1, THE ELMS, MINES ROAD, BIDEFORD, EX39 4BA - £310,000

1 THE ELMS is a very large detached house of 154m², built sometime between 1996 and 2002. It was last sold for £310,000 in December 2011, which was around 15% above the average December 2011 detached price in the Torridge local authority area. The most recent EPC inspection was October 2010, where the current energy rating was D, and the potential energy rating was C.

1 THE ELMS Sold Prices

Land registry data shows four sales for 1 THE ELMS since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Torridge local authority area for the corresponding sale date. All of the four 1 THE ELMS 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
2011 15 DEC	£310,000	£270,550	15% above HPI
2006 8 AUG	£315,000	£260,877	21% above HPI
2004 29 OCT	£300,000	£253,746	18% above HPI
2002 15 AUG	£230,000	£171,826	34% above HPI

1 THE ELMS 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 four 1 THE ELMS sales between August 2002 and December 2011 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 2006 sale was for 21% above the HPI. So the extrapolation line tracks at 21% above the HPI over time, until the December 2011 sale, where it falls to 15% above the HPI. The line then continues to track at 15% above the HPI.

How Large is 1 THE ELMS?

1 THE ELMS is 154m² according to the EPC inspection conducted in October 2010. This puts it in the largest 20% of detached houses in Bideford, based on EPC data. The below chart shows the distribution of detached houses by size in Bideford, and where 1 THE ELMS lies on this distribution: 86% of detached houses are smaller than 1 THE ELMS, and 14% of houses are larger. Note that EPC data is not available for all properties in Bideford.

1 THE ELMS: Plot and Title Map

1 THE ELMS sits on a plot of roughly 0.219 of an acre, or 888m². The below map shows the location of 1 THE ELMS, 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 1 THE ELMS). 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 1 THE ELMS?

1 THE ELMS is located on MINES ROAD in BIDEFORD, in the EX39 postcode district. The below map shows the position of 1 THE ELMS on MINES ROAD.