TWO SHIPS, GLEN GARDENS, BIDEFORD, EX39 3PH - £288,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

TWO SHIPS is a large detached house of 122m², built sometime between 1950 and 1966, which could now be worth an estimated £456,527. It was last sold for £288,000 in August 2006, which was around 13% above the average August 2006 detached price in the Torridge local authority area. The most recent EPC inspection was February 2013, where the current energy rating was D, and the potential energy rating was C.

TWO SHIPS Sold Prices

Land registry data shows two sales for TWO SHIPS 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 TWO SHIPS 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
2006 15 AUG	£288,000	£254,370	13% above HPI
1999 11 AUG	£130,000	£94,228	38% above HPI

TWO SHIPS 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 TWO SHIPS sales from August 1999 and August 2006 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 August 1999 sale was for 38% above the HPI. So the extrapolation line tracks at 38% above the HPI over time, until the August 2006 sale, where it falls to 13% above the HPI. The line then continues to track at 13% above the HPI.

What might TWO SHIPS be worth now?

TWO SHIPS might now be worth an estimated £456,527.

This is based on house price inflation of 58.5%, between August 2006 and February 2025, for detached houses, in the Torridge local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 58.5% inflationary increase is applied to the most recent sale price for TWO SHIPS of £288,000 on 15th August 2006. For the value to have increased from £288,000 to £456,527 over the nineteen years and six months to February 2025, the following assumptions must hold true:

• The value of TWO SHIPS has moved in line with the HPI for detached houses in the Torridge local authority area.
• The August 2006 sale price of £288,000 represented a fair market value for the property.
• The size, condition, and specification of TWO SHIPS has not materially changed since August 2006.

How Large is TWO SHIPS?

TWO SHIPS is 122m² according to the EPC inspection conducted in February 2013. This puts it in the largest 40% of detached houses houses in Bideford, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bideford, and where TWO SHIPS lies on this distribution: 66% of detached houses houses are smaller than TWO SHIPS, and 33% of houses are larger. Note that EPC data is not available for all properties in Bideford.

TWO SHIPS: Plot and Title Map

TWO SHIPS sits on a plot of roughly 0.226 of an acre, or 913m². The below map shows the location of TWO SHIPS, 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 TWO SHIPS). 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 TWO SHIPS?

TWO SHIPS is located on GLEN GARDENS in BIDEFORD, in the EX39 postcode district. The below map shows the position of TWO SHIPS on GLEN GARDENS.