THE SMITHY, WOOLSERY, BIDEFORD, EX39 5QS - £160,000

THE SMITHY is a large extended detached house of 106m², built sometime between 1976 and 1982. It was last sold for £160,000 in April 2018, which was around 50% below the average April 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 B.

THE SMITHY Sold Prices

Land registry data shows three sales for THE SMITHY 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 SMITHY 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
2018 27 APR	£160,000	£319,507	50% below HPI
2003 12 JUN	£112,000	£190,933	41% below HPI
2001 16 NOV	£83,500	£147,088	43% below HPI

THE SMITHY 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 SMITHY sales between November 2001 and April 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 June 2003 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the April 2018 sale, where it falls to 50% below the HPI. The line then continues to track at 50% below the HPI.

How Large is THE SMITHY?

THE SMITHY is 106m², which includes one extension, according to the EPC inspection conducted in March 2018. This puts it in the largest 30% of detached houses in Woolfardisworthy, based on EPC data. The below chart shows the distribution of detached houses by size in Woolfardisworthy, and where THE SMITHY lies on this distribution: 68% of detached houses are smaller than THE SMITHY, and 29% of houses are larger. Note that EPC data is not available for all properties in Woolfardisworthy.

THE SMITHY: Plot and Title Map

THE SMITHY sits on a plot of roughly 0.023 of an acre, or 92m². The below map shows the location of THE SMITHY, 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 SMITHY). 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 SMITHY?

THE SMITHY is located in WOOLSERY, in the EX39 postcode district. The below map shows the position of THE SMITHY in WOOLSERY.