KEREMEOS, DEVON ROAD, SALCOMBE, TQ8 8HJ - £1,000,000

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

KEREMEOS is a midsized extended detached house of 141m², built sometime between 1930 and 1949. It was last sold for £1,000,000 in March 2024, which was around 79% above the average March 2024 detached price in the South Hams local authority area. The most recent EPC inspection was December 2023, where the current energy rating was D, and the potential energy rating was C.

KEREMEOS Sold Prices

Land registry data shows two sales for KEREMEOS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the South Hams local authority area for the corresponding sale date. Both of the two KEREMEOS 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
2024 22 MAR	£1,000,000	£557,690	79% above HPI
1999 26 AUG	£145,000	£137,375	6% above HPI

KEREMEOS 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 two KEREMEOS sales from August 1999 and March 2024 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 1999 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the March 2024 sale, where it rises to 79% above the HPI. The line then continues to track at 79% above the HPI.

How Large is KEREMEOS?

KEREMEOS is 141m², which includes three extensions, according to the EPC inspection conducted in December 2023. This puts it in the smallest 50% of detached houses in Salcombe, based on EPC data. The below chart shows the distribution of detached houses by size in Salcombe, and where KEREMEOS lies on this distribution: 45% of detached houses are smaller than KEREMEOS, and 53% of houses are larger. Note that EPC data is not available for all properties in Salcombe.

KEREMEOS: Plot and Title Map

KEREMEOS sits on a plot of roughly 0.113 of an acre, or 458m². The below map shows the location of KEREMEOS, 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 KEREMEOS). 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 KEREMEOS?

KEREMEOS is located on DEVON ROAD in SALCOMBE, in the TQ8 postcode district. The below map shows the position of KEREMEOS on DEVON ROAD.