THE FIRS, KINGSALE ROAD, SALCOMBE, TQ8 8AS - £480,000

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 FIRS is a very small extended detached house of 84m², built sometime between 1950 and 1966. It was last sold for £480,000 in September 2020, which was around 1% below the average September 2020 detached price in the South Hams local authority area. The most recent EPC inspection was June 2020, where the current energy rating was D, and the potential energy rating was B.

THE FIRS Sold Prices

Land registry data shows two sales for THE FIRS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the South Hams local authority area for the corresponding sale date. Both of the two THE FIRS 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
2020 28 SEP	£480,000	£483,296	1% below HPI
2010 25 JUN	£310,000	£376,471	18% below HPI

THE FIRS Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Hams local authority area over time, sourced from the HPI. The two THE FIRS sales from June 2010 and September 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 June 2010 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the September 2020 sale, where it rises to 1% below the HPI. The line then continues to track at 1% below the HPI.

How Large is THE FIRS?

THE FIRS is 84m², which includes one extension, according to the EPC inspection conducted in June 2020. This puts it in the smallest 10% of detached houses in Salcombe, based on EPC data. The below chart shows the distribution of detached houses by size in Salcombe, and where THE FIRS lies on this distribution: 8% of detached houses are smaller than THE FIRS, and 91% of houses are larger. Note that EPC data is not available for all properties in Salcombe.

THE FIRS: Plot and Title Map

THE FIRS sits on a plot of roughly 0.161 of an acre, or 651m². The below map shows the location of THE FIRS, 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 FIRS). 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 FIRS?

THE FIRS is located on KINGSALE ROAD in SALCOMBE, in the TQ8 postcode district. The below map shows the position of THE FIRS on KINGSALE ROAD.