ELM GARDENS, TORRS PARK, ILFRACOMBE, EX34 8AZ - £400,000

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

ELM GARDENS is a large detached house of 134m², built sometime between 1996 and 2002. It was last sold for £400,000 in December 2023, which was around 6% below the average December 2023 detached price in the North Devon local authority area. The most recent EPC inspection was June 2023, where the current energy rating was C, and the potential energy rating was B.

ELM GARDENS Sold Prices

Land registry data shows three sales for ELM GARDENS 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. One of the three ELM GARDENS sales was for below the average price, whilst two 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
2023 14 DEC	£400,000	£425,093	6% below HPI
2014 11 JUL	£315,000	£284,449	11% above HPI
2010 27 JUL	£310,000	£271,087	14% above HPI

ELM GARDENS 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 ELM GARDENS sales between July 2010 and December 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 July 2014 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the December 2023 sale, where it falls to 6% below the HPI. The line then continues to track at 6% below the HPI.

How Large is ELM GARDENS?

ELM GARDENS is 134m² according to the EPC inspection conducted in June 2023. This puts it in the largest 30% of detached houses in Ilfracombe, based on EPC data. The below chart shows the distribution of detached houses by size in Ilfracombe, and where ELM GARDENS lies on this distribution: 72% of detached houses are smaller than ELM GARDENS, and 28% of houses are larger. Note that EPC data is not available for all properties in Ilfracombe.

ELM GARDENS: Plot and Title Map

ELM GARDENS sits on a plot of roughly 0.323 of an acre, or 1,306m². The below map shows the location of ELM GARDENS, 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 ELM GARDENS). 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 ELM GARDENS?

ELM GARDENS is located on TORRS PARK in ILFRACOMBE, in the EX34 postcode district. The below map shows the position of ELM GARDENS on TORRS PARK.