CROWS NEST, FORTESCUE ROAD, SALCOMBE, TQ8 8AP - £1,000,000

CROWS NEST is a very large extended detached house of 244m², built sometime between 1950 and 1966. It was last sold for £1,000,000 in January 2017, which was around 132% above the average January 2017 detached price in the South Hams local authority area. The most recent EPC inspection was April 2016, where the current energy rating was E, and the potential energy rating was C.

CROWS NEST Sold Prices

Land registry data shows two sales for CROWS NEST since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the South Hams local authority area for the corresponding sale date. Both of the two CROWS NEST 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
2017 19 JAN	£1,000,000	£430,663	132% above HPI
2006 17 FEB	£995,000	£337,943	194% above HPI

CROWS NEST 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 two CROWS NEST sales from February 2006 and January 2017 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 February 2006 sale was for 194% above the HPI. So the extrapolation line tracks at 194% above the HPI over time, until the January 2017 sale, where it falls to 132% above the HPI. The line then continues to track at 132% above the HPI.

How Large is CROWS NEST?

CROWS NEST is 244m², which includes one extension, according to the EPC inspection conducted in April 2016. This puts it in the largest 20% of detached houses in Salcombe, based on EPC data. The below chart shows the distribution of detached houses by size in Salcombe, and where CROWS NEST lies on this distribution: 82% of detached houses are smaller than CROWS NEST, and 17% of houses are larger. Note that EPC data is not available for all properties in Salcombe.

CROWS NEST: Plot and Title Map

CROWS NEST sits on a plot of roughly 0.198 of an acre, or 803m². The below map shows the location of CROWS NEST, 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 CROWS NEST). 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 CROWS NEST?

CROWS NEST is located on FORTESCUE ROAD in SALCOMBE, in the TQ8 postcode district. The below map shows the position of CROWS NEST on FORTESCUE ROAD.