BEACON HOUSE, BONFIRE HILL, SALCOMBE, TQ8 8EF - £1,601,000

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.

BEACON HOUSE is a large extended detached house of 190m², built sometime between 1950 and 1966, which could now be worth an estimated £1,827,950. It was last sold for £1,601,000 in September 2021, which was around 213% above the average September 2021 detached price in the South Hams local authority area. The most recent EPC inspection was July 2021, where the current energy rating was D, and the potential energy rating was C.

BEACON HOUSE Sold Prices

Land registry data shows three sales for BEACON HOUSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the South Hams local authority area for the corresponding sale date. All of the three BEACON HOUSE sales were for above 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
2021 17 SEP	£1,601,000	£511,261	213% above HPI
2013 20 MAR	£880,000	£363,837	142% above HPI
2007 14 DEC	£750,000	£394,104	90% above HPI

BEACON HOUSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Hams local authority area over time, sourced from the HPI. The three BEACON HOUSE sales between December 2007 and September 2021 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 2013 sale was for 142% above the HPI. So the extrapolation line tracks at 142% above the HPI over time, until the September 2021 sale, where it rises to 213% above the HPI. The line then continues to track at 213% above the HPI.

What might BEACON HOUSE be worth now?

BEACON HOUSE might now be worth an estimated £1,827,950.

This is based on house price inflation of 14.2%, between September 2021 and February 2025, for detached houses, in the South Hams local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 14.2% inflationary increase is applied to the most recent sale price for BEACON HOUSE of £1,601,000 on 17th September 2021. For the value to have increased from £1,601,000 to £1,827,950 over the four years and seven months to February 2025, the following assumptions must hold true:

• The value of BEACON HOUSE has moved in line with the HPI for detached houses in the South Hams local authority area.
• The September 2021 sale price of £1,601,000 represented a fair market value for the property.
• The size, condition, and specification of BEACON HOUSE has not materially changed since September 2021.

How Large is BEACON HOUSE?

BEACON HOUSE is 190m², which includes one extension, according to the EPC inspection conducted in July 2021. This puts it in the largest 40% of detached houses houses in Salcombe, based on EPC data. The below chart shows the distribution of detached houses houses by size in Salcombe, and where BEACON HOUSE lies on this distribution: 67% of detached houses houses are smaller than BEACON HOUSE, and 33% of houses are larger. Note that EPC data is not available for all properties in Salcombe.

BEACON HOUSE: Plot and Title Map

BEACON HOUSE sits on a plot of roughly 0.186 of an acre, or 751m². The below map shows the location of BEACON HOUSE, 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 BEACON HOUSE). 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 BEACON HOUSE?

BEACON HOUSE is located on BONFIRE HILL in SALCOMBE, in the TQ8 postcode district. The below map shows the position of BEACON HOUSE on BONFIRE HILL.