SPINDRIFT, CHURCHILL WAY, APPLEDORE, BIDEFORD, EX39 1PA - £270,000

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.

SPINDRIFT is a small extended detached house of 93m², built sometime between 1967 and 1975, which could now be worth an estimated £324,575. It was last sold for £270,000 in February 2019, which was around 17% below the average February 2019 detached price in the Torridge local authority area. The most recent EPC inspection was September 2018, where the current energy rating was D, and the potential energy rating was B.

SPINDRIFT Sold Prices

Land registry data shows two sales for SPINDRIFT since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Torridge local authority area for the corresponding sale date. Both of the two SPINDRIFT sales were 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
2019 22 FEB	£270,000	£325,032	17% below HPI
2009 23 FEB	£200,000	£233,907	14% below HPI

SPINDRIFT 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 two SPINDRIFT sales from February 2009 and February 2019 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 February 2009 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the February 2019 sale, where it falls to 17% below the HPI. The line then continues to track at 17% below the HPI.

What might SPINDRIFT be worth now?

SPINDRIFT might now be worth an estimated £324,575.

This is based on house price inflation of 20.2%, between February 2019 and June 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 20.2% inflationary increase is applied to the most recent sale price for SPINDRIFT of £270,000 on 22nd February 2019. For the value to have increased from £270,000 to £324,575 over the five years and eight months to June 2025, the following assumptions must hold true:

• The value of SPINDRIFT has moved in line with the HPI for detached houses in the Torridge local authority area.
• The February 2019 sale price of £270,000 represented a fair market value for the property.
• The size, condition, and specification of SPINDRIFT has not materially changed since February 2019.

How Large is SPINDRIFT?

SPINDRIFT is 93m², which includes one extension, according to the EPC inspection conducted in September 2018. This puts it in the smallest 40% of detached houses houses in Appledore, based on EPC data. The below chart shows the distribution of detached houses houses by size in Appledore, and where SPINDRIFT lies on this distribution: 32% of detached houses houses are smaller than SPINDRIFT, and 68% of houses are larger. Note that EPC data is not available for all properties in Appledore.

SPINDRIFT: Plot and Title Map

SPINDRIFT sits on a plot of roughly 0.145 of an acre, or 586m². The below map shows the location of SPINDRIFT, 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 SPINDRIFT). 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 SPINDRIFT?

SPINDRIFT is located on CHURCHILL WAY in APPLEDORE, in the EX39 postcode district. The below map shows the position of SPINDRIFT on CHURCHILL WAY.