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

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.

1 THE ELMS is a very large detached house of 154m², built sometime between 1996 and 2002, which could now be worth an estimated £473,831. It was last sold for £310,000 in December 2011, which was around 18% 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	£263,802	18% above HPI
2006 8 AUG	£315,000	£254,370	24% above HPI
2004 29 OCT	£300,000	£247,418	21% above HPI
2002 15 AUG	£230,000	£167,541	37% 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 24% above the HPI. So the extrapolation line tracks at 24% above the HPI over time, until the December 2011 sale, where it falls to 18% above the HPI. The line then continues to track at 18% above the HPI.

What might 1 THE ELMS be worth now?

1 THE ELMS might now be worth an estimated £473,831.

This is based on house price inflation of 52.8%, between December 2011 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 52.8% inflationary increase is applied to the most recent sale price for 1 THE ELMS of £310,000 on 15th December 2011. For the value to have increased from £310,000 to £473,831 over the fourteen years and ten months to February 2025, the following assumptions must hold true:

• The value of 1 THE ELMS has moved in line with the HPI for detached houses in the Torridge local authority area.
• The December 2011 sale price of £310,000 represented a fair market value for the property.
• The size, condition, and specification of 1 THE ELMS has not materially changed since December 2011.

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 houses in Bideford, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bideford, and where 1 THE ELMS lies on this distribution: 86% of detached houses 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.