INVERECK, WEST CHALLACOMBE LANE, COMBE MARTIN, ILFRACOMBE, EX34 0HF - £224,767

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

INVERECK is a large extended detached house of 120m², built sometime between 1967 and 1975. It was last sold for £224,767 in March 2020, which was around 37% below the average March 2020 detached price in the North Devon local authority area. The most recent EPC inspection was August 2019, where the current energy rating was D, and the potential energy rating was C.

INVERECK Sold Prices

Land registry data shows two sales for INVERECK 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 INVERECK 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
2020 27 MAR	£224,767	£354,990	37% below HPI
1995 10 NOV	£55,000	£74,533	26% below HPI

INVERECK 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 INVERECK sales from November 1995 and March 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 November 1995 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the March 2020 sale, where it falls to 37% below the HPI. The line then continues to track at 37% below the HPI.

How Large is INVERECK?

INVERECK is 120m², which includes two extensions, according to the EPC inspection conducted in August 2019. This puts it in the largest 40% 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 INVERECK lies on this distribution: 60% of detached houses are smaller than INVERECK, and 39% of houses are larger. Note that EPC data is not available for all properties in Combe Martin.

INVERECK: Plot and Title Map

INVERECK sits on a plot of roughly 0.059 of an acre, or 239m². The below map shows the location of INVERECK, 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 INVERECK). 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 INVERECK?

INVERECK is located on WEST CHALLACOMBE LANE in COMBE MARTIN, in the EX34 postcode district. The below map shows the position of INVERECK on WEST CHALLACOMBE LANE.