SARNEM, WEST CHALLACOMBE LANE, COMBE MARTIN, ILFRACOMBE, EX34 0HF - £240,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

SARNEM is a large extended detached house of 132m², built sometime between 1950 and 1966. It was last sold for £240,000 in April 2016, which was around 21% below the average April 2016 detached price in the North Devon local authority area. The most recent EPC inspection was January 2016, where the current energy rating was C, and the potential energy rating was C.

SARNEM Sold Prices

Land registry data shows two sales for SARNEM 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 SARNEM 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
2016 26 APR	£240,000	£305,676	21% below HPI
2005 16 SEP	£200,000	£260,672	23% below HPI

SARNEM 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 SARNEM sales from September 2005 and April 2016 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 September 2005 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the April 2016 sale, where it rises to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is SARNEM?

SARNEM is 132m², which includes two extensions, according to the EPC inspection conducted in January 2016. This puts it in the largest 40% of detached houses in Combe Martin, based on EPC data. The below chart shows the distribution of detached houses by size in Combe Martin, and where SARNEM lies on this distribution: 68% of detached houses are smaller than SARNEM, and 31% of houses are larger. Note that EPC data is not available for all properties in Combe Martin.

SARNEM: Plot and Title Map

SARNEM sits on a plot of roughly 0.061 of an acre, or 248m². The below map shows the location of SARNEM, 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 SARNEM). 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 SARNEM?

SARNEM is located on WEST CHALLACOMBE LANE in COMBE MARTIN, in the EX34 postcode district. The below map shows the position of SARNEM on WEST CHALLACOMBE LANE.