HIGH WATER, BONAVENTURE ROAD, SALCOMBE, TQ8 8BG - £1,200,000

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.

HIGH WATER is a midsized extended detached house of 139m², built sometime between 1976 and 1982, which could now be worth an estimated £1,229,710. It was last sold for £1,200,000 in January 2022, which was around 111% above the average January 2022 detached price in the South Hams local authority area. The most recent EPC inspection was September 2021, where the current energy rating was D, and the potential energy rating was B.

HIGH WATER Sold Prices

Land registry data shows four sales for HIGH WATER 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 HIGH WATER 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 18 JAN	£1,200,000	£569,632	111% above HPI
2012 14 SEP	£575,000	£387,233	48% above HPI
2007 28 JUN	£545,000	£384,489	42% above HPI
1999 20 DEC	£183,000	£152,361	20% above HPI

HIGH WATER 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 HIGH WATER sales between December 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 September 2012 sale was for 48% above the HPI. So the extrapolation line tracks at 48% above the HPI over time, until the January 2022 sale, where it rises to 111% above the HPI. The line then continues to track at 111% above the HPI.

What might HIGH WATER be worth now?

HIGH WATER might now be worth an estimated £1,229,710.

This is based on house price inflation of 2.5%, between January 2022 and February 2025, for detached houses, in the South Hams local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 2.5% inflationary increase is applied to the most recent sale price for HIGH WATER of £1,200,000 on 18th January 2022. For the value to have increased from £1,200,000 to £1,229,710 over the two years and eleven months to February 2025, the following assumptions must hold true:

• The value of HIGH WATER has moved in line with the HPI for detached houses in the South Hams local authority area.
• The January 2022 sale price of £1,200,000 represented a fair market value for the property.
• The size, condition, and specification of HIGH WATER has not materially changed since January 2022.

How Large is HIGH WATER?

HIGH WATER is 139m², which includes three extensions, according to the EPC inspection conducted in September 2021. This puts it in the smallest 50% of detached houses houses in Salcombe, based on EPC data. The below chart shows the distribution of detached houses houses by size in Salcombe, and where HIGH WATER lies on this distribution: 44% of detached houses houses are smaller than HIGH WATER, and 56% of houses are larger. Note that EPC data is not available for all properties in Salcombe.

HIGH WATER: Plot and Title Map

HIGH WATER sits on a plot of roughly 0.139 of an acre, or 561m². The below map shows the location of HIGH WATER, 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 HIGH WATER). 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 HIGH WATER?

HIGH WATER is located on BONAVENTURE ROAD in SALCOMBE, in the TQ8 postcode district. The below map shows the position of HIGH WATER on BONAVENTURE ROAD.