THE FOSSILS, SANDYMERE ROAD, NORTHAM, BIDEFORD, EX39 1EZ - £265,000

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

THE FOSSILS is a very large extended detached house of 151m², built sometime between 1950 and 1966. It was last sold for £265,000 in July 2018, which was around 18% below the average July 2018 detached price in the Torridge local authority area. The most recent EPC inspection was March 2018, where the current energy rating was E, and the potential energy rating was C.

THE FOSSILS Sold Prices

Land registry data shows two sales for THE FOSSILS 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. One of the two THE FOSSILS sales was for below the average price, whilst the other was 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
2018 2 JUL	£265,000	£324,451	18% below HPI
1995 29 NOV	£85,000	£71,023	20% above HPI

THE FOSSILS 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 THE FOSSILS sales from November 1995 and July 2018 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 1995 sale was for 20% above the HPI. So the extrapolation line tracks at 20% above the HPI over time, until the July 2018 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is THE FOSSILS?

THE FOSSILS is 151m², which includes one extension, according to the EPC inspection conducted in March 2018. This puts it in the largest 20% 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 FOSSILS lies on this distribution: 81% of detached houses are smaller than THE FOSSILS, and 18% of houses are larger. Note that EPC data is not available for all properties in Northam.

THE FOSSILS: Plot and Title Map

THE FOSSILS sits on a plot of roughly 0.150 of an acre, or 609m². The below map shows the location of THE FOSSILS, 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 FOSSILS). 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 FOSSILS?

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