BOW LEE, WEST CHALLACOMBE LANE, COMBE MARTIN, ILFRACOMBE, EX34 0HF - £257,500

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

BOW LEE is a small detached house of 93m², built sometime between 1967 and 1975. It was last sold for £257,500 in March 2016, which was around 18% below the average March 2016 detached price in the North Devon local authority area. The most recent EPC inspection was April 2015, where the current energy rating was D, and the potential energy rating was B.

BOW LEE Sold Prices

Land registry data shows three sales for BOW LEE 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. Two of the three BOW LEE sales were for below the average price, whilst one was 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
2016 4 MAR	£257,500	£315,693	18% below HPI
2000 19 JUL	£125,000	£129,224	3% below HPI
1997 22 AUG	£89,950	£87,119	3% above HPI

BOW LEE 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 BOW LEE sales between August 1997 and March 2016 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 July 2000 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the March 2016 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is BOW LEE?

BOW LEE is 93m² according to the EPC inspection conducted in April 2015. This puts it in the smallest 40% of detached houses in Combe Martin, based on EPC data. The below chart shows the distribution of detached houses by size in Combe Martin, and where BOW LEE lies on this distribution: 35% of detached houses are smaller than BOW LEE, and 64% of houses are larger. Note that EPC data is not available for all properties in Combe Martin.

BOW LEE: Plot and Title Map

BOW LEE sits on a plot of roughly 0.180 of an acre, or 729m². The below map shows the location of BOW LEE, 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 BOW LEE). 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 BOW LEE?

BOW LEE is located on WEST CHALLACOMBE LANE in COMBE MARTIN, in the EX34 postcode district. The below map shows the position of BOW LEE on WEST CHALLACOMBE LANE.