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

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

THE LARCHES is a midsized extended detached house of 102m², built sometime between 1930 and 1949, which could now be worth an estimated £229,884. It was last sold for £220,000 in January 2022, which was around 48% 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	£425,284	48% below HPI
2004 30 NOV	£237,000	£257,833	8% below HPI
1996 19 DEC	£55,500	£80,451	31% 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 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the January 2022 sale, where it falls to 48% below the HPI. The line then continues to track at 48% below the HPI.

What might THE LARCHES be worth now?

THE LARCHES might now be worth an estimated £229,884.

This is based on house price inflation of 4.5%, between January 2022 and March 2025, for detached houses, in the North Devon local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 4.5% inflationary increase is applied to the most recent sale price for THE LARCHES of £220,000 on 1st January 2022. For the value to have increased from £220,000 to £229,884 over the two years and ten months to March 2025, the following assumptions must hold true:

• The value of THE LARCHES has moved in line with the HPI for detached houses in the North Devon local authority area.
• The January 2022 sale price of £220,000 represented a fair market value for the property.
• The size, condition, and specification of THE LARCHES has not materially changed since January 2022.

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 houses in Combe Martin, based on EPC data. The below chart shows the distribution of detached houses houses by size in Combe Martin, and where THE LARCHES lies on this distribution: 43% of detached houses houses are smaller than THE LARCHES, and 56% 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.