2, HOLYWELL COTTAGES, LAKENHAM HILL, NORTHAM, BIDEFORD, EX39 1JW - £307,000

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.

2 HOLYWELL COTTAGES is a very small extended semi-detached house of 72m², built sometime between 1900 and 1929, which could now be worth an estimated £343,069. It was last sold for £307,000 in September 2021, which was around 19% above the average September 2021 semi-detached price in the Torridge local authority area. The most recent EPC inspection was June 2012, where the current energy rating was D, and the potential energy rating was B.

2 HOLYWELL COTTAGES Sold Prices

Land registry data shows three sales for 2 HOLYWELL COTTAGES since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Torridge local authority area for the corresponding sale date. Two of the three 2 HOLYWELL COTTAGES 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
2021 23 SEP	£307,000	£257,588	19% above HPI
2013 22 OCT	£173,500	£180,454	4% below HPI
2012 9 NOV	£180,000	£175,650	2% above HPI

2 HOLYWELL COTTAGES Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Torridge local authority area over time, sourced from the HPI. The three 2 HOLYWELL COTTAGES sales between November 2012 and September 2021 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 2013 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the September 2021 sale, where it rises to 19% above the HPI. The line then continues to track at 19% above the HPI.

What might 2 HOLYWELL COTTAGES be worth now?

2 HOLYWELL COTTAGES might now be worth an estimated £343,069.

This is based on house price inflation of 11.7%, between September 2021 and February 2025, for semi-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 11.7% inflationary increase is applied to the most recent sale price for 2 HOLYWELL COTTAGES of £307,000 on 23rd September 2021. For the value to have increased from £307,000 to £343,069 over the four years and seven months to February 2025, the following assumptions must hold true:

• The value of 2 HOLYWELL COTTAGES has moved in line with the HPI for semi-detached houses in the Torridge local authority area.
• The September 2021 sale price of £307,000 represented a fair market value for the property.
• The size, condition, and specification of 2 HOLYWELL COTTAGES has not materially changed since September 2021.

How Large is 2 HOLYWELL COTTAGES?

2 HOLYWELL COTTAGES is 72m², which includes two extensions, according to the EPC inspection conducted in June 2012. This puts it in the smallest 20% of semi-detached houses houses in Northam, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Northam, and where 2 HOLYWELL COTTAGES lies on this distribution: 11% of semi-detached houses houses are smaller than 2 HOLYWELL COTTAGES, and 88% of houses are larger. Note that EPC data is not available for all properties in Northam.

2 HOLYWELL COTTAGES: Plot and Title Map

2 HOLYWELL COTTAGES sits on a plot of roughly 0.057 of an acre, or 231m². The below map shows the location of 2 HOLYWELL COTTAGES, 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 2 HOLYWELL COTTAGES). 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 2 HOLYWELL COTTAGES?

2 HOLYWELL COTTAGES is located on LAKENHAM HILL in NORTHAM, in the EX39 postcode district. The below map shows the position of 2 HOLYWELL COTTAGES on LAKENHAM HILL.