1, MARLBOROUGH CLOSE, ILFRACOMBE, EX34 9LR - £262,012

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.

1 MARLBOROUGH CLOSE is a very small extended detached house of 67m², built sometime between 1967 and 1975, which could now be worth an estimated £296,750. It was last sold for £262,012 in October 2020, which was around 33% below the average October 2020 detached price in the North Devon local authority area. The most recent EPC inspection was July 2020, where the current energy rating was E, and the potential energy rating was B.

1 MARLBOROUGH CLOSE Sold Prices

Land registry data shows two sales for 1 MARLBOROUGH 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 North Devon local authority area for the corresponding sale date. Both of the two 1 MARLBOROUGH 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
2020 23 OCT	£262,012	£393,030	33% below HPI
2002 31 MAY	£129,500	£170,621	24% below HPI

1 MARLBOROUGH CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the North Devon local authority area over time, sourced from the HPI. The two 1 MARLBOROUGH CLOSE sales from May 2002 and October 2020 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 May 2002 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the October 2020 sale, where it falls to 33% below the HPI. The line then continues to track at 33% below the HPI.

What might 1 MARLBOROUGH CLOSE be worth now?

1 MARLBOROUGH CLOSE might now be worth an estimated £296,750.

This is based on house price inflation of 13.3%, between October 2020 and February 2025, for detached houses, in the North Devon local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 13.3% inflationary increase is applied to the most recent sale price for 1 MARLBOROUGH CLOSE of £262,012 on 23rd October 2020. For the value to have increased from £262,012 to £296,750 over the five years and eight months to February 2025, the following assumptions must hold true:

• The value of 1 MARLBOROUGH CLOSE has moved in line with the HPI for detached houses in the North Devon local authority area.
• The October 2020 sale price of £262,012 represented a fair market value for the property.
• The size, condition, and specification of 1 MARLBOROUGH CLOSE has not materially changed since October 2020.

How Large is 1 MARLBOROUGH CLOSE?

1 MARLBOROUGH CLOSE is 67m², which includes one extension, according to the EPC inspection conducted in July 2020. This puts it in the smallest 20% of detached houses houses in Ilfracombe, based on EPC data. The below chart shows the distribution of detached houses houses by size in Ilfracombe, and where 1 MARLBOROUGH CLOSE lies on this distribution: 12% of detached houses houses are smaller than 1 MARLBOROUGH CLOSE, and 88% of houses are larger. Note that EPC data is not available for all properties in Ilfracombe.

1 MARLBOROUGH CLOSE: Plot and Title Map

1 MARLBOROUGH CLOSE sits on a plot of roughly 0.101 of an acre, or 407m². The below map shows the location of 1 MARLBOROUGH 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 1 MARLBOROUGH 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 1 MARLBOROUGH CLOSE?

1 MARLBOROUGH CLOSE is located in ILFRACOMBE, in the EX34 postcode district. The below map shows the position of No. 1 on MARLBOROUGH CLOSE.