1, OLD RECTORY GARDENS, MORCHARD BISHOP, CREDITON, EX17 6PF - £235,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

1 OLD RECTORY GARDENS is a very small extended detached house of 86m², built sometime between 1967 and 1975. It was last sold for £235,000 in May 2021, which was around 37% below the average May 2021 detached price in the Mid Devon local authority area. The most recent EPC inspection was September 2021, where the current energy rating was D, and the potential energy rating was C.

1 OLD RECTORY GARDENS Sold Prices

Land registry data shows two sales for 1 OLD RECTORY GARDENS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Mid Devon local authority area for the corresponding sale date. Both of the two 1 OLD RECTORY GARDENS sales were for below 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 10 MAY	£235,000	£373,876	37% below HPI
1999 25 JAN	£91,000	£105,719	14% below HPI

1 OLD RECTORY GARDENS Price Paid vs. HPI Average

The below graph shows the average detached house price in the Mid Devon local authority area over time, sourced from the HPI. The two 1 OLD RECTORY GARDENS sales from January 1999 and May 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 January 1999 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the May 2021 sale, where it falls to 37% below the HPI. The line then continues to track at 37% below the HPI.

What might 1 OLD RECTORY GARDENS be worth now?

1 OLD RECTORY GARDENS might now be worth an estimated £273,253.

This is based on house price inflation of 16.3%, between May 2021 and December 2024, for detached houses, in the Mid Devon local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 16.3% inflationary increase is applied to the most recent sale price for 1 OLD RECTORY GARDENS of £235,000 on 10th May 2021. For the value to have increased from £235,000 to £273,253 over the two years and five months to December 2024, the following assumptions must hold true:

• The value of 1 OLD RECTORY GARDENS has moved in line with the HPI for detached houses in the Mid Devon local authority area.
• The May 2021 sale price of £235,000 represented a fair market value for the property.
• The size, condition, and specification of 1 OLD RECTORY GARDENS has not materially changed since May 2021.

How Large is 1 OLD RECTORY GARDENS?

1 OLD RECTORY GARDENS is 86m², which includes one extension, according to the EPC inspection conducted in September 2021. This puts it in the smallest 20% of detached houses houses in Morchard Bishop, based on EPC data. The below chart shows the distribution of detached houses houses by size in Morchard Bishop, and where 1 OLD RECTORY GARDENS lies on this distribution: 18% of detached houses houses are smaller than 1 OLD RECTORY GARDENS, and 82% of houses are larger. Note that EPC data is not available for all properties in Morchard Bishop.

1 OLD RECTORY GARDENS: Plot and Title Map

1 OLD RECTORY GARDENS sits on a plot of roughly 0.117 of an acre, or 475m². The below map shows the location of 1 OLD RECTORY GARDENS, 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 1 OLD RECTORY GARDENS). 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 1 OLD RECTORY GARDENS?

1 OLD RECTORY GARDENS is located in MORCHARD BISHOP, in the EX17 postcode district. The below map shows the position of No. 1 on OLD RECTORY GARDENS.