2, SHORT CLOSE, BIDEFORD, EX39 3QL - £116,000

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 SHORT CLOSE is a detached house, which could now be worth an estimated £234,356. It was last sold for £116,000 in May 2003, which was around 38% below the average May 2003 detached price in the Torridge local authority area.

2 SHORT CLOSE Sold Prices

Land registry data shows two sales for 2 SHORT CLOSE 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 2 SHORT CLOSE 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
2003 9 MAY	£116,000	£186,566	38% below HPI
2000 7 NOV	£60,000	£123,219	51% below HPI

What might 2 SHORT CLOSE be worth now?

2 SHORT CLOSE might now be worth an estimated £234,356.

This is based on house price inflation of 102%, between May 2003 and May 2026, 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 102% inflationary increase is applied to the most recent sale price for 2 SHORT CLOSE of £116,000 on 9th May 2003. For the value to have increased from £116,000 to £234,356 over the 23 years to May 2026, the following assumptions must hold true:

• The value of 2 SHORT CLOSE has moved in line with the HPI for detached houses in the Torridge local authority area.
• The May 2003 sale price of £116,000 represented a fair market value for the property.
• The size, condition, and specification of 2 SHORT CLOSE has not materially changed since May 2003.

Where is 2 SHORT CLOSE?

2 SHORT CLOSE is located in BIDEFORD, in the EX39 postcode district.