WESTWARD HOUSE, MAIN ROAD, SALCOMBE, TQ8 8JW - £879,500

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.

WESTWARD HOUSE is a large extended detached house of 202m², built sometime before 1900, which could now be worth an estimated £1,001,350. It was last sold for £879,500 in October 2020, which was around 72% above the average October 2020 detached price in the South Hams local authority area. The most recent EPC inspection was July 2020, where the current energy rating was E, and the potential energy rating was C.

WESTWARD HOUSE Sold Prices

Land registry data shows four sales for WESTWARD HOUSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the South Hams local authority area for the corresponding sale date. All of the four WESTWARD HOUSE 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
2020 15 OCT	£879,500	£512,703	72% above HPI
2010 15 JUL	£715,000	£376,176	90% above HPI
2003 27 NOV	£450,000	£277,453	62% above HPI
2001 1 OCT	£345,000	£206,271	67% above HPI

WESTWARD HOUSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Hams local authority area over time, sourced from the HPI. The four WESTWARD HOUSE sales between October 2001 and October 2020 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 2010 sale was for 90% above the HPI. So the extrapolation line tracks at 90% above the HPI over time, until the October 2020 sale, where it falls to 72% above the HPI. The line then continues to track at 72% above the HPI.

What might WESTWARD HOUSE be worth now?

WESTWARD HOUSE might now be worth an estimated £1,001,350.

This is based on house price inflation of 13.9%, between October 2020 and February 2025, for detached houses, in the South Hams local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 13.9% inflationary increase is applied to the most recent sale price for WESTWARD HOUSE of £879,500 on 15th October 2020. For the value to have increased from £879,500 to £1,001,350 over the five years and eight months to February 2025, the following assumptions must hold true:

• The value of WESTWARD HOUSE has moved in line with the HPI for detached houses in the South Hams local authority area.
• The October 2020 sale price of £879,500 represented a fair market value for the property.
• The size, condition, and specification of WESTWARD HOUSE has not materially changed since October 2020.

How Large is WESTWARD HOUSE?

WESTWARD HOUSE is 202m², which includes two extensions, according to the EPC inspection conducted in July 2020. This puts it in the largest 30% of detached houses houses in Salcombe, based on EPC data. The below chart shows the distribution of detached houses houses by size in Salcombe, and where WESTWARD HOUSE lies on this distribution: 73% of detached houses houses are smaller than WESTWARD HOUSE, and 27% of houses are larger. Note that EPC data is not available for all properties in Salcombe.

WESTWARD HOUSE: Plot and Title Map

WESTWARD HOUSE sits on a plot of roughly 0.233 of an acre, or 941m². The below map shows the location of WESTWARD HOUSE, 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 WESTWARD HOUSE). 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 WESTWARD HOUSE?

WESTWARD HOUSE is located on MAIN ROAD in SALCOMBE, in the TQ8 postcode district. The below map shows the position of WESTWARD HOUSE on MAIN ROAD.