SPINDRIFT, POUND LANE, COMBE MARTIN, ILFRACOMBE, EX34 0LT - £445,000

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

SPINDRIFT is a very large extended detached house of 185m², built sometime between 1983 and 1990. It was last sold for £445,000 in November 2020, which was around 17% above the average November 2020 detached price in the North Devon local authority area. The most recent EPC inspection was March 2020, where the current energy rating was C, and the potential energy rating was C.

SPINDRIFT Sold Prices

Land registry data shows three sales for SPINDRIFT 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. Two of the three SPINDRIFT sales were for above the average price, whilst one 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
2020 10 NOV	£445,000	£379,980	17% above HPI
2015 26 NOV	£245,000	£308,753	21% below HPI
2008 26 JUN	£320,000	£287,295	11% above HPI

SPINDRIFT 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 SPINDRIFT sales between June 2008 and November 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 November 2015 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the November 2020 sale, where it rises to 17% above the HPI. The line then continues to track at 17% above the HPI.

How Large is SPINDRIFT?

SPINDRIFT is 185m², which includes two extensions, according to the EPC inspection conducted in March 2020. This puts it in the largest 10% 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 SPINDRIFT lies on this distribution: 91% of detached houses are smaller than SPINDRIFT, and 9% of houses are larger. Note that EPC data is not available for all properties in Combe Martin.

SPINDRIFT: Plot and Title Map

SPINDRIFT sits on a plot of roughly 0.127 of an acre, or 512m². The below map shows the location of SPINDRIFT, 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 SPINDRIFT). 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 SPINDRIFT?

SPINDRIFT is located on POUND LANE in COMBE MARTIN, in the EX34 postcode district. The below map shows the position of SPINDRIFT on POUND LANE.