NIRVANA, CAIRN ROAD, ILFRACOMBE, EX34 8DL - £510,000

NIRVANA is a very large extended detached house of 207m², built sometime between 1976 and 1982. It was last sold for £510,000 in November 2021, which was around 26% above the average November 2021 detached price in the North Devon local authority area. The most recent EPC inspection was September 2016, where the current energy rating was D, and the potential energy rating was C.

NIRVANA Sold Prices

Land registry data shows four sales for NIRVANA 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. All of the four NIRVANA 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
2021 17 NOV	£510,000	£405,736	26% above HPI
2017 8 JUN	£385,000	£321,677	20% above HPI
2001 5 DEC	£180,000	£148,781	21% above HPI
2000 13 DEC	£173,000	£126,726	37% above HPI

NIRVANA 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 NIRVANA sales between December 2000 and November 2021 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 June 2017 sale was for 20% above the HPI. So the extrapolation line tracks at 20% above the HPI over time, until the November 2021 sale, where it rises to 26% above the HPI. The line then continues to track at 26% above the HPI.

How Large is NIRVANA?

NIRVANA is 207m², which includes one extension, according to the EPC inspection conducted in September 2016. This puts it in the largest 20% of detached houses in Ilfracombe, based on EPC data. The below chart shows the distribution of detached houses by size in Ilfracombe, and where NIRVANA lies on this distribution: 90% of detached houses are smaller than NIRVANA, and 10% of houses are larger. Note that EPC data is not available for all properties in Ilfracombe.

NIRVANA: Plot and Title Map

NIRVANA sits on a plot of roughly 0.319 of an acre, or 1,291m². The below map shows the location of NIRVANA, 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 NIRVANA). 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 NIRVANA?

NIRVANA is located on CAIRN ROAD in ILFRACOMBE, in the EX34 postcode district. The below map shows the position of NIRVANA on CAIRN ROAD.