WATERSMEET, NEW ROAD, BIDEFORD, EX39 5JG - £475,000

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.

WATERSMEET is a very large detached house of 149m², built sometime from 2007 onwards, which could now be worth an estimated £463,720. It was last sold for £475,000 in October 2023, which was around 15% above the average October 2023 detached price in the Torridge local authority area. The most recent EPC inspection was August 2013, where the current energy rating was C, and the potential energy rating was B.

WATERSMEET Sold Prices

Land registry data shows three sales for WATERSMEET 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. Two of the three WATERSMEET sales were for above the average price, whilst one was 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
2023 16 OCT	£475,000	£413,026	15% above HPI
2019 4 OCT	£340,000	£328,085	4% above HPI
2013 31 OCT	£249,950	£260,596	4% below HPI

WATERSMEET 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 WATERSMEET sales between October 2013 and October 2023 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 October 2019 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the October 2023 sale, where it rises to 15% above the HPI. The line then continues to track at 15% above the HPI.

What might WATERSMEET be worth now?

WATERSMEET might now be worth an estimated £463,720.

This is based on house price deflation of 2.4%, between October 2023 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 2.4% deflationary decrease is applied to the most recent sale price for WATERSMEET of £475,000 on 16th October 2023. For the value to have decreased from £475,000 to £463,720 over the two years and eight months to February 2025, the following assumptions must hold true:

• The value of WATERSMEET has moved in line with the HPI for detached houses in the Torridge local authority area.
• The October 2023 sale price of £475,000 represented a fair market value for the property.
• The size, condition, and specification of WATERSMEET has not materially changed since October 2023.

How Large is WATERSMEET?

WATERSMEET is 149m² according to the EPC inspection conducted in August 2013. This puts it in the largest 20% 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 WATERSMEET lies on this distribution: 85% of detached houses houses are smaller than WATERSMEET, and 15% of houses are larger. Note that EPC data is not available for all properties in Bideford.

WATERSMEET: Plot and Title Map

WATERSMEET sits on a plot of roughly 0.139 of an acre, or 564m². The below map shows the location of WATERSMEET, 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 WATERSMEET). 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 WATERSMEET?

WATERSMEET is located on NEW ROAD in BIDEFORD, in the EX39 postcode district. The below map shows the position of WATERSMEET on NEW ROAD.