THE CEDARS, STERRIDGE VALLEY, BERRYNARBOR, ILFRACOMBE, EX34 9TB - £390,000

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

THE CEDARS is a small detached house of 123m², built sometime between 1950 and 1966. It was last sold for £390,000 in March 2018, which was around 20% above the average March 2018 detached price in the North Devon local authority area. The most recent EPC inspection was September 2011, where the current energy rating was D, and the potential energy rating was D.

THE CEDARS Sold Prices

Land registry data shows three sales for THE CEDARS 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 THE CEDARS 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
2018 5 MAR	£390,000	£325,224	20% above HPI
1999 20 OCT	£135,000	£108,364	25% above HPI
1997 17 OCT	£110,000	£88,394	24% above HPI

THE CEDARS 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 THE CEDARS sales between October 1997 and March 2018 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 1999 sale was for 25% above the HPI. So the extrapolation line tracks at 25% above the HPI over time, until the March 2018 sale, where it falls to 20% above the HPI. The line then continues to track at 20% above the HPI.

How Large is THE CEDARS?

THE CEDARS is 123m² according to the EPC inspection conducted in September 2011. This puts it in the smallest 40% of detached houses in Berrynarbor, based on EPC data. The below chart shows the distribution of detached houses by size in Berrynarbor, and where THE CEDARS lies on this distribution: 39% of detached houses are smaller than THE CEDARS, and 59% of houses are larger. Note that EPC data is not available for all properties in Berrynarbor.

THE CEDARS: Plot and Title Map

THE CEDARS sits on a plot of roughly 0.283 of an acre, or 1,143m². The below map shows the location of THE CEDARS, 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 THE CEDARS). 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 THE CEDARS?

THE CEDARS is located on STERRIDGE VALLEY in BERRYNARBOR, in the EX34 postcode district. The below map shows the position of THE CEDARS on STERRIDGE VALLEY.