THE FIRS, WOODLANDS, COMBE MARTIN, ILFRACOMBE, EX34 0AS - £190,000

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 large extended semi-detached house of 155m², built sometime before 1900. It was last sold for £190,000 in October 2015, which was around 39% below the average October 2015 detached price in the North Devon local authority area. The most recent EPC inspection was May 2010, where the current energy rating was E, and the potential energy rating was D.

THE FIRS Sold Prices

Land registry data shows five sales for THE FIRS since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the North Devon local authority area for the corresponding sale date. Most of the five 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
2015 19 OCT	£190,000	£309,530	39% below HPI
2007 16 MAR	£200,000	£273,796	27% below HPI
2002 10 JUN	£139,950	£168,161	17% below HPI
2000 21 JAN	£90,000	£106,470	15% below HPI
1996 30 OCT	£110,000	£77,466	42% 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 five THE FIRS sales between October 1996 and October 2015 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 March 2007 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the October 2015 sale, where it falls to 39% below the HPI. The line then continues to track at 39% below the HPI.

How Large is THE FIRS?

THE FIRS is 155m², which includes one extension, according to the EPC inspection conducted in May 2010. This puts it in the largest 20% 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: 80% of detached houses are smaller than THE FIRS, and 20% 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 0.111 of an acre, or 450m². 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 WOODLANDS in COMBE MARTIN, in the EX34 postcode district. The below map shows the position of THE FIRS on WOODLANDS.