CARPENTERS, HANGMAN PATH, COMBE MARTIN, ILFRACOMBE, EX34 0DN - £387,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

CARPENTERS is a very small extended detached house of 77m², built sometime between 1930 and 1949, which could now be worth an estimated £364,945. It was last sold for £387,000 in October 2022, which was around 18% below the average October 2022 detached price in the North Devon local authority area. The most recent EPC inspection was March 2011, where the current energy rating was E, and the potential energy rating was D.

CARPENTERS Sold Prices

Land registry data shows two sales for CARPENTERS 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 CARPENTERS 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
2022 21 OCT	£387,000	£472,040	18% below HPI
2000 30 JUN	£80,000	£125,759	36% below HPI

CARPENTERS 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 CARPENTERS sales from June 2000 and October 2022 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 June 2000 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the October 2022 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.

What might CARPENTERS be worth now?

CARPENTERS might now be worth an estimated £364,945.

This is based on house price deflation of 5.7%, between October 2022 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 5.7% deflationary decrease is applied to the most recent sale price for CARPENTERS of £387,000 on 21st October 2022. For the value to have decreased from £387,000 to £364,945 over the three years and eight months to February 2025, the following assumptions must hold true:

• The value of CARPENTERS has moved in line with the HPI for detached houses in the North Devon local authority area.
• The October 2022 sale price of £387,000 represented a fair market value for the property.
• The size, condition, and specification of CARPENTERS has not materially changed since October 2022.

How Large is CARPENTERS?

CARPENTERS is 77m², which includes two extensions, according to the EPC inspection conducted in March 2011. This puts it in the smallest 20% of detached houses houses in Combe Martin, based on EPC data. The below chart shows the distribution of detached houses houses by size in Combe Martin, and where CARPENTERS lies on this distribution: 17% of detached houses houses are smaller than CARPENTERS, and 83% of houses are larger. Note that EPC data is not available for all properties in Combe Martin.

CARPENTERS: Plot and Title Map

CARPENTERS sits on a plot of roughly 0.066 of an acre, or 268m². The below map shows the location of CARPENTERS, 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 CARPENTERS). 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 CARPENTERS?

CARPENTERS is located on HANGMAN PATH in COMBE MARTIN, in the EX34 postcode district. The below map shows the position of CARPENTERS on HANGMAN PATH.