ROSE BANK, WEST DOWN, ILFRACOMBE, EX34 8NF - £440,000

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.

ROSE BANK is a very small extended detached house of 108m², built sometime before 1900, which could now be worth an estimated £461,977. It was last sold for £440,000 in December 2021, which was around 4% above the average December 2021 detached price in the North Devon local authority area. The most recent EPC inspection was September 2022, where the current energy rating was D, and the potential energy rating was C.

ROSE BANK Sold Prices

Land registry data shows two sales for ROSE BANK 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. One of the two ROSE BANK sales was for above the average price, whilst the other was 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
2021 10 DEC	£440,000	£423,963	4% above HPI
2007 12 OCT	£268,000	£306,291	13% below HPI

ROSE BANK 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 ROSE BANK sales from October 2007 and December 2021 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 October 2007 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the December 2021 sale, where it rises to 4% above the HPI. The line then continues to track at 4% above the HPI.

What might ROSE BANK be worth now?

ROSE BANK might now be worth an estimated £461,977.

This is based on house price inflation of 5%, between December 2021 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 5% inflationary increase is applied to the most recent sale price for ROSE BANK of £440,000 on 10th December 2021. For the value to have increased from £440,000 to £461,977 over the four years and ten months to February 2025, the following assumptions must hold true:

• The value of ROSE BANK has moved in line with the HPI for detached houses in the North Devon local authority area.
• The December 2021 sale price of £440,000 represented a fair market value for the property.
• The size, condition, and specification of ROSE BANK has not materially changed since December 2021.

How Large is ROSE BANK?

ROSE BANK is 108m², which includes two extensions, according to the EPC inspection conducted in September 2022. This puts it in the smallest 20% 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 ROSE BANK lies on this distribution: 18% of detached houses houses are smaller than ROSE BANK, and 78% of houses are larger. Note that EPC data is not available for all properties in West Down.

ROSE BANK: Plot and Title Map

ROSE BANK sits on a plot of roughly 0.198 of an acre, or 802m². The below map shows the location of ROSE BANK, 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 ROSE BANK). 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 ROSE BANK?

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