SOUTH BANK, BEACH ROAD, WOOLACOMBE, EX34 7AD - £710,000

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

SOUTH BANK is a large extended detached house of 137m², built sometime between 1930 and 1949. It was last sold for £710,000 in July 2022, which was around 65% above the average July 2022 detached price in the North Devon local authority area. The most recent EPC inspection was February 2019, where the current energy rating was D, and the potential energy rating was C.

SOUTH BANK Sold Prices

Land registry data shows two sales for SOUTH 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. Both of the two SOUTH BANK 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
2022 1 JUL	£710,000	£429,871	65% above HPI
2019 11 OCT	£450,000	£360,166	25% above HPI

SOUTH 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 SOUTH BANK sales from October 2019 and July 2022 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 2019 sale was for 25% above the HPI. So the extrapolation line tracks at 25% above the HPI over time, until the July 2022 sale, where it rises to 65% above the HPI. The line then continues to track at 65% above the HPI.

How Large is SOUTH BANK?

SOUTH BANK is 137m², which includes one extension, according to the EPC inspection conducted in February 2019. This puts it in the largest 40% of detached houses in Woolacombe, based on EPC data. The below chart shows the distribution of detached houses by size in Woolacombe, and where SOUTH BANK lies on this distribution: 61% of detached houses are smaller than SOUTH BANK, and 39% of houses are larger. Note that EPC data is not available for all properties in Woolacombe.

SOUTH BANK: Plot and Title Map

SOUTH BANK sits on a plot of roughly 0.226 of an acre, or 915m². The below map shows the location of SOUTH 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 SOUTH 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 SOUTH BANK?

SOUTH BANK is located on BEACH ROAD in WOOLACOMBE, in the EX34 postcode district. The below map shows the position of SOUTH BANK on BEACH ROAD.