MYRTLE HOUSE, WEST DOWN, ILFRACOMBE, EX34 8NQ - £220,000

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

MYRTLE HOUSE is a midsized extended detached house of 143m², built sometime before 1900, which could now be worth an estimated £284,634. It was last sold for £220,000 in March 2018, which was around 34% below the average March 2018 detached price in the North Devon local authority area. The most recent EPC inspection was November 2012, where the current energy rating was E, and the potential energy rating was C.

MYRTLE HOUSE Sold Prices

Land registry data shows four sales for MYRTLE HOUSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the North Devon local authority area for the corresponding sale date. All of the four MYRTLE HOUSE 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
2018 29 MAR	£220,000	£332,967	34% below HPI
2016 19 AUG	£220,000	£321,880	32% below HPI
2008 31 MAR	£243,000	£290,752	16% below HPI
2006 1 SEP	£188,000	£283,813	34% below HPI

MYRTLE HOUSE 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 four MYRTLE HOUSE sales between September 2006 and March 2018 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 2016 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the March 2018 sale, where it falls to 34% below the HPI. The line then continues to track at 34% below the HPI.

What might MYRTLE HOUSE be worth now?

MYRTLE HOUSE might now be worth an estimated £284,634.

This is based on house price inflation of 29.4%, between March 2018 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 29.4% inflationary increase is applied to the most recent sale price for MYRTLE HOUSE of £220,000 on 29th March 2018. For the value to have increased from £220,000 to £284,634 over the five years and three months to December 2024, the following assumptions must hold true:

• The value of MYRTLE HOUSE has moved in line with the HPI for detached houses in the North Devon local authority area.
• The March 2018 sale price of £220,000 represented a fair market value for the property.
• The size, condition, and specification of MYRTLE HOUSE has not materially changed since March 2018.

How Large is MYRTLE HOUSE?

MYRTLE HOUSE is 143m², which includes one extension, according to the EPC inspection conducted in November 2012. This puts it in the smallest 50% of detached houses houses in West Down, based on EPC data. The below chart shows the distribution of detached houses houses by size in West Down, and where MYRTLE HOUSE lies on this distribution: 48% of detached houses houses are smaller than MYRTLE HOUSE, and 52% of houses are larger. Note that EPC data is not available for all properties in West Down.

MYRTLE HOUSE: Plot and Title Map

MYRTLE HOUSE sits on a plot of roughly 0.040 of an acre, or 160m². The below map shows the location of MYRTLE HOUSE, 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 MYRTLE HOUSE). 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 MYRTLE HOUSE?

MYRTLE HOUSE is located in WEST DOWN, in the EX34 postcode district. The below map shows the position of MYRTLE HOUSE in WEST DOWN.