62, FERN WAY, ILFRACOMBE, EX34 8JS - £228,000

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

62 FERN WAY is a very small detached house of 72m², built sometime between 1967 and 1975. It was last sold for £228,000 in May 2014, which was around 20% below the average May 2014 detached price in the North Devon local authority area. The most recent EPC inspection was February 2013, where the current energy rating was D, and the potential energy rating was B.

62 FERN WAY Sold Prices

Land registry data shows two sales for 62 FERN WAY 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 62 FERN WAY 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
2014 28 MAY	£228,000	£284,912	20% below HPI
2013 7 AUG	£158,000	£262,608	40% below HPI

62 FERN WAY 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 62 FERN WAY sales from August 2013 and May 2014 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 2013 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the May 2014 sale, where it rises to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 62 FERN WAY?

62 FERN WAY is 72m² according to the EPC inspection conducted in February 2013. This puts it in the smallest 20% of detached houses in Ilfracombe, based on EPC data. The below chart shows the distribution of detached houses by size in Ilfracombe, and where 62 FERN WAY lies on this distribution: 18% of detached houses are smaller than 62 FERN WAY, and 82% of houses are larger. Note that EPC data is not available for all properties in Ilfracombe.

62 FERN WAY: Plot and Title Map

62 FERN WAY sits on a plot of roughly 0.118 of an acre, or 476m². The below map shows the location of 62 FERN WAY, 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 62 FERN WAY). 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 62 FERN WAY?

62 FERN WAY is located in ILFRACOMBE, in the EX34 postcode district. The below map shows the position of No. 62 on FERN WAY.