THE FIRS, NEW ROAD, BIDEFORD, EX39 5JG - £395,500

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 FIRS is a large detached house of 139m², built sometime between 1983 and 1990. It was last sold for £395,500 in February 2021, which was around 13% above the average February 2021 detached price in the Torridge local authority area. The most recent EPC inspection was December 2019, where the current energy rating was D, and the potential energy rating was B.

THE FIRS Sold Prices

Land registry data shows four sales for THE FIRS since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Torridge local authority area for the corresponding sale date. All of the four THE FIRS 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
2021 8 FEB	£395,500	£349,901	13% above HPI
2008 28 NOV	£320,000	£258,242	24% above HPI
2006 30 AUG	£350,000	£260,877	34% above HPI
2001 14 AUG	£170,000	£135,724	25% above HPI

THE FIRS 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 four THE FIRS sales between August 2001 and February 2021 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 November 2008 sale was for 24% above the HPI. So the extrapolation line tracks at 24% above the HPI over time, until the February 2021 sale, where it falls to 13% above the HPI. The line then continues to track at 13% above the HPI.

How Large is THE FIRS?

THE FIRS is 139m² according to the EPC inspection conducted in December 2019. This puts it in the largest 20% of detached houses in Bideford, based on EPC data. The below chart shows the distribution of detached houses by size in Bideford, and where THE FIRS lies on this distribution: 80% of detached houses are smaller than THE FIRS, and 20% of houses are larger. Note that EPC data is not available for all properties in Bideford.

THE FIRS: Plot and Title Map

THE FIRS sits on a plot of roughly 0.393 of an acre, or 1,591m². The below map shows the location of THE FIRS, 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 FIRS). 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 FIRS?

THE FIRS is located on NEW ROAD in BIDEFORD, in the EX39 postcode district. The below map shows the position of THE FIRS on NEW ROAD.