COVE HOUSE, FORTESCUE ROAD, SALCOMBE, TQ8 8AP - £2,170,000

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

COVE HOUSE is a large detached house of 233m². It was last sold for £2,170,000 in January 2022, which was around 288% above the average January 2022 detached price in the South Hams local authority area. The most recent EPC inspection was March 2017, where the current energy rating was B, and the potential energy rating was B.

COVE HOUSE Sold Prices

Land registry data shows four sales for COVE HOUSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the South Hams local authority area for the corresponding sale date. All of the four COVE HOUSE 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
2022 11 JAN	£2,170,000	£558,979	288% above HPI
2017 10 MAR	£1,390,000	£414,920	235% above HPI
2015 22 JAN	£770,000	£413,407	86% above HPI
1999 18 JUN	£295,000	£132,718	122% above HPI

COVE HOUSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Hams local authority area over time, sourced from the HPI. The four COVE HOUSE sales between June 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 March 2017 sale was for 235% above the HPI. So the extrapolation line tracks at 235% above the HPI over time, until the January 2022 sale, where it rises to 288% above the HPI. The line then continues to track at 288% above the HPI.

How Large is COVE HOUSE?

COVE HOUSE is 233m² according to the EPC inspection conducted in March 2017. This puts it in the largest 30% of detached houses in Salcombe, based on EPC data. The below chart shows the distribution of detached houses by size in Salcombe, and where COVE HOUSE lies on this distribution: 79% of detached houses are smaller than COVE HOUSE, and 20% of houses are larger. Note that EPC data is not available for all properties in Salcombe.

COVE HOUSE: Plot and Title Map

COVE HOUSE sits on a plot of roughly 0.118 of an acre, or 478m². The below map shows the location of COVE HOUSE, 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 COVE HOUSE). 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 COVE HOUSE?

COVE HOUSE is located on FORTESCUE ROAD in SALCOMBE, in the TQ8 postcode district. The below map shows the position of COVE HOUSE on FORTESCUE ROAD.