PINES DENE, WEST DOWN, ILFRACOMBE, EX34 8NU - £375,000

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

PINES DENE is a small extended detached house of 134m², built sometime between 1930 and 1949, which could now be worth an estimated £555,907. It was last sold for £375,000 in May 2007, which was around 29% above the average May 2007 detached price in the North Devon local authority area. The most recent EPC inspection was September 2021, where the current energy rating was C, and the potential energy rating was B.

PINES DENE Sold Prices

Land registry data shows two sales for PINES DENE 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 PINES DENE 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
2007 1 MAY	£375,000	£290,599	29% above HPI
1996 6 DEC	£118,000	£80,451	47% above HPI

PINES DENE 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 PINES DENE sales from December 1996 and May 2007 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 December 1996 sale was for 47% above the HPI. So the extrapolation line tracks at 47% above the HPI over time, until the May 2007 sale, where it falls to 29% above the HPI. The line then continues to track at 29% above the HPI.

What might PINES DENE be worth now?

PINES DENE might now be worth an estimated £555,907.

This is based on house price inflation of 48.2%, between May 2007 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 48.2% inflationary increase is applied to the most recent sale price for PINES DENE of £375,000 on 1st May 2007. For the value to have increased from £375,000 to £555,907 over the sixteen years and five months to December 2024, the following assumptions must hold true:

• The value of PINES DENE has moved in line with the HPI for detached houses in the North Devon local authority area.
• The May 2007 sale price of £375,000 represented a fair market value for the property.
• The size, condition, and specification of PINES DENE has not materially changed since May 2007.

How Large is PINES DENE?

PINES DENE is 134m², which includes one extension, according to the EPC inspection conducted in September 2021. This puts it in the smallest 40% 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 PINES DENE lies on this distribution: 34% of detached houses houses are smaller than PINES DENE, and 64% of houses are larger. Note that EPC data is not available for all properties in West Down.

PINES DENE: Plot and Title Map

PINES DENE sits on a plot of roughly 0.944 of an acre, or 3,819m². The below map shows the location of PINES DENE, 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 PINES DENE). 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 PINES DENE?

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