THE LARCHES, CHAPEL LANE, COMBE MARTIN, ILFRACOMBE, EX34 0HJ - £220,000

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 LARCHES is a midsized extended detached house of 102m², built sometime between 1930 and 1949. It was last sold for £220,000 in January 2022, which was around 47% below the average January 2022 detached price in the North Devon local authority area. The most recent EPC inspection was July 2014, where the current energy rating was D, and the potential energy rating was C.

THE LARCHES Sold Prices

Land registry data shows three sales for THE LARCHES 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 LARCHES 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
2022 1 JAN	£220,000	£415,394	47% below HPI
2004 30 NOV	£237,000	£251,837	6% below HPI
1996 19 DEC	£55,500	£78,580	29% below HPI

THE LARCHES 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 LARCHES sales between December 1996 and January 2022 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 November 2004 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the January 2022 sale, where it falls to 47% below the HPI. The line then continues to track at 47% below the HPI.

How Large is THE LARCHES?

THE LARCHES is 102m², which includes two extensions, according to the EPC inspection conducted in July 2014. This puts it in the smallest 50% 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 LARCHES lies on this distribution: 45% of detached houses are smaller than THE LARCHES, and 55% of houses are larger. Note that EPC data is not available for all properties in Combe Martin.

THE LARCHES: Plot and Title Map

THE LARCHES sits on a plot of roughly 0.213 of an acre, or 864m². The below map shows the location of THE LARCHES, 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 LARCHES). 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 LARCHES?

THE LARCHES is located on CHAPEL LANE in COMBE MARTIN, in the EX34 postcode district. The below map shows the position of THE LARCHES on CHAPEL LANE.