THE POSTING HOUSE, HONEY STREET, NORTHAM, BIDEFORD, EX39 1DL - £406,000

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 POSTING HOUSE is a very large detached house of 186m², built sometime before 1900. It was last sold for £406,000 in December 2022, which was around 12% below the average December 2022 detached price in the Torridge local authority area. The most recent EPC inspection was June 2020, where the current energy rating was E, and the potential energy rating was D.

THE POSTING HOUSE Sold Prices

Land registry data shows two sales for THE POSTING HOUSE 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 THE POSTING HOUSE sales were 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
2022 1 DEC	£406,000	£459,367	12% below HPI
1995 31 MAY	£56,000	£71,679	22% below HPI

THE POSTING HOUSE 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 POSTING HOUSE sales from May 1995 and December 2022 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 1995 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the December 2022 sale, where it rises to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is THE POSTING HOUSE?

THE POSTING HOUSE is 186m² according to the EPC inspection conducted in June 2020. This puts it in the largest 10% 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 POSTING HOUSE lies on this distribution: 91% of detached houses are smaller than THE POSTING HOUSE, and 9% of houses are larger. Note that EPC data is not available for all properties in Northam.

THE POSTING HOUSE: Plot and Title Map

THE POSTING HOUSE sits on a plot of roughly 0.108 of an acre, or 438m². The below map shows the location of THE POSTING HOUSE, 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 POSTING HOUSE). 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 POSTING HOUSE?

THE POSTING HOUSE is located on HONEY STREET in NORTHAM, in the EX39 postcode district. The below map shows the position of THE POSTING HOUSE on HONEY STREET.