented a fair market value for the property.
• The size, condition, and specification of TARKA has not materially changed since September 2016.

How Large is TARKA?

TARKA is 90m² according to the EPC inspection conducted in October 2014. This puts it in the smallest 10% of detached houses houses in Weare Giffard, based on EPC data. The below chart shows the distribution of detached houses houses by size in Weare Giffard, and where TARKA lies on this distribution: 3% of detached houses houses are smaller than TARKA, and 97% of houses are larger. Note that EPC data is not available for all properties in Weare Giffard.

TARKA: Plot and Title Map

TARKA sits on a plot of roughly 0.393 of an acre, or 1,592m². The below map shows the location of TARKA, 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 TARKA). 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 TARKA?

TARKA is located in WEARE GIFFARD, in the EX39 postcode district. The below map shows the position of TARKA in WEARE GIFFARD.