TOWER HOUSE, ORCHARD HILL, BIDEFORD, EX39 2RA - £425,000

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

TOWER HOUSE is a very large extended detached house of 259m², built sometime between 2003 and 2006. It was last sold for £425,000 in February 2014, which was around 62% above the average February 2014 detached price in the Torridge local authority area. The most recent EPC inspection was June 2011, where the current energy rating was D, and the potential energy rating was D.

TOWER HOUSE Sold Prices

Land registry data shows two sales for TOWER 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. One of the two TOWER HOUSE sales was for above the average price, whilst the other was roughly equal to 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
2014 7 FEB	£425,000	£261,631	62% above HPI
1997 18 NOV	£86,000	£85,875	Close to HPI

TOWER 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 TOWER HOUSE sales from November 1997 and February 2014 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 1997 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the February 2014 sale, where it rises to 62% above the HPI. The line then continues to track at 62% above the HPI.

How Large is TOWER HOUSE?

TOWER HOUSE is 259m², which includes four extensions, according to the EPC inspection conducted in June 2011. This puts it in the largest 10% of detached houses in Bideford, based on EPC data. The below chart shows the distribution of detached houses by size in Bideford, and where TOWER HOUSE lies on this distribution: 98% of detached houses are smaller than TOWER HOUSE, and 2% of houses are larger. Note that EPC data is not available for all properties in Bideford.

TOWER HOUSE: Plot and Title Map

TOWER HOUSE sits on a plot of roughly 0.171 of an acre, or 692m². The below map shows the location of TOWER 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 TOWER 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 TOWER HOUSE?

TOWER HOUSE is located on ORCHARD HILL in BIDEFORD, in the EX39 postcode district. The below map shows the position of TOWER HOUSE on ORCHARD HILL.