RANDWICK, GRANVILLE ROAD, ILFRACOMBE, EX34 8AS - £263,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

RANDWICK is a midsized detached house of 113m², built sometime between 1967 and 1975, which could now be worth an estimated £368,482. It was last sold for £263,000 in February 2017, which was around 17% below the average February 2017 detached price in the North Devon local authority area. The most recent EPC inspection was July 2012, where the current energy rating was D, and the potential energy rating was C.

RANDWICK Sold Prices

Land registry data shows three sales for RANDWICK 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. All of the three RANDWICK 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
2017 6 FEB	£263,000	£317,713	17% below HPI
2004 8 APR	£180,000	£242,484	26% below HPI
2002 25 MAR	£125,000	£158,505	21% below HPI

RANDWICK 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 RANDWICK sales between March 2002 and February 2017 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 2004 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the February 2017 sale, where it rises to 17% below the HPI. The line then continues to track at 17% below the HPI.

What might RANDWICK be worth now?

RANDWICK might now be worth an estimated £368,482.

This is based on house price inflation of 40.1%, between February 2017 and February 2025, 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 40.1% inflationary increase is applied to the most recent sale price for RANDWICK of £263,000 on 6th February 2017. For the value to have increased from £263,000 to £368,482 over the eight years to February 2025, the following assumptions must hold true:

• The value of RANDWICK has moved in line with the HPI for detached houses in the North Devon local authority area.
• The February 2017 sale price of £263,000 represented a fair market value for the property.
• The size, condition, and specification of RANDWICK has not materially changed since February 2017.

How Large is RANDWICK?

RANDWICK is 113m² according to the EPC inspection conducted in July 2012. This puts it in the largest 50% of detached houses houses in Ilfracombe, based on EPC data. The below chart shows the distribution of detached houses houses by size in Ilfracombe, and where RANDWICK lies on this distribution: 58% of detached houses houses are smaller than RANDWICK, and 41% of houses are larger. Note that EPC data is not available for all properties in Ilfracombe.

RANDWICK: Plot and Title Map

RANDWICK sits on a plot of roughly 0.103 of an acre, or 416m². The below map shows the location of RANDWICK, 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 RANDWICK). 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 RANDWICK?

RANDWICK is located on GRANVILLE ROAD in ILFRACOMBE, in the EX34 postcode district. The below map shows the position of RANDWICK on GRANVILLE ROAD.