SILVER SEAS, WEST CHALLACOMBE LANE, COMBE MARTIN, ILFRACOMBE, EX34 0DR - £585,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

SILVER SEAS is a large extended detached house of 139m², built sometime between 1900 and 1929. It was last sold for £585,000 in March 2021, which was around 61% above the average March 2021 detached price in the North Devon local authority area. The most recent EPC inspection was September 2015, where the current energy rating was D, and the potential energy rating was C.

SILVER SEAS Sold Prices

Land registry data shows three sales for SILVER SEAS 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 SILVER SEAS 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
2021 29 MAR	£585,000	£364,028	61% above HPI
2020 27 FEB	£495,000	£351,292	41% above HPI
2013 9 JUL	£271,500	£258,036	5% above HPI

SILVER SEAS 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 SILVER SEAS sales between July 2013 and March 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 February 2020 sale was for 41% above the HPI. So the extrapolation line tracks at 41% above the HPI over time, until the March 2021 sale, where it rises to 61% above the HPI. The line then continues to track at 61% above the HPI.

How Large is SILVER SEAS?

SILVER SEAS is 139m², which includes one extension, according to the EPC inspection conducted in September 2015. This puts it in the largest 30% 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 SILVER SEAS lies on this distribution: 74% of detached houses are smaller than SILVER SEAS, and 26% of houses are larger. Note that EPC data is not available for all properties in Combe Martin.

SILVER SEAS: Plot and Title Map

SILVER SEAS sits on a plot of roughly 0.225 of an acre, or 910m². The below map shows the location of SILVER SEAS, 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 SILVER SEAS). 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 SILVER SEAS?

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