BELMONT LODGE, RICHMOND AVENUE, ILFRACOMBE, EX34 8DQ - £322,500

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.

BELMONT LODGE is a midsized extended detached house of 104m², built sometime between 1976 and 1982, which could now be worth an estimated £329,243. It was last sold for £322,500 in December 2024, which was around 26% below the average December 2024 detached price in the North Devon local authority area. The most recent EPC inspection was September 2022, where the current energy rating was D, and the potential energy rating was B.

BELMONT LODGE Sold Prices

Land registry data shows two sales for BELMONT LODGE 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 BELMONT LODGE 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 19 DEC	£322,500	£436,022	26% below HPI
1997 26 MAR	£59,950	£84,451	29% below HPI

BELMONT LODGE 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 BELMONT LODGE sales from March 1997 and December 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 March 1997 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the December 2024 sale, where it rises to 26% below the HPI. The line then continues to track at 26% below the HPI.

What might BELMONT LODGE be worth now?

BELMONT LODGE might now be worth an estimated £329,243.

This is based on house price inflation of 2.1%, between December 2024 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 2.1% inflationary increase is applied to the most recent sale price for BELMONT LODGE of £322,500 on 19th December 2024. For the value to have increased from £322,500 to £329,243 over the one year and ten months to February 2025, the following assumptions must hold true:

• The value of BELMONT LODGE has moved in line with the HPI for detached houses in the North Devon local authority area.
• The December 2024 sale price of £322,500 represented a fair market value for the property.
• The size, condition, and specification of BELMONT LODGE has not materially changed since December 2024.

How Large is BELMONT LODGE?

BELMONT LODGE is 104m², which includes one extension, according to the EPC inspection conducted in September 2022. This puts it in the largest 50% of detached houses houses in Ilfracombe, based on EPC data. The below chart shows the distribution of detached houses houses by size in Ilfracombe, and where BELMONT LODGE lies on this distribution: 51% of detached houses houses are smaller than BELMONT LODGE, and 48% of houses are larger. Note that EPC data is not available for all properties in Ilfracombe.

BELMONT LODGE: Plot and Title Map

BELMONT LODGE sits on a plot of roughly 0.082 of an acre, or 332m². The below map shows the location of BELMONT LODGE, 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 BELMONT LODGE). 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 BELMONT LODGE?

BELMONT LODGE is located on RICHMOND AVENUE in ILFRACOMBE, in the EX34 postcode district. The below map shows the position of BELMONT LODGE on RICHMOND AVENUE.