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

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

BEACON HOUSE is a large extended detached house of 190m², built sometime between 1950 and 1966. It was last sold for £1,601,000 in September 2021, which was around 219% 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	£501,699	219% above HPI
2013 20 MAR	£880,000	£357,033	146% above HPI
2007 14 DEC	£750,000	£386,734	94% 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 146% above the HPI. So the extrapolation line tracks at 146% above the HPI over time, until the September 2021 sale, where it rises to 219% above the HPI. The line then continues to track at 219% above the HPI.

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 in Salcombe, based on EPC data. The below chart shows the distribution of detached houses by size in Salcombe, and where BEACON HOUSE lies on this distribution: 67% of detached 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 0.185 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.