3, DRAPERS CLOSE, COMBE MARTIN, ILFRACOMBE, EX34 0PP - £335,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

3 DRAPERS CLOSE is a small detached house of 80m², built sometime between 1983 and 1990. It was last sold for £335,000 in September 2021, which was around 12% below the average September 2021 detached price in the North Devon local authority area. The most recent EPC inspection was December 2016, where the current energy rating was C, and the potential energy rating was B.

3 DRAPERS CLOSE Sold Prices

Land registry data shows three sales for 3 DRAPERS CLOSE 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. All of the three 3 DRAPERS 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
2021 22 SEP	£335,000	£380,211	12% below HPI
1999 2 JUL	£84,950	£102,906	17% below HPI
1997 12 DEC	£77,500	£91,266	15% below HPI

3 DRAPERS 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 three 3 DRAPERS CLOSE sales between December 1997 and September 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 July 1999 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the September 2021 sale, where it rises to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is 3 DRAPERS CLOSE?

3 DRAPERS CLOSE is 80m² according to the EPC inspection conducted in December 2016. This puts it in the smallest 30% of detached houses in Combe Martin, based on EPC data. The below chart shows the distribution of detached houses by size in Combe Martin, and where 3 DRAPERS CLOSE lies on this distribution: 21% of detached houses are smaller than 3 DRAPERS CLOSE, and 78% of houses are larger. Note that EPC data is not available for all properties in Combe Martin.

3 DRAPERS CLOSE: Plot and Title Map

3 DRAPERS CLOSE sits on a plot of roughly 0.057 of an acre, or 230m². The below map shows the location of 3 DRAPERS 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 3 DRAPERS 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 3 DRAPERS CLOSE?

3 DRAPERS CLOSE is located in COMBE MARTIN, in the EX34 postcode district. The below map shows the position of No. 3 on DRAPERS CLOSE.