WESTERLEA, ROSEA BRIDGE LANE, COMBE MARTIN, ILFRACOMBE, EX34 0DP - £340,000

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.

WESTERLEA is a midsized extended detached house of 99m², built sometime between 1950 and 1966, which could now be worth an estimated £463,821. It was last sold for £340,000 in September 2016, which was around 4% above the average September 2016 detached price in the North Devon local authority area. The most recent EPC inspection was June 2010, where the current energy rating was C, and the potential energy rating was C.

WESTERLEA Sold Prices

Land registry data shows four sales for WESTERLEA since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the North Devon local authority area for the corresponding sale date. Most of the four WESTERLEA 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 7 SEP	£340,000	£326,305	4% above HPI
2013 5 DEC	£348,000	£286,205	22% above HPI
2010 19 AUG	£330,000	£284,344	16% above HPI
2003 22 AUG	£200,000	£220,269	9% below HPI

WESTERLEA 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 four WESTERLEA sales between August 2003 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 December 2013 sale was for 22% above the HPI. So the extrapolation line tracks at 22% above the HPI over time, until the September 2016 sale, where it falls to 4% above the HPI. The line then continues to track at 4% above the HPI.

What might WESTERLEA be worth now?

WESTERLEA might now be worth an estimated £463,821.

This is based on house price inflation of 36.4%, between September 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 36.4% inflationary increase is applied to the most recent sale price for WESTERLEA of £340,000 on 7th September 2016. For the value to have increased from £340,000 to £463,821 over the nine years and seven months to February 2025, the following assumptions must hold true:

• The value of WESTERLEA has moved in line with the HPI for detached houses in the North Devon local authority area.
• The September 2016 sale price of £340,000 represented a fair market value for the property.
• The size, condition, and specification of WESTERLEA has not materially changed since September 2016.

How Large is WESTERLEA?

WESTERLEA is 99m², which includes one extension, according to the EPC inspection conducted in June 2010. 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 WESTERLEA lies on this distribution: 42% of detached houses houses are smaller than WESTERLEA, and 58% of houses are larger. Note that EPC data is not available for all properties in Combe Martin.

WESTERLEA: Plot and Title Map

WESTERLEA sits on a plot of roughly 0.240 of an acre, or 970m². The below map shows the location of WESTERLEA, 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 WESTERLEA). 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 WESTERLEA?

WESTERLEA is located on ROSEA BRIDGE LANE in COMBE MARTIN, in the EX34 postcode district. The below map shows the position of WESTERLEA on ROSEA BRIDGE LANE.