GREENACRES, BEACH ROAD, WOOLACOMBE, EX34 7AE - £875,000

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.

GREENACRES is a very large extended detached house of 258m², built sometime between 1983 and 1990, which could now be worth an estimated £1,080,189. It was last sold for £875,000 in August 2019, which was around 143% above the average August 2019 detached price in the North Devon local authority area. The most recent EPC inspection was June 2014, where the current energy rating was D, and the potential energy rating was C.

GREENACRES Sold Prices

Land registry data shows four sales for GREENACRES since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the North Devon local authority area for the corresponding sale date. All of the four GREENACRES 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 23 AUG	£875,000	£360,582	143% above HPI
2015 24 AUG	£760,000	£321,374	136% above HPI
2010 23 JUL	£600,000	£277,542	116% above HPI
1996 5 NOV	£134,000	£80,227	67% above HPI

GREENACRES 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 four GREENACRES sales between November 1996 and August 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 August 2015 sale was for 136% above the HPI. So the extrapolation line tracks at 136% above the HPI over time, until the August 2019 sale, where it rises to 143% above the HPI. The line then continues to track at 143% above the HPI.

What might GREENACRES be worth now?

GREENACRES might now be worth an estimated £1,080,189.

This is based on house price inflation of 23.5%, between August 2019 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 23.5% inflationary increase is applied to the most recent sale price for GREENACRES of £875,000 on 23rd August 2019. For the value to have increased from £875,000 to £1,080,189 over the six years and six months to February 2025, the following assumptions must hold true:

• The value of GREENACRES has moved in line with the HPI for detached houses in the North Devon local authority area.
• The August 2019 sale price of £875,000 represented a fair market value for the property.
• The size, condition, and specification of GREENACRES has not materially changed since August 2019.

How Large is GREENACRES?

GREENACRES is 258m², which includes four extensions, according to the EPC inspection conducted in June 2014. This puts it in the largest 10% 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 GREENACRES lies on this distribution: 97% of detached houses houses are smaller than GREENACRES, and 3% of houses are larger. Note that EPC data is not available for all properties in Woolacombe.

GREENACRES: Plot and Title Map

GREENACRES sits on a plot of roughly 0.473 of an acre, or 1,916m². The below map shows the location of GREENACRES, 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 GREENACRES). 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 GREENACRES?

GREENACRES is located on BEACH ROAD in WOOLACOMBE, in the EX34 postcode district. The below map shows the position of GREENACRES on BEACH ROAD.