1, THE FERNERY, HIGHER SLADE ROAD, ILFRACOMBE, EX34 8LH - £669,500

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 THE FERNERY is a very large detached house of 246m², built sometime between 2007 and 2011, which could now be worth an estimated £777,513. It was last sold for £669,500 in April 2021, which was around 75% above the average April 2021 detached price in the North Devon local authority area. The most recent EPC inspection was August 2021, where the current energy rating was A, and the potential energy rating was A.

1 THE FERNERY Sold Prices

Land registry data shows three sales for 1 THE FERNERY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the North Devon local authority area for the corresponding sale date. Two of the three 1 THE FERNERY sales were for above the average price, whilst one was 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
2021 15 APR	£669,500	£383,300	75% above HPI
2009 27 AUG	£439,000	£263,457	67% above HPI
1997 24 FEB	£77,750	£80,401	3% below HPI

1 THE FERNERY 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 three 1 THE FERNERY sales between February 1997 and April 2021 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 August 2009 sale was for 67% above the HPI. So the extrapolation line tracks at 67% above the HPI over time, until the April 2021 sale, where it rises to 75% above the HPI. The line then continues to track at 75% above the HPI.

What might 1 THE FERNERY be worth now?

1 THE FERNERY might now be worth an estimated £777,513.

This is based on house price inflation of 16.1%, between April 2021 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 16.1% inflationary increase is applied to the most recent sale price for 1 THE FERNERY of £669,500 on 15th April 2021. For the value to have increased from £669,500 to £777,513 over the four years and two months to February 2025, the following assumptions must hold true:

• The value of 1 THE FERNERY has moved in line with the HPI for detached houses in the North Devon local authority area.
• The April 2021 sale price of £669,500 represented a fair market value for the property.
• The size, condition, and specification of 1 THE FERNERY has not materially changed since April 2021.

How Large is 1 THE FERNERY?

1 THE FERNERY is 246m² according to the EPC inspection conducted in August 2021. This puts it in the largest 10% 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 THE FERNERY lies on this distribution: 95% of detached houses houses are smaller than 1 THE FERNERY, and 5% of houses are larger. Note that EPC data is not available for all properties in Ilfracombe.

1 THE FERNERY: Plot and Title Map

1 THE FERNERY sits on a plot of roughly 0.216 of an acre, or 874m². The below map shows the location of 1 THE FERNERY, 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 THE FERNERY). 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 THE FERNERY?

1 THE FERNERY is located on HIGHER SLADE ROAD in ILFRACOMBE, in the EX34 postcode district. The below map shows the position of 1 THE FERNERY on HIGHER SLADE ROAD.