FALBALA, WESTERN RISE, WOOLACOMBE, EX34 7AG - £343,000

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.

FALBALA is a midsized detached house of 119m², built sometime between 1950 and 1966, which could now be worth an estimated £523,431. It was last sold for £343,000 in May 2014, which was around 18% above the average May 2014 detached price in the North Devon local authority area. The most recent EPC inspection was February 2014, where the current energy rating was C, and the potential energy rating was B.

FALBALA Sold Prices

Land registry data shows three sales for FALBALA 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 FALBALA 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
2014 14 MAY	£343,000	£291,696	18% above HPI
2009 21 AUG	£335,000	£263,457	27% above HPI
1999 13 JAN	£128,000	£99,977	28% above HPI

FALBALA 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 FALBALA sales between January 1999 and May 2014 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 August 2009 sale was for 27% above the HPI. So the extrapolation line tracks at 27% above the HPI over time, until the May 2014 sale, where it falls to 18% above the HPI. The line then continues to track at 18% above the HPI.

What might FALBALA be worth now?

FALBALA might now be worth an estimated £523,431.

This is based on house price inflation of 52.6%, between May 2014 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 52.6% inflationary increase is applied to the most recent sale price for FALBALA of £343,000 on 14th May 2014. For the value to have increased from £343,000 to £523,431 over the eleven years and three months to February 2025, the following assumptions must hold true:

• The value of FALBALA has moved in line with the HPI for detached houses in the North Devon local authority area.
• The May 2014 sale price of £343,000 represented a fair market value for the property.
• The size, condition, and specification of FALBALA has not materially changed since May 2014.

How Large is FALBALA?

FALBALA is 119m² according to the EPC inspection conducted in February 2014. This puts it in the largest 50% of detached houses houses in Woolacombe, based on EPC data. The below chart shows the distribution of detached houses houses by size in Woolacombe, and where FALBALA lies on this distribution: 55% of detached houses houses are smaller than FALBALA, and 45% of houses are larger. Note that EPC data is not available for all properties in Woolacombe.

FALBALA: Plot and Title Map

FALBALA sits on a plot of roughly 0.169 of an acre, or 682m². The below map shows the location of FALBALA, 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 FALBALA). 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 FALBALA?

FALBALA is located on WESTERN RISE in WOOLACOMBE, in the EX34 postcode district. The below map shows the position of FALBALA on WESTERN RISE.