THE WILLOWS, OXMANS LANE, NORTHAM, BIDEFORD, EX39 1DZ - £523,000

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 WILLOWS is a very large extended detached house of 174m², built sometime between 1930 and 1949. It was last sold for £523,000 in July 2019, which was around 59% above the average July 2019 detached price in the Torridge local authority area. The most recent EPC inspection was November 2012, where the current energy rating was E, and the potential energy rating was C.

THE WILLOWS Sold Prices

Land registry data shows two sales for THE WILLOWS 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 WILLOWS 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
2019 5 JUL	£523,000	£328,318	59% above HPI
2013 9 APR	£325,000	£250,403	30% above HPI

THE WILLOWS 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 WILLOWS sales from April 2013 and July 2019 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 April 2013 sale was for 30% above the HPI. So the extrapolation line tracks at 30% above the HPI over time, until the July 2019 sale, where it rises to 59% above the HPI. The line then continues to track at 59% above the HPI.

How Large is THE WILLOWS?

THE WILLOWS is 174m², which includes two extensions, according to the EPC inspection conducted in November 2012. 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 WILLOWS lies on this distribution: 88% of detached houses are smaller than THE WILLOWS, and 12% of houses are larger. Note that EPC data is not available for all properties in Northam.

THE WILLOWS: Plot and Title Map

THE WILLOWS sits on a plot of roughly 0.320 of an acre, or 1,293m². The below map shows the location of THE WILLOWS, 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 WILLOWS). 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 WILLOWS?

THE WILLOWS is located on OXMANS LANE in NORTHAM, in the EX39 postcode district. The below map shows the position of THE WILLOWS on OXMANS LANE.