8, WILLOW CLOSE, ILFRACOMBE, EX34 9RP - £307,500

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

8 WILLOW CLOSE is a very small detached house of 59m², built sometime between 1967 and 1975, which could now be worth an estimated £303,204. It was last sold for £307,500 in June 2024, which was around 30% below the average June 2024 detached price in the North Devon local authority area. The most recent EPC inspection was March 2015, where the current energy rating was E, and the potential energy rating was B.

8 WILLOW CLOSE Sold Prices

Land registry data shows two sales for 8 WILLOW 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 8 WILLOW 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
2024 6 JUN	£307,500	£436,892	30% below HPI
2012 20 NOV	£165,000	£273,603	40% below HPI

8 WILLOW 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 8 WILLOW CLOSE sales from November 2012 and June 2024 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 November 2012 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the June 2024 sale, where it rises to 30% below the HPI. The line then continues to track at 30% below the HPI.

What might 8 WILLOW CLOSE be worth now?

8 WILLOW CLOSE might now be worth an estimated £303,204.

This is based on house price deflation of 1.4%, between June 2024 and December 2024, 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 1.4% deflationary decrease is applied to the most recent sale price for 8 WILLOW CLOSE of £307,500 on 6th June 2024. For the value to have decreased from £307,500 to £303,204 over the six months to December 2024, the following assumptions must hold true:

• The value of 8 WILLOW CLOSE has moved in line with the HPI for detached houses in the North Devon local authority area.
• The June 2024 sale price of £307,500 represented a fair market value for the property.
• The size, condition, and specification of 8 WILLOW CLOSE has not materially changed since June 2024.

How Large is 8 WILLOW CLOSE?

8 WILLOW CLOSE is 59m² according to the EPC inspection conducted in March 2015. This puts it in the smallest 10% of detached houses houses in Chambercombe, based on EPC data. The below chart shows the distribution of detached houses houses by size in Chambercombe, and where 8 WILLOW CLOSE lies on this distribution: 2% of detached houses houses are smaller than 8 WILLOW CLOSE, and 95% of houses are larger. Note that EPC data is not available for all properties in Chambercombe.

8 WILLOW CLOSE: Plot and Title Map

8 WILLOW CLOSE sits on a plot of roughly 0.104 of an acre, or 420m². The below map shows the location of 8 WILLOW 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 8 WILLOW 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 8 WILLOW CLOSE?

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