8, FERN WAY, ILFRACOMBE, EX34 8JS - £262,500

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

8 FERN WAY is a small extended detached house of 84m², built sometime between 1976 and 1982. It was last sold for £262,500 in August 2023, which was around 42% below the average August 2023 detached price in the North Devon local authority area. The most recent EPC inspection was April 2023, where the current energy rating was D, and the potential energy rating was B.

8 FERN WAY Sold Prices

Land registry data shows two sales for 8 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 8 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
2023 4 AUG	£262,500	£452,458	42% below HPI
1995 21 JUL	£65,000	£77,310	16% below HPI

8 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 8 FERN WAY sales from July 1995 and August 2023 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 1995 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the August 2023 sale, where it falls to 42% below the HPI. The line then continues to track at 42% below the HPI.

How Large is 8 FERN WAY?

8 FERN WAY is 84m², which includes one extension, according to the EPC inspection conducted in April 2023. This puts it in the smallest 30% of detached houses in Ilfracombe, based on EPC data. The below chart shows the distribution of detached houses by size in Ilfracombe, and where 8 FERN WAY lies on this distribution: 30% of detached houses are smaller than 8 FERN WAY, and 69% of houses are larger. Note that EPC data is not available for all properties in Ilfracombe.

8 FERN WAY: Plot and Title Map

8 FERN WAY sits on a plot of roughly 0.184 of an acre, or 744m². The below map shows the location of 8 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 8 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 8 FERN WAY?

8 FERN WAY is located in ILFRACOMBE, in the EX34 postcode district. The below map shows the position of No. 8 on FERN WAY.