HARBOUR RISE, LESTER POINT, COMBE MARTIN, ILFRACOMBE, EX34 0DL - £485,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

HARBOUR RISE is a very large extended detached house of 167m², built sometime between 1967 and 1975, which could now be worth an estimated £566,611. It was last sold for £485,000 in October 2019, which was around 32% above the average October 2019 detached price in the North Devon local authority area. The most recent EPC inspection was January 2019, where the current energy rating was D, and the potential energy rating was C.

HARBOUR RISE Sold Prices

Land registry data shows two sales for HARBOUR RISE 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 HARBOUR RISE 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 18 OCT	£485,000	£368,741	32% above HPI
2008 15 AUG	£360,000	£284,220	27% above HPI

HARBOUR RISE 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 HARBOUR RISE sales from August 2008 and October 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 2008 sale was for 27% above the HPI. So the extrapolation line tracks at 27% above the HPI over time, until the October 2019 sale, where it rises to 32% above the HPI. The line then continues to track at 32% above the HPI.

What might HARBOUR RISE be worth now?

HARBOUR RISE might now be worth an estimated £566,611.

This is based on house price inflation of 16.8%, between October 2019 and December 2024, 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 16.8% inflationary increase is applied to the most recent sale price for HARBOUR RISE of £485,000 on 18th October 2019. For the value to have increased from £485,000 to £566,611 over the four years and ten months to December 2024, the following assumptions must hold true:

• The value of HARBOUR RISE has moved in line with the HPI for detached houses in the North Devon local authority area.
• The October 2019 sale price of £485,000 represented a fair market value for the property.
• The size, condition, and specification of HARBOUR RISE has not materially changed since October 2019.

How Large is HARBOUR RISE?

HARBOUR RISE is 167m², which includes one extension, according to the EPC inspection conducted in January 2019. This puts it in the largest 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 HARBOUR RISE lies on this distribution: 86% of detached houses houses are smaller than HARBOUR RISE, and 14% of houses are larger. Note that EPC data is not available for all properties in Combe Martin.

HARBOUR RISE: Plot and Title Map

HARBOUR RISE sits on a plot of roughly 0.109 of an acre, or 440m². The below map shows the location of HARBOUR RISE, 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 HARBOUR RISE). 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 HARBOUR RISE?

HARBOUR RISE is located on LESTER POINT in COMBE MARTIN, in the EX34 postcode district. The below map shows the position of HARBOUR RISE on LESTER POINT.