MELVILLE, HAMS PLACE, COMBE MARTIN, ILFRACOMBE, EX34 0EL - £74,000

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

MELVILLE is a large extended detached house of 134m², built sometime before 1900. It was last sold for £74,000 in April 1999, which was around 25% below the average April 1999 detached price in the North Devon local authority area. The most recent EPC inspection was October 2009, where the current energy rating was E, and the potential energy rating was D.

MELVILLE Sold Prices

Land registry data shows two sales for MELVILLE 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 MELVILLE 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
1999 16 APR	£74,000	£98,669	25% below HPI
1997 27 MAR	£51,200	£82,487	38% below HPI

MELVILLE 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 MELVILLE sales from March 1997 and April 1999 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 March 1997 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the April 1999 sale, where it rises to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is MELVILLE?

MELVILLE is 134m², which includes one extension, according to the EPC inspection conducted in October 2009. This puts it in the largest 30% 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 MELVILLE lies on this distribution: 70% of detached houses are smaller than MELVILLE, and 30% of houses are larger. Note that EPC data is not available for all properties in Combe Martin.

MELVILLE: Plot and Title Map

MELVILLE sits on a plot of roughly 0.086 of an acre, or 347m². The below map shows the location of MELVILLE, 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 MELVILLE). 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 MELVILLE?

MELVILLE is located on HAMS PLACE in COMBE MARTIN, in the EX34 postcode district. The below map shows the position of MELVILLE on HAMS PLACE.