THE FIRS, TORRS WALK AVENUE, ILFRACOMBE, EX34 8AU - £244,950

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

THE FIRS is a midsized extended detached house of 112m², built sometime between 1950 and 1966. It was last sold for £244,950 in February 2016, which was around 20% below the average February 2016 detached price in the North Devon local authority area. The most recent EPC inspection was July 2015, where the current energy rating was D, and the potential energy rating was A.

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 North Devon 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
2016 15 FEB	£244,950	£307,414	20% below HPI
1998 10 JUN	£82,950	£94,448	12% below HPI

THE FIRS 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 THE FIRS sales from June 1998 and February 2016 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 1998 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the February 2016 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is THE FIRS?

THE FIRS is 112m², which includes four extensions, according to the EPC inspection conducted in July 2015. This puts it in the largest 50% of detached houses in Ilfracombe, based on EPC data. The below chart shows the distribution of detached houses by size in Ilfracombe, and where THE FIRS lies on this distribution: 57% of detached houses are smaller than THE FIRS, and 42% of houses are larger. Note that EPC data is not available for all properties in Ilfracombe.

THE FIRS: Plot and Title Map

THE FIRS sits on a plot of roughly 0.237 of an acre, or 961m². 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 TORRS WALK AVENUE in ILFRACOMBE, in the EX34 postcode district. The below map shows the position of THE FIRS on TORRS WALK AVENUE.