8, TARKA LANE, WOOLACOMBE, EX34 7AT - £305,000

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.

8 TARKA LANE is a small detached house of 107m², which could now be worth an estimated £406,701. It was last sold for £305,000 in July 2017, which was around 9% below the average July 2017 detached price in the North Devon local authority area. The most recent EPC inspection was July 2012, where the current energy rating was B, and the potential energy rating was B.

8 TARKA LANE Sold Prices

Land registry data shows three sales for 8 TARKA LANE 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 8 TARKA LANE 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
2017 14 JUL	£305,000	£333,826	9% below HPI
2016 23 MAR	£272,000	£323,209	16% below HPI
2012 21 SEP	£250,000	£284,418	12% below HPI

8 TARKA LANE 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 8 TARKA LANE sales between September 2012 and July 2017 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 March 2016 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the July 2017 sale, where it rises to 9% below the HPI. The line then continues to track at 9% below the HPI.

What might 8 TARKA LANE be worth now?

8 TARKA LANE might now be worth an estimated £406,701.

This is based on house price inflation of 33.3%, between July 2017 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 33.3% inflationary increase is applied to the most recent sale price for 8 TARKA LANE of £305,000 on 14th July 2017. For the value to have increased from £305,000 to £406,701 over the eight years and five months to February 2025, the following assumptions must hold true:

• The value of 8 TARKA LANE has moved in line with the HPI for detached houses in the North Devon local authority area.
• The July 2017 sale price of £305,000 represented a fair market value for the property.
• The size, condition, and specification of 8 TARKA LANE has not materially changed since July 2017.

How Large is 8 TARKA LANE?

8 TARKA LANE is 107m² according to the EPC inspection conducted in July 2012. This puts it in the smallest 40% of detached houses houses in Woolacombe, based on EPC data. The below chart shows the distribution of detached houses houses by size in Woolacombe, and where 8 TARKA LANE lies on this distribution: 38% of detached houses houses are smaller than 8 TARKA LANE, and 59% of houses are larger. Note that EPC data is not available for all properties in Woolacombe.

8 TARKA LANE: Plot and Title Map

8 TARKA LANE sits on a plot of roughly 0.080 of an acre, or 322m². The below map shows the location of 8 TARKA LANE, 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 TARKA LANE). 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 TARKA LANE?

8 TARKA LANE is located in WOOLACOMBE, in the EX34 postcode district. The below map shows the position of No. 8 on TARKA LANE.