CHASEWOOD, ILFRACOMBE ROAD, BRAUNTON, EX33 2ER - £495,000

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

CHASEWOOD is a very large detached house of 140m², built sometime between 1983 and 1990. It was last sold for £495,000 in March 2019, which was around 40% above the average March 2019 detached price in the North Devon local authority area. The most recent EPC inspection was September 2015, where the current energy rating was D, and the potential energy rating was C.

CHASEWOOD Sold Prices

Land registry data shows three sales for CHASEWOOD 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. All of the three CHASEWOOD 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
2019 1 MAR	£495,000	£352,830	40% above HPI
2001 30 MAR	£234,000	£130,286	80% above HPI
1996 12 JUL	£125,000	£76,182	64% above HPI

CHASEWOOD 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 CHASEWOOD sales between July 1996 and March 2019 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 2001 sale was for 80% above the HPI. So the extrapolation line tracks at 80% above the HPI over time, until the March 2019 sale, where it falls to 40% above the HPI. The line then continues to track at 40% above the HPI.

How Large is CHASEWOOD?

CHASEWOOD is 140m² according to the EPC inspection conducted in September 2015. This puts it in the largest 20% of detached houses in Braunton, based on EPC data. The below chart shows the distribution of detached houses by size in Braunton, and where CHASEWOOD lies on this distribution: 80% of detached houses are smaller than CHASEWOOD, and 19% of houses are larger. Note that EPC data is not available for all properties in Braunton.

CHASEWOOD: Plot and Title Map

CHASEWOOD sits on a plot of roughly 0.225 of an acre, or 911m². The below map shows the location of CHASEWOOD, 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 CHASEWOOD). 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 CHASEWOOD?

CHASEWOOD is located on ILFRACOMBE ROAD in BRAUNTON, in the EX33 postcode district. The below map shows the position of CHASEWOOD on ILFRACOMBE ROAD.