THE LAURELS, LIMERS LANE, NORTHAM, BIDEFORD, EX39 2RG - £685,000

THE LAURELS is a very large detached house of 178m², built sometime between 1983 and 1990. It was last sold for £685,000 in October 2022, which was around 55% above the average October 2022 detached price in the Torridge local authority area. The most recent EPC inspection was August 2022, where the current energy rating was D, and the potential energy rating was C.

THE LAURELS Sold Prices

Land registry data shows four sales for THE LAURELS 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 THE LAURELS 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
2022 14 OCT	£685,000	£442,403	55% above HPI
2014 22 OCT	£495,000	£282,943	75% above HPI
2007 24 AUG	£445,000	£279,522	59% above HPI
2005 15 SEP	£330,000	£256,209	29% above HPI

THE LAURELS 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 THE LAURELS sales between September 2005 and October 2022 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 2014 sale was for 75% above the HPI. So the extrapolation line tracks at 75% above the HPI over time, until the October 2022 sale, where it falls to 55% above the HPI. The line then continues to track at 55% above the HPI.

How Large is THE LAURELS?

THE LAURELS is 178m² according to the EPC inspection conducted in August 2022. This puts it in the largest 20% of detached houses in Northam, based on EPC data. The below chart shows the distribution of detached houses by size in Northam, and where THE LAURELS lies on this distribution: 89% of detached houses are smaller than THE LAURELS, and 11% of houses are larger. Note that EPC data is not available for all properties in Northam.

THE LAURELS: Plot and Title Map

THE LAURELS sits on a plot of roughly 0.381 of an acre, or 1,544m². The below map shows the location of THE LAURELS, 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 THE LAURELS). 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 THE LAURELS?

THE LAURELS is located on LIMERS LANE in NORTHAM, in the EX39 postcode district. The below map shows the position of THE LAURELS on LIMERS LANE.