CHERRYDENE, CHAPEL LANE, COMBE MARTIN, ILFRACOMBE, EX34 0HJ - £350,000

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.

CHERRYDENE is a very small extended detached house of 75m², built sometime between 1930 and 1949, which could now be worth an estimated £366,340. It was last sold for £350,000 in January 2022, which was around 18% below the average January 2022 detached price in the North Devon local authority area. The most recent EPC inspection was July 2021, where the current energy rating was D, and the potential energy rating was C.

CHERRYDENE Sold Prices

Land registry data shows two sales for CHERRYDENE 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 CHERRYDENE 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 24 JAN	£350,000	£425,284	18% below HPI
1999 7 JUL	£77,950	£105,356	26% below HPI

CHERRYDENE 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 CHERRYDENE sales from July 1999 and January 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 July 1999 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the January 2022 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.

What might CHERRYDENE be worth now?

CHERRYDENE might now be worth an estimated £366,340.

This is based on house price inflation of 4.7%, between January 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 4.7% inflationary increase is applied to the most recent sale price for CHERRYDENE of £350,000 on 24th January 2022. For the value to have increased from £350,000 to £366,340 over the two years and eleven months to February 2025, the following assumptions must hold true:

• The value of CHERRYDENE has moved in line with the HPI for detached houses in the North Devon local authority area.
• The January 2022 sale price of £350,000 represented a fair market value for the property.
• The size, condition, and specification of CHERRYDENE has not materially changed since January 2022.

How Large is CHERRYDENE?

CHERRYDENE is 75m², which includes four extensions, according to the EPC inspection conducted in July 2021. 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 CHERRYDENE lies on this distribution: 13% of detached houses houses are smaller than CHERRYDENE, and 86% of houses are larger. Note that EPC data is not available for all properties in Combe Martin.

CHERRYDENE: Plot and Title Map

CHERRYDENE sits on a plot of roughly 0.142 of an acre, or 576m². The below map shows the location of CHERRYDENE, 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 CHERRYDENE). 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 CHERRYDENE?

CHERRYDENE is located on CHAPEL LANE in COMBE MARTIN, in the EX34 postcode district. The below map shows the position of CHERRYDENE on CHAPEL LANE.