3, LOWER LONG CLOSE, COMBE MARTIN, ILFRACOMBE, EX34 0AX - £225,000

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 LOWER LONG CLOSE is a midsized extended detached house of 98m², built sometime between 1930 and 1949. It was last sold for £225,000 in March 2018, which was around 31% below the average March 2018 detached price in the North Devon local authority area. The most recent EPC inspection was November 2008, where the current energy rating was F, and the potential energy rating was D.

3 LOWER LONG CLOSE Sold Prices

Land registry data shows two sales for 3 LOWER LONG 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 3 LOWER LONG 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
2018 2 MAR	£225,000	£325,224	31% below HPI
2014 9 OCT	£184,000	£299,261	39% below HPI

3 LOWER LONG 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 3 LOWER LONG CLOSE sales from October 2014 and March 2018 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 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the March 2018 sale, where it rises to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is 3 LOWER LONG CLOSE?

3 LOWER LONG CLOSE is 98m², which includes two extensions, according to the EPC inspection conducted in November 2008. This puts it in the smallest 50% 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 LOWER LONG CLOSE lies on this distribution: 42% of detached houses are smaller than 3 LOWER LONG CLOSE, and 58% of houses are larger. Note that EPC data is not available for all properties in Combe Martin.

3 LOWER LONG CLOSE: Plot and Title Map

3 LOWER LONG CLOSE sits on a plot of roughly 0.286 of an acre, or 1,158m². The below map shows the location of 3 LOWER LONG 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 LOWER LONG 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 LOWER LONG CLOSE?

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