3, SHORT CLOSE, BIDEFORD, EX39 3QL - £38,000

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.

3 SHORT CLOSE is a very small terraced house of 75m², built sometime between 1983 and 1990, which could now be worth an estimated £130,948. It was last sold for £38,000 in April 2001, which was around 36% below the average April 2001 terraced price in the Torridge local authority area. The most recent EPC inspection was August 2022, where the current energy rating was C, and the potential energy rating was B.

3 SHORT CLOSE Sold Prices

Land registry data shows two sales for 3 SHORT CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Torridge local authority area for the corresponding sale date. One of the two 3 SHORT CLOSE sales was for below the average price, whilst the other was 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
2001 23 APR	£38,000	£59,259	36% below HPI
1995 27 MAR	£51,000	£36,039	42% above HPI

3 SHORT CLOSE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Torridge local authority area over time, sourced from the HPI. The two 3 SHORT CLOSE sales from March 1995 and April 2001 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 March 1995 sale was for 42% above the HPI. So the extrapolation line tracks at 42% above the HPI over time, until the April 2001 sale, where it falls to 36% below the HPI. The line then continues to track at 36% below the HPI.

What might 3 SHORT CLOSE be worth now?

3 SHORT CLOSE might now be worth an estimated £130,948.

This is based on house price inflation of 244.6%, between April 2001 and April 2026, for terraced 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 244.6% inflationary increase is applied to the most recent sale price for 3 SHORT CLOSE of £38,000 on 23rd April 2001. For the value to have increased from £38,000 to £130,948 over the 25 years to April 2026, the following assumptions must hold true:

• The value of 3 SHORT CLOSE has moved in line with the HPI for terraced houses in the Torridge local authority area.
• The April 2001 sale price of £38,000 represented a fair market value for the property.
• The size, condition, and specification of 3 SHORT CLOSE has not materially changed since April 2001.

How Large is 3 SHORT CLOSE?

3 SHORT CLOSE is 75m² according to the EPC inspection conducted in August 2022. This puts it in the smallest 20% of terraced houses houses in Bideford, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Bideford, and where 3 SHORT CLOSE lies on this distribution: 14% of terraced houses houses are smaller than 3 SHORT CLOSE, and 85% of houses are larger. Note that EPC data is not available for all properties in Bideford.

3 SHORT CLOSE: Plot and Title Map

3 SHORT CLOSE sits on a plot of roughly 0.046 of an acre, or 185m². The below map shows the location of 3 SHORT CLOSE, 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 3 SHORT CLOSE). 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 3 SHORT CLOSE?

3 SHORT CLOSE is located in BIDEFORD, in the EX39 postcode district. The below map shows the position of No. 3 on SHORT CLOSE.