TRESCO, HANGMAN PATH, COMBE MARTIN, ILFRACOMBE, EX34 0DN - £388,000

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

TRESCO is a large detached house of 137m², built sometime between 1930 and 1949. It was last sold for £388,000 in September 2016, which was around 22% above the average September 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 D.

TRESCO Sold Prices

Land registry data shows two sales for TRESCO 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 TRESCO 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 21 SEP	£388,000	£318,716	22% above HPI
2004 19 NOV	£254,000	£251,837	1% above HPI

TRESCO 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 TRESCO sales from November 2004 and September 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 November 2004 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the September 2016 sale, where it rises to 22% above the HPI. The line then continues to track at 22% above the HPI.

How Large is TRESCO?

TRESCO is 137m² according to the EPC inspection conducted in February 2012. 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 TRESCO lies on this distribution: 73% of detached houses are smaller than TRESCO, and 27% of houses are larger. Note that EPC data is not available for all properties in Combe Martin.

TRESCO: Plot and Title Map

TRESCO sits on a plot of roughly 0.193 of an acre, or 780m². The below map shows the location of TRESCO, 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 TRESCO). 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 TRESCO?

TRESCO is located on HANGMAN PATH in COMBE MARTIN, in the EX34 postcode district. The below map shows the position of TRESCO on HANGMAN PATH.