HOMEWOOD, WOODLANDS, COMBE MARTIN, ILFRACOMBE, EX34 0AT - £390,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

HOMEWOOD is a very large extended detached house of 227m², built sometime between 1900 and 1929. It was last sold for £390,000 in November 2020, which was around 3% above the average November 2020 detached price in the North Devon local authority area. The most recent EPC inspection was September 2019, where the current energy rating was D, and the potential energy rating was C.

HOMEWOOD Sold Prices

Land registry data shows two sales for HOMEWOOD 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 HOMEWOOD 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
2020 25 NOV	£390,000	£379,980	3% above HPI
2007 13 AUG	£330,000	£289,298	14% above HPI

HOMEWOOD 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 HOMEWOOD sales from August 2007 and November 2020 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 2007 sale was for 14% above the HPI. So the extrapolation line tracks at 14% above the HPI over time, until the November 2020 sale, where it falls to 3% above the HPI. The line then continues to track at 3% above the HPI.

How Large is HOMEWOOD?

HOMEWOOD is 227m², which includes three extensions, according to the EPC inspection conducted in September 2019. This puts it in the largest 10% of detached houses in Combe Martin, based on EPC data. The below chart shows the distribution of detached houses by size in Combe Martin, and where HOMEWOOD lies on this distribution: 97% of detached houses are smaller than HOMEWOOD, and 3% of houses are larger. Note that EPC data is not available for all properties in Combe Martin.

HOMEWOOD: Plot and Title Map

HOMEWOOD sits on a plot of roughly 0.134 of an acre, or 542m². The below map shows the location of HOMEWOOD, 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 HOMEWOOD). 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 HOMEWOOD?

HOMEWOOD is located on WOODLANDS in COMBE MARTIN, in the EX34 postcode district. The below map shows the position of HOMEWOOD on WOODLANDS.