ROCNA, GRENVILLE ROAD, SALCOMBE, TQ8 8BJ - £785,000

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.

ROCNA is a small detached house of 133m², which could now be worth an estimated £964,700. It was last sold for £785,000 in August 2020, which was around 67% above the average August 2020 detached price in the South Hams local authority area. The most recent EPC inspection was January 2020, where the current energy rating was B, and the potential energy rating was B.

ROCNA Sold Prices

Land registry data shows three sales for ROCNA since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the South Hams local authority area for the corresponding sale date. One of the three ROCNA sales was for above the average price, whilst two 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
2020 26 AUG	£785,000	£468,867	67% above HPI
2015 22 JUL	£330,000	£404,778	18% below HPI
2013 17 JUL	£273,000	£382,637	29% below HPI

ROCNA Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Hams local authority area over time, sourced from the HPI. The three ROCNA sales between July 2013 and August 2020 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 July 2015 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the August 2020 sale, where it rises to 67% above the HPI. The line then continues to track at 67% above the HPI.

What might ROCNA be worth now?

ROCNA might now be worth an estimated £964,700.

This is based on house price inflation of 22.9%, between August 2020 and March 2025, for detached houses, in the South Hams local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 22.9% inflationary increase is applied to the most recent sale price for ROCNA of £785,000 on 26th August 2020. For the value to have increased from £785,000 to £964,700 over the five years and five months to March 2025, the following assumptions must hold true:

• The value of ROCNA has moved in line with the HPI for detached houses in the South Hams local authority area.
• The August 2020 sale price of £785,000 represented a fair market value for the property.
• The size, condition, and specification of ROCNA has not materially changed since August 2020.

How Large is ROCNA?

ROCNA is 133m² according to the EPC inspection conducted in January 2020. This puts it in the smallest 40% of detached houses houses in Salcombe, based on EPC data. The below chart shows the distribution of detached houses houses by size in Salcombe, and where ROCNA lies on this distribution: 40% of detached houses houses are smaller than ROCNA, and 60% of houses are larger. Note that EPC data is not available for all properties in Salcombe.

ROCNA: Plot and Title Map

ROCNA sits on a plot of roughly 0.075 of an acre, or 305m². The below map shows the location of ROCNA, 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 ROCNA). 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 ROCNA?

ROCNA is located on GRENVILLE ROAD in SALCOMBE, in the TQ8 postcode district. The below map shows the position of ROCNA on GRENVILLE ROAD.