THE BEACON, CHOPE ROAD, NORTHAM, BIDEFORD, EX39 3QE - £454,900

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

THE BEACON is a large detached house of 142m², built sometime between 2003 and 2006. It was last sold for £454,900 in December 2013, which was around 70% above the average December 2013 detached price in the Torridge local authority area. The most recent EPC inspection was September 2010, where the current energy rating was C, and the potential energy rating was C.

THE BEACON Sold Prices

Land registry data shows three sales for THE BEACON 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. All of the three THE BEACON 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
2013 3 DEC	£454,900	£267,943	70% above HPI
2011 25 FEB	£457,000	£246,673	85% above HPI
2005 18 MAR	£349,500	£236,294	48% above HPI

THE BEACON 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 THE BEACON sales between March 2005 and December 2013 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 February 2011 sale was for 85% above the HPI. So the extrapolation line tracks at 85% above the HPI over time, until the December 2013 sale, where it falls to 70% above the HPI. The line then continues to track at 70% above the HPI.

How Large is THE BEACON?

THE BEACON is 142m² according to the EPC inspection conducted in September 2010. This puts it in the largest 30% of detached houses in Northam, based on EPC data. The below chart shows the distribution of detached houses by size in Northam, and where THE BEACON lies on this distribution: 78% of detached houses are smaller than THE BEACON, and 22% of houses are larger. Note that EPC data is not available for all properties in Northam.

THE BEACON: Plot and Title Map

THE BEACON sits on a plot of roughly 0.152 of an acre, or 616m². The below map shows the location of THE BEACON, 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 THE BEACON). 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 THE BEACON?

THE BEACON is located on CHOPE ROAD in NORTHAM, in the EX39 postcode district. The below map shows the position of THE BEACON on CHOPE ROAD.