HOLLY LODGE, HORNE PARK ROAD, ILFRACOMBE, EX34 8JT - £275,000

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.

HOLLY LODGE is a small extended detached house of 91m², built sometime between 1967 and 1975, which could now be worth an estimated £386,283. It was last sold for £275,000 in October 2015, which was around 13% below the average October 2015 detached price in the North Devon local authority area. The most recent EPC inspection was October 2013, where the current energy rating was D, and the potential energy rating was B.

HOLLY LODGE Sold Prices

Land registry data shows two sales for HOLLY LODGE 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 HOLLY LODGE sales were for below 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
2015 21 OCT	£275,000	£316,900	13% below HPI
2006 29 NOV	£243,000	£276,227	12% below HPI

HOLLY LODGE 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 HOLLY LODGE sales from November 2006 and October 2015 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 November 2006 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the October 2015 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.

What might HOLLY LODGE be worth now?

HOLLY LODGE might now be worth an estimated £386,283.

This is based on house price inflation of 40.5%, between October 2015 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 40.5% inflationary increase is applied to the most recent sale price for HOLLY LODGE of £275,000 on 21st October 2015. For the value to have increased from £275,000 to £386,283 over the ten years and eight months to February 2025, the following assumptions must hold true:

• The value of HOLLY LODGE has moved in line with the HPI for detached houses in the North Devon local authority area.
• The October 2015 sale price of £275,000 represented a fair market value for the property.
• The size, condition, and specification of HOLLY LODGE has not materially changed since October 2015.

How Large is HOLLY LODGE?

HOLLY LODGE is 91m², which includes one extension, according to the EPC inspection conducted in October 2013. This puts it in the smallest 40% of detached houses houses in Ilfracombe, based on EPC data. The below chart shows the distribution of detached houses houses by size in Ilfracombe, and where HOLLY LODGE lies on this distribution: 38% of detached houses houses are smaller than HOLLY LODGE, and 61% of houses are larger. Note that EPC data is not available for all properties in Ilfracombe.

HOLLY LODGE: Plot and Title Map

HOLLY LODGE sits on a plot of roughly 0.142 of an acre, or 575m². The below map shows the location of HOLLY LODGE, 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 HOLLY LODGE). 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 HOLLY LODGE?

HOLLY LODGE is located on HORNE PARK ROAD in ILFRACOMBE, in the EX34 postcode district. The below map shows the position of HOLLY LODGE on HORNE PARK ROAD.