THE RIDGES, CAIRN ROAD, ILFRACOMBE, EX34 8DL - £332,000

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 RIDGES is a large extended detached house of 153m², built sometime between 1976 and 1982, which could now be worth an estimated £454,924. It was last sold for £332,000 in December 2016, which was around 2% above the average December 2016 detached price in the North Devon local authority area. The most recent EPC inspection was February 2012, where the current energy rating was E, and the potential energy rating was C.

THE RIDGES Sold Prices

Land registry data shows two sales for THE RIDGES 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 RIDGES 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
2016 2 DEC	£332,000	£324,859	2% above HPI
2009 26 AUG	£285,000	£263,457	8% above HPI

THE RIDGES 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 RIDGES sales from August 2009 and December 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 August 2009 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the December 2016 sale, where it falls to 2% above the HPI. The line then continues to track at 2% above the HPI.

What might THE RIDGES be worth now?

THE RIDGES might now be worth an estimated £454,924.

This is based on house price inflation of 37%, between December 2016 and February 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 37% inflationary increase is applied to the most recent sale price for THE RIDGES of £332,000 on 2nd December 2016. For the value to have increased from £332,000 to £454,924 over the nine years and ten months to February 2025, the following assumptions must hold true:

• The value of THE RIDGES has moved in line with the HPI for detached houses in the North Devon local authority area.
• The December 2016 sale price of £332,000 represented a fair market value for the property.
• The size, condition, and specification of THE RIDGES has not materially changed since December 2016.

How Large is THE RIDGES?

THE RIDGES is 153m², which includes one extension, according to the EPC inspection conducted in February 2012. This puts it in the largest 30% of detached houses houses in Ilfracombe, based on EPC data. The below chart shows the distribution of detached houses houses by size in Ilfracombe, and where THE RIDGES lies on this distribution: 79% of detached houses houses are smaller than THE RIDGES, and 21% of houses are larger. Note that EPC data is not available for all properties in Ilfracombe.

THE RIDGES: Plot and Title Map

THE RIDGES sits on a plot of roughly 0.200 of an acre, or 808m². The below map shows the location of THE RIDGES, 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 RIDGES). 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 RIDGES?

THE RIDGES is located on CAIRN ROAD in ILFRACOMBE, in the EX34 postcode district. The below map shows the position of THE RIDGES on CAIRN ROAD.