LONGACRE, BUZZACOTT LANE, COMBE MARTIN, ILFRACOMBE, EX34 0LB - £302,500

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

LONGACRE is a small detached house of 80m², built sometime between 1950 and 1966, which could now be worth an estimated £460,303. It was last sold for £302,500 in January 2012, which was around 7% above the average January 2012 detached price in the North Devon local authority area. The most recent EPC inspection was November 2011, where the current energy rating was C, and the potential energy rating was C.

LONGACRE Sold Prices

Land registry data shows three sales for LONGACRE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the North Devon local authority area for the corresponding sale date. Two of the three LONGACRE sales were for above the average price, whilst one was 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
2012 26 JAN	£302,500	£283,104	7% above HPI
2007 11 APR	£289,950	£286,479	1% above HPI
2004 5 MAY	£217,000	£245,408	12% below HPI

LONGACRE 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 three LONGACRE sales between May 2004 and January 2012 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 April 2007 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the January 2012 sale, where it rises to 7% above the HPI. The line then continues to track at 7% above the HPI.

What might LONGACRE be worth now?

LONGACRE might now be worth an estimated £460,303.

This is based on house price inflation of 52.2%, between January 2012 and December 2024, 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 52.2% inflationary increase is applied to the most recent sale price for LONGACRE of £302,500 on 26th January 2012. For the value to have increased from £302,500 to £460,303 over the eleven years and one month to December 2024, the following assumptions must hold true:

• The value of LONGACRE has moved in line with the HPI for detached houses in the North Devon local authority area.
• The January 2012 sale price of £302,500 represented a fair market value for the property.
• The size, condition, and specification of LONGACRE has not materially changed since January 2012.

How Large is LONGACRE?

LONGACRE is 80m² according to the EPC inspection conducted in November 2011. This puts it in the smallest 30% of detached houses houses in Combe Martin, based on EPC data. The below chart shows the distribution of detached houses houses by size in Combe Martin, and where LONGACRE lies on this distribution: 22% of detached houses houses are smaller than LONGACRE, and 78% of houses are larger. Note that EPC data is not available for all properties in Combe Martin.

LONGACRE: Plot and Title Map

LONGACRE sits on a plot of roughly 0.793 of an acre, or 3,208m². The below map shows the location of LONGACRE, 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 LONGACRE). 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 LONGACRE?

LONGACRE is located on BUZZACOTT LANE in COMBE MARTIN, in the EX34 postcode district. The below map shows the position of LONGACRE on BUZZACOTT LANE.