10 year property boom has caused massive regional prices differences...
The UK property industry has seen a huge and unmanageable boom in prices in the last 10 years. The differential in areas is still very wide, while some areas have sky rocketed others have stayed in a more 'normal' price bracket.
Bideford and the North Devon area being a holiday destination has seen certain locations become very desirable and have risen with other favoured hot spots.
Here is a great article highlighting the different prices in areas of the UK.