THE FIRS, WESTERN GARDENS, COMBE MARTIN, ILFRACOMBE, EX34 0EY - £415,000

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 large extended detached house of 140m², built sometime before 1900. It was last sold for £415,000 in September 2014, which was around 41% above the average September 2014 detached price in the North Devon local authority area. The most recent EPC inspection was October 2008, where the current energy rating was F, and the potential energy rating was E.

THE FIRS Sold Prices

Land registry data shows three sales for THE FIRS 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 FIRS 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
2014 23 SEP	£415,000	£294,597	41% above HPI
2005 1 JUL	£319,000	£254,731	25% above HPI
1998 15 MAY	£120,000	£89,874	34% above 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 three THE FIRS sales between May 1998 and September 2014 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 July 2005 sale was for 25% above the HPI. So the extrapolation line tracks at 25% above the HPI over time, until the September 2014 sale, where it rises to 41% above the HPI. The line then continues to track at 41% above the HPI.

How Large is THE FIRS?

THE FIRS is 140m², which includes one extension, according to the EPC inspection conducted in October 2008. This puts it in the largest 30% 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 THE FIRS lies on this distribution: 75% of detached houses are smaller than THE FIRS, and 25% of houses are larger. Note that EPC data is not available for all properties in Combe Martin.

THE FIRS: Plot and Title Map

THE FIRS sits on a plot of roughly 1.2 acres, or 4,666m². 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 WESTERN GARDENS in COMBE MARTIN, in the EX34 postcode district. The below map shows the position of THE FIRS on WESTERN GARDENS.