BRUMAR, WEST CHALLACOMBE LANE, COMBE MARTIN, ILFRACOMBE, EX34 0HF - £560,000

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

BRUMAR is a midsized extended detached house of 117m², built sometime between 1950 and 1966. It was last sold for £560,000 in July 2023, which was around 26% above the average July 2023 detached price in the North Devon local authority area. The most recent EPC inspection was August 2022, where the current energy rating was C, and the potential energy rating was B.

BRUMAR Sold Prices

Land registry data shows two sales for BRUMAR 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. One of the two BRUMAR sales was for above the average price, whilst the other was 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
2023 21 JUL	£560,000	£444,570	26% above HPI
2003 26 MAR	£180,000	£194,680	8% below HPI

BRUMAR 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 BRUMAR sales from March 2003 and July 2023 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 2003 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the July 2023 sale, where it rises to 26% above the HPI. The line then continues to track at 26% above the HPI.

How Large is BRUMAR?

BRUMAR is 117m², which includes one extension, according to the EPC inspection conducted in August 2022. This puts it in the largest 50% 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 BRUMAR lies on this distribution: 58% of detached houses are smaller than BRUMAR, and 42% of houses are larger. Note that EPC data is not available for all properties in Combe Martin.

BRUMAR: Plot and Title Map

BRUMAR sits on a plot of roughly 0.363 of an acre, or 1,468m². The below map shows the location of BRUMAR, 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 BRUMAR). 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 BRUMAR?

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