WEMBLEY LODGE, WATER LANE, COMBE MARTIN, ILFRACOMBE, EX34 0ES - £260,000

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

WEMBLEY LODGE is a large extended detached house of 142m², built sometime between 1900 and 1929. It was last sold for £260,000 in October 2015, which was around 16% below the average October 2015 detached price in the North Devon local authority area. The most recent EPC inspection was September 2014, where the current energy rating was D, and the potential energy rating was C.

WEMBLEY LODGE Sold Prices

Land registry data shows two sales for WEMBLEY LODGE 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. One of the two WEMBLEY LODGE sales was for below the average price, whilst the other was 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
2015 23 OCT	£260,000	£309,530	16% below HPI
2006 31 JUL	£299,950	£260,336	15% above HPI

WEMBLEY LODGE 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 WEMBLEY LODGE sales from July 2006 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 July 2006 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the October 2015 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.

How Large is WEMBLEY LODGE?

WEMBLEY LODGE is 142m², which includes one extension, according to the EPC inspection conducted in September 2014. 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 WEMBLEY LODGE lies on this distribution: 76% of detached houses are smaller than WEMBLEY LODGE, and 24% of houses are larger. Note that EPC data is not available for all properties in Combe Martin.

WEMBLEY LODGE: Plot and Title Map

WEMBLEY LODGE sits on a plot of roughly 0.140 of an acre, or 567m². The below map shows the location of WEMBLEY LODGE, 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 WEMBLEY LODGE). 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 WEMBLEY LODGE?

WEMBLEY LODGE is located on WATER LANE in COMBE MARTIN, in the EX34 postcode district. The below map shows the position of WEMBLEY LODGE on WATER LANE.